KGN 0.41% $4.90 kogan.com ltd

Yeah I would agree with most of these comments. In saying that,...

  1. 40 Posts.
    Yeah I would agree with most of these comments. In saying that, time can change the company, however in time will also come Amazon, cheaper electronics, more competiton etc and Australia is a tiny market. There are so many negatives going for these guys which is a shame. I think a lower priced IPO with a little less greed from the owners (I think they pocketed 7 million each from the deal just as a bonus) would have been more plausible, but, according to my calcs, was way over valued at $1.80, but talked up a big game. With bigger expansions come bigger costs and I hope for the investors sake that they do well, but the when the tide rises, the ships should go up with it. This ship is starting to struggle in the high tide.
 
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