KGN 1.30% $4.68 kogan.com ltd

Ann: Kogan.com quarterly Cash Flow Statement and Trading Update, page-193

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  1. 1,287 Posts.
    lightbulb Created with Sketch. 63
    That's what separates the amateurs from those with experience and common sense. Selling 5% of a 60% holding is hardly a selldown. It's like management can't ever sell any shares which is ridiculous. Valuation wise it's open to many assumptions and everyone has a view. You can't hide the fact cause numbers tell the story, is the growth and it's phenomenal in a retail sector. And unfortunately growth doesn't come cheap. So in summary, incredible growth and it should be trading on lofty multiples.
 
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