KGN 1.58% $4.36 kogan.com ltd

The case for a $10 share price

  1. 751 Posts.
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    1. Many holders are sticking long-term, even RK/DS only sold a few to get the institutions on board 2. Amazon fears appear unfounded, further confirmation arriving with each quarterly 3. Limitless possibilities for new lines of business, such as credit cards. All you need is a new partnership and they cross-sell to their 8 million existing customers. 4. New LOBs are 100% GP 5. Low cost variability due to automation which limits staff costs 6. Many investors still not aware of the possibilities 7. Already announced LOBs are yet to be turned on (eg life insurance) $10 share price is a market cap of around $1B, I'm calling that we hit $10 this year at some point.
 
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