KGN 0.96% $4.22 kogan.com ltd

chart seems to have broken down. SP pushing through both the 50%...

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    chart seems to have broken down. SP pushing through both the 50% fib retrace and through the bottom bottom bounce. $12 come into play now for the 62% fib retrace from COVID lows.

    Unfortunate day to be releasing a quality result and IMO overdone.

    Look at our valuation against a comparative like Temple & W - Kogan has 3 times the EBITDA and 3 times the NPAT yet valuations within $500m of each other.

    Kogan's trends do change often and fast .... it's a hold for me.
 
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