"Its a business that almost runs itself."
No, it is an online retailer of various products and services. This requires significant judgement, such as how much of what inventory to buy.
As you may recall, KMP dropped the ball big time when they bet the covid goods boom would continue longer.
Retail is not easy. Kogan first and a large customer database help, but it doesn't really have some kind of moat that locks customers in to future purchasers.
Retail sales data was out this week, discretionary consumers goods are in decline.
On a side note, Bapcor released a shocker of an update today, the retail division (automotive) was its weak point.
- Forums
- ASX - By Stock
- Ann: Kogan.com - April 2024 Business Update
"Its a business that almost runs itself."No, it is an online...
-
-
- There are more pages in this discussion • 22 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add KGN (ASX) to my watchlist
(20min delay)
|
|||||
Last
$4.37 |
Change
-0.060(1.35%) |
Mkt cap ! $438.5M |
Open | High | Low | Value | Volume |
$4.45 | $4.51 | $4.35 | $1.973M | 446.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
15 | 3192 | $4.37 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$4.38 | 1666 | 12 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
25 | 2987 | 4.370 |
17 | 11665 | 4.360 |
24 | 39377 | 4.350 |
11 | 20202 | 4.340 |
11 | 4306 | 4.330 |
Price($) | Vol. | No. |
---|---|---|
4.380 | 3166 | 22 |
4.390 | 4252 | 15 |
4.400 | 15678 | 20 |
4.410 | 17825 | 12 |
4.420 | 4476 | 10 |
Last trade - 15.23pm 21/06/2024 (20 minute delay) ? |
Featured News
KGN (ASX) Chart |
The Watchlist
FHE
FRONTIER ENERGY LIMITED
Adam Kiley, CEO
Adam Kiley
CEO
SPONSORED BY The Market Online