KGN 3.97% $4.45 kogan.com ltd

Ann: May 2021 Business Update, page-111

  1. 9,228 Posts.
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    If this isn't a full downgrade, tell me what is?
    They are report $0M to $5M EBITDA in Q4 vs $7M in Q3. I think it is close to the worst stats possible nothing demurrage is fixed and marketing is higher than usual levels.

    The risk v reward right now is perfect for me. Sure it could drop more, but it won't be this value in 6 to 12 months time. It will have synergies from the Mighty Ape acquisition and much more. It is a bargain unlike A2M that has lost its market.
 
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