Yes GST is going to effect their bottom line, but it will also impact all online competitors. If nothing else, Kogan has shown that he understands the online world that that Kogan needs to be more than a one trick pony. Diversification into mobile, NBN, pet insurance and eventually other key verticals will help Kogan retain its relevance, sales, revenue and profitability.
The share drop today is nothing but panic selling. I would be surprised if the share price didn't fully recover over the next couple of months on track to a solid year end. I have help this stock for a while now and bought more at the bell.
I've worked in eCommerce for 21 years and I see long-term value with Kogan. They will recover and more.
- Forums
- ASX - By Stock
- KGN
- KGN - 800 million dollar business LOL
KGN - 800 million dollar business LOL, page-42
-
-
- There are more pages in this discussion • 252 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
|
|||||
Last
$4.42 |
Change
0.060(1.38%) |
Mkt cap ! $446.7M |
Open | High | Low | Value | Volume |
$4.37 | $4.44 | $4.34 | $1.056M | 240.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
13 | 1703 | $4.42 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$4.43 | 3733 | 15 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
13 | 1710 | 4.420 |
23 | 9070 | 4.410 |
17 | 11849 | 4.400 |
11 | 16987 | 4.390 |
12 | 5974 | 4.380 |
Price($) | Vol. | No. |
---|---|---|
4.430 | 3731 | 15 |
4.440 | 8713 | 20 |
4.450 | 21578 | 21 |
4.460 | 17458 | 11 |
4.470 | 7486 | 8 |
Last trade - 14.05pm 19/08/2024 (20 minute delay) ? |
Featured News
KGN (ASX) Chart |