Investors Unplug Kogan On Earnings Miss
Shares in online electronics retailer Kogan plunged 22% on Monday after a trading update fell short of market forecasts.
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High Expectations Hurt Kogan
Shares in Kogan.com sold off yesterday after hitting an early high of $7.92 in early trading on news of a solid trading update given to the company’s annual meeting.
Read MoreKogan Upbeat Heading Into Key Holiday Period
Shares in online retailer Kogan ended up 1% yesterday (in a wider market that struggled to close up 0.9% at the end of the day) after it told the ASX had seen a strong start to the financial year.
Read MoreMargin Expansion Underpins Solid Kogan Result
Electronics retailer Kogan has reported a strong full-year result for 2018-19 with revenues up 6.4% and net earnings after tax jumping an impressive 21.9%, indicating the company’s profit margins expanded during the year.
Read MoreKogan Shows It Can Still Grow
Investors got a little excited yesterday after online retailer Kogan reported a solid operating performance in the June half-year.
Read MoreInvestors Unplug Kogan As Competition Bites
Shares in the online retailer, Kogan.com slid 33% yesterday after it revealed a sharp fall in sales of global brands in the first quarter of the new financial year.
Read MoreKGN – UBS rates the stock as Buy
FY18 results were strong and ahead of estimates, albeit largely because of FX gains. Momentum in mobile and internet was a highlight but the broker is concerned about the lack of a trading update. UBS cuts FY19-21 estimates for earnings per share by -2-10%.
Read MoreKogan Shares Continue To Short Circuit
Another whacking yesterday for shares in online retailer, Kogan.com down for a second day in a row
Read MoreShare Price Catches Up With Kogan Earnings
Kogan.com’s stocks have plunged almost 12% to six-months lows yesterday after what investors said was a disappointing fourth-quarter trading update.
Read MoreKogan IPO Flop – The Writing Was On The Wall
Kogan (KGN), the online retailer has been on the market for just over a week and is down 13%. Not the start investors in the IPO hoped for, but some argue the writing was on the wall.
Read MoreKogan Short Circuits On Debut
Reality for local online consumer electronics retailer Kogan.com (KGN) came yesterday after the company listed on the ASX – the shares fell 30 cents, or more than 16% on its stock exchange debut.
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