Are Kogan shares now a ‘hot deal’?
Online retailer, Kogan.com (ASX:KGN), advertises thousands of ‘hot deals’ on its website. With its share price plunging in recent months, many investors could be wondering: is KGN also going cheap? We’re about to find out.
Roger Montgomery is the Founder and Chairman of Montgomery Investment Management. Roger has over three decades of experience in funds management and related activities, including equities analysis, equity and derivatives strategy, trading and stockbroking. Prior to establishing Montgomery, Roger held positions at Ord Minnett Jardine Fleming, BT (Australia) Limited and Merrill Lynch.
This post was contributed by a representative of Montgomery Investment Management Pty Limited (AFSL No. 354564). The principal purpose of this post is to provide factual information and not provide financial product advice. Additionally, the information provided is not intended to provide any recommendation or opinion about any financial product. Any commentary and statements of opinion however may contain general advice only that is prepared without taking into account your personal objectives, financial circumstances or needs. Because of this, before acting on any of the information provided, you should always consider its appropriateness in light of your personal objectives, financial circumstances and needs and should consider seeking independent advice from a financial advisor if necessary before making any decisions. This post specifically excludes personal advice.
Peter Vassiliou
:
I can tell you I love Kogan products. All my family and friends are using Kogan phone plans and just signed up for their Health Insurance, reminds me of Afterpay in March when everyone was posting it was too expensive. Momentum is your friend until it is not.
Roger Montgomery
:
Peter, is momentum currently the friend of those that purchased above $9.00 when momentum was strong?