KGN 3.97% $4.45 kogan.com ltd

Ann: May 2021 Business Update, page-109

  1. 1,692 Posts.
    lightbulb Created with Sketch. 84
    there is always risk in large acquisitions which can reduce the multiple.

    I'm cautious. often mgt don't give a full downgrade hoping this will improve and then they get into a downgrade spiral.

    I'll watch closely but I can't jump in yet. too much risk here for me.
 
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