Let's all be honest here and take it back to basics. This is a company which resells goods. No it does not manufacture it's own given the "own brand" product suite. At the end of the day you're paying whatever multiple for a company which moves goods from one location to the consumer and in doing that clipping whatever margin is on the top.
Do they have an economic moat? Does their market suffer risks from new entrants? Do they have pricing power? Will they suffer regulatory risk?
No, Yes, No, Yes (GST)
Full disclosure: I was a holder but for different reasons none of which are to do with their future potential or market position. They were simply spitting out good numbers with solid customer growth and the market likes it, pretty simple.
If you're a holder, good luck but don't kid yourself that this is a market darling which will churn out cash and kill the competition. It's a retail play in a price-sensitive environment which aims to capture consumer's discretionary spending.
- Forums
- ASX - By Stock
- KGN
- I think its positive . GST avoiders beware!
I think its positive . GST avoiders beware!, page-23
-
-
- There are more pages in this discussion • 40 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
$4.32 |
Change
-0.200(4.42%) |
Mkt cap ! $434.6M |
Open | High | Low | Value | Volume |
$4.41 | $4.45 | $4.32 | $2.671M | 610.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 5046 | $4.32 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$4.39 | 2308 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 5300 | 4.310 |
3 | 5753 | 4.300 |
1 | 233 | 4.290 |
1 | 3000 | 4.250 |
1 | 303 | 4.230 |
Price($) | Vol. | No. |
---|---|---|
4.420 | 6533 | 2 |
4.430 | 5000 | 6 |
4.450 | 500 | 1 |
4.460 | 1000 | 1 |
4.470 | 500 | 1 |
Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
Featured News
STX
Strike hands $48.5M contract to Clarke Energy to produce 20x 4.5MW gas engines for Sth Erregulla
MND
Albemarle lithium downsize burns $200M hole in Monadelphous's pocket as latter's contracts terminated
KGN (ASX) Chart |