I think the business is ok, hard to disagree with a lot of those points in the Morningstar write up. However, there have been missteps post Covid. Arguably the KMP messed up a lot by over ordering inventory during the boom. That helped smash the stock post Covid beyond the general downturn in covid winners. The massive comp and timing is not a good look. Not much shareholder value has been created in several years. The shares were trading at 5 bucks as far back as late 2017. This has been coupled with extreme volatility. I've had good experiences as a customer, but no interest as an investor.
Ann: Kogan.com - April 2024 Business Update, page-57
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Last
$4.54 |
Change
0.000(0.00%) |
Mkt cap ! $457.1M | |||
| Open | High | Low | Value | Volume |
| $4.55 | $4.60 | $4.53 | $243.1K | 53.33K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 8793 | $4.54 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.55 | 944 | 7 |
View Market Depth
| Last trade - 10.26am 27/05/2024 (20 minute delay) ? |
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Last
$4.58 |
Change
0.000 ( 0.96 %) |
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| Open | High | Low | Volume | ||
| $4.56 | $4.60 | $4.54 | 9148 | ||
| Last updated 10.45am 27/05/2024 ? | |||||
| KGN (ASX) Chart |