Kogan is rare that it is a profitable growth stock - if you look at the HY dividend of 6.9c the effective dividend yield at IPO 2 years ago 7.7%. Since listing, growth has accelerated and margins have improved. Let's not think about how much mindshare they have currently - they make money, and I would rather own a company that makes money than an unprofitable one that everybody has heard of. There is significant future upside as they scale and create new product lines. Longer term I think they will eat into eBays market share here. Amazons investment seems to be more in warehousing and distribution than online retail. What is Kogans biggest risk? A massive data breach.
KGN - 800 million dollar business LOL, page-184
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Last
$5.12 |
Change
0.040(0.79%) |
Mkt cap ! $516.8M | |||
| Open | High | Low | Value | Volume |
| $5.08 | $5.15 | $5.07 | $1.333M | 261.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2388 | $5.10 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.14 | 12654 | 3 |
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| Last trade - 16.10pm 03/10/2024 (20 minute delay) ? |
| KGN (ASX) Chart |