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.
I think the business is ok, hard to disagree with a lot of those...
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Last
$4.29 |
Change
-0.050(1.15%) |
Mkt cap ! $432.5M | |||
| Open | High | Low | Value | Volume |
| $4.34 | $4.38 | $4.29 | $4.032M | 931.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 10758 | $4.28 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.29 | 30052 | 1 |
View Market Depth
| Last trade - 16.10pm 04/06/2024 (20 minute delay) ? |
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Last
$4.30 |
Change
-0.050 ( 0.77 %) |
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| Open | High | Low | Volume | ||
| $4.35 | $4.37 | $4.29 | 135662 | ||
| Last updated 15.59pm 04/06/2024 ? | |||||
| KGN (ASX) Chart |