Analysis of Corporate Travel Management, Kogan.com
Fund Manager Chris Pedersen discusses Tuesday's RBA update, exports and imports, Corporate Travel Management and Kogan.com.
Read MoreTag: KGN
Kogan.com resumes dividend payments after three years
Kogan.com, a leading online retailer, announced on Monday its return to dividend payments, marking a significant milestone after a three-year hiatus.
Read MoreKogan shares take a hit amidst disappointing 2022-23 results
Shares of online retailer Kogan (ASX:KGN) faced a sharp decline on Tuesday as investors reacted to the company's 2022-23 results. The shares experienced a 16% drop at one point, settling around a 14% decrease by midday. The financials, which lacked encouragement, confirmed that the end of the pandemic and the reopening of the economy had posed challenges, mirroring the struggles faced by many online businesses.
Read MoreBridge Street Bites: TPG, KGN
Disappointing results announced Monday by TPG Telecom and online retailer Kogan, although their positive share price movements were a surprise on a generally weak trading day.
Read MoreLower Stocks, Higher Shares for Kogan
Shares in online retailer Kogan jumped more than 10% on Thursday after founder Ruslan Kogan told the company’s AGM that its overstock situation was easing.
Read MoreCompany Chatter: BRG, KGN, TRS
Poor market sentiment in Tuesday’s ASX session had a say in how the latest profit results from appliance maker Breville, e-tailer Kogan and discount chain The Reject Shop were received.
Read MoreKogan, Ramsay Underwhelm as Costs Bite
Two updates on Friday from unrelated sectors linked by a common theme as higher costs saw lower profits from online retailer Kogan and private hospital operator Ramsay Health Care.
Read MoreKogan.Comes Up Short Again in December Half
Shares in online retailer Kogan.com fell more than 12% to $6.15 on Thursday after another weak trading update and soft early figures on earnings for the December half.
The shares
Read MoreKGN – UBS rates the stock as Neutral
Neutral rating and $10 target price retained.
Read MoreShort-Term Pain, Long-Term Gain in Store for Kogan
Shares in online retailer Kogan slid more than 4% yesterday after the company took a strike on its remuneration report for a second year, ending Thursday’s trading near the session low of $8.45.
Read MoreKogan Shares Jump on Overstock Relief
Online retailer Kogan seems to have used some old-fashioned bricks and mortar retailing skills to slash the size of its stocks of unsold goods.
Read MoreProfit Briefs: SCG, KGN
As the reporting season winds down, here are snippets from the results announced yesterday by shopping mall owner-operator Scentre Group and online retailer Kogan.com.
Read MoreReporting Snippets: OSH, KGN
A quick peek at the profit reports released this morning by Oil Search and Kogan.
Read MoreAll (For Now) Is Forgiven, Market Tells Kogan
Investors seem to have forgiven Kogan, sending the shares up by nearly 15% – a very different experience from Friday’s sell-off that saw them plunge after a profit downgrade.
Read MoreKogan Another Puncture in the Tech Balloon
Kogan.com, one of the tech sector’s leaders, sharply downgraded June 30 earnings forecasts on Friday because of a slew of problems that have worsened as the year has gone on.
Read MoreResumption of Normal Life No Boon for Kogan
Shares in e-commerce firm Kogan.com were crunched on Friday as it joined the growing number of companies reporting weak or weakening sales and earnings figures for the March quarter.
Read MoreKogan Goes Well, Now for the Real Test
It was always accepted that online retailer Kogan was doing well in the pandemic – its numerous updates in 2020 told us so, but the interim results for 2020-21 tell us the boom has continued.
Read More“Not Genuine”: Kogan Investors Shrug-Off ACCC Hit
Investors in online retailer, Kogan ignored an embarrassing $350,000 penalty from the Federal Court on Monday and pushed up the share price by 3.8% to $18.04.
Read MoreKogan Heads Across The Ditch With Might Ape Acquisition
Online retailer Kogan has paid $122 million for a New Zealand based gaming and technology-focused website called Mighty Ape. It’s Kogan’s second deal this year and much larger than the $4.4 million it paid for the retailer, Matt Blatt in May.
Read MoreNo Stopping Kogan’s “Retail Revolution” As August Sales Jump 446%
August was another big month for online retailer Kogan. The company yesterday told the ASX that thanks to the continuing COVID_19 related lockdowns in Victoria) and restrictions elsewhere, it enjoyed another consecutive month of growth last month.
Read MoreKGN – Credit Suisse rates the stock as Neutral
FY20 results were in line with guidance provided in July. Credit Suisse believes, while sales growth is likely to be sustained by household income support, there is less certainty with respect to consumer expenditure after the JobKeeper payments step down in September.
Read MoreKogan Rides “Retail Revolution” To Record Result
Online retailer Kogan was yet another to confirm changed guidance for the year to June – this time on the upside (compared with the downgrades for BlueScope and loss for Lendlease).
Read MoreNews Shorts: Kogan Flying, Qantas SPP Falls Flat, Sigma Slims Down
Another solid update from e-tailer Kogan, Qantas investors have given the airline the biggest thumbs down imaginable in rejecting help the company boost its liquidity while Sigma Healthcare has sold and leased back two of its Distribution Centres (DC’s) for $172 million, half the number of centres in the original deal.
Read MoreSuper Retail Raising Struggles While Investors Stampede Kogan
Yesterday we saw two conflicting outcomes from retail issues – Super Retail Group attracted support from around two-thirds of its retail shareholders while online retailer, Kogan.com had to increase the size of its issue after being knocked down in the rush.
Read MoreKogan Taps Investors To Turbo Charge Growth
Online retailer Kogan wants $115 million in new capital to continue to pick up growth options – inside and outside its rapidly growing business.
Read MoreKGN – Credit Suisse rates the stock as Neutral
The company sustained another strong month of sales and earnings growth in May. This stems from consumers switching to online and increased marketing expenditure.
Read MoreKGN – UBS rates the stock as Neutral
While the acquisition of Matt Blatt and the acceleration in online penetration is supportive, UBS remains cautious. As stores re-open and competitive offerings emerge the broker expects the benefits for online business from the pandemic will partially reverse.
Read MoreNearmap Navigates Virus, Premier Delays Reopening, Kogan Booms
Restaurant Brands has warned investors of a “significant decline”, online retailer Kogan has reported a huge jump in sales, Premier Investments yesterday confirmed that it has delayed re-opening some of its Australian chains while Nearmap has confirmed full-year guidance and reckons it is largely unaffected by the COVID-19 lockdown.
Read MoreInvestors Unplug Kogan On Earnings Miss
Shares in online electronics retailer Kogan plunged 22% on Monday after a trading update fell short of market forecasts.
Read MoreHigh 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 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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