Registered Members Login:
   
Forgotten Your Details? Click Here To Recover +
Welcome To The ShareCafe Community - Talk Shares And Take Stock With Smart Investors - New Here? Click To Register >

3 Pages (Click to Jump) V   1 2 3 >   
 
  
Reply to this topic

KGN, KOGAN.COM LIMITED
blacksheep
post Posted: Aug 24 2019, 11:29 AM
  Quote Post


Posts: 6,791
Thanks: 2305


In Reply To: blacksheep's post @ Aug 23 2019, 11:40 AM

OPINION - Elizabeth Knight
Insider selling: When executives sell shares, they better have a good reason
QUOTE
There is really no successful way to spin the news that a company's senior executives or directors have sold some of their shares.

Take Kogan - whose founder Ruslan Kogan, chief operating officer David Shafer and non executive director, Harry Debney all announced they had cashed in some company stock this week.


https://www.theage.com.au/business/companie...823-p52k4z.html



--------------------
The herd instinct among forecasters makes sheep look like independent thinkers. Edgar Fiedler

If the freedom of speech is taken away then dumb and silent we may be led, like sheep to the slaughter. George Washington
 
blacksheep
post Posted: Aug 23 2019, 11:40 AM
  Quote Post


Posts: 6,791
Thanks: 2305


Not the first time I've read a similar comment given for a sell down - guess they can't use the old "I've got a big tax bill" toofrequently
23 August 2019
QUOTE
Sale of shares in entities associated with Directors
Kogan.com Limited (ASX: KGN, the Company) confirms the sale of approximately 5.2 million
shares in the Company by entities associated with Mr Ruslan Kogan and Mr David Shafer,
reflecting approximately 5.6% of the shares on issue, and a minor portion of their shareholdings.
Both Ruslan and David have advised they have no intention to sell any further securities prior to
the release of the FY20 financial results.

Kogan.com Chairman, Greg Ridder, noted the interest from existing shareowners to increase their
ownership levels in the Company by requesting a share sale from the executive directors -

“Existing shareowners, who are impressed by the performance of key initiatives in the business,
asked Ruslan and David to provide them an opportunity to increase their ownership levels in the
Company.
Ruslan and David have taken the opportunity to diversify a portion of their investments,
which most financial advisers would recommend doing over time. They retain very high ownership
interests in the Company, and they continue to love the work they do every day in building the
business, and in working with some of the brightest minds in Australian e-commerce.”

Mr Kogan and Mr Shafer remain fully committed to the business and their shareholdings in the
Company, which are among the highest ownership levels in the market, reflect a major proportion
of their investments.


Notable short alert Wednesday - total short positions as at 16/8/19 = 9.04%
QUOTE
Wed 21st Aug, 2019 515,588 93,959,212 0.54% 2,789,924 18.48%

https://www.shortman.com.au/stock?q=kgn
Attached thumbnail(s)
Attached Image


 




--------------------
The herd instinct among forecasters makes sheep look like independent thinkers. Edgar Fiedler

If the freedom of speech is taken away then dumb and silent we may be led, like sheep to the slaughter. George Washington
 
blacksheep
post Posted: Nov 7 2018, 06:21 PM
  Quote Post


Posts: 6,791
Thanks: 2305


Mercer and Kogan.com announce innovative partnership to launch Kogan Super - No Frills Super

QUOTE
“In an industry where scale and cost efficiencies count, this new alliance will enable
Kogan to create value at scale through their trusted online brand and huge
customer base.”


Under the agreement, Kogan.com will provide branding and marketing services,
and Mercer will provide investment management, administration and customer
service.


I think some of the "trust" has left this brand - particularly shareholder trust.

All sounds a little corny to me - particularly bringing up Albert Einstein rolleyes.gif

QUOTE
“Albert Einstein once said that ‘compound interest is the eighth wonder of the world. He who understands it, earns it. He who doesn’t, pays it’.


Market wasn't too impressed by looks of things - SP end the day down 3.52% @ $2.74. Short positions at 1st November, 2018 = 3.53%
https://www.shortman.com.au/stock?q=kgn
Attached thumbnail(s)
Attached Image


 




--------------------
The herd instinct among forecasters makes sheep look like independent thinkers. Edgar Fiedler

If the freedom of speech is taken away then dumb and silent we may be led, like sheep to the slaughter. George Washington
 
blacksheep
post Posted: Oct 30 2018, 11:45 AM
  Quote Post


Posts: 6,791
Thanks: 2305


In Reply To: blacksheep's post @ Oct 29 2018, 02:20 PM

Notable short alert yesterday
QUOTE
Mon 29th Oct, 2018 2,114,854 93,708,139 2.25% 5,919,180 35.73%

https://www.shortman.com.au/stock?q=KGN

SP currently $3.02 - down 2.89%
Attached thumbnail(s)
Attached Image


 




--------------------
The herd instinct among forecasters makes sheep look like independent thinkers. Edgar Fiedler

If the freedom of speech is taken away then dumb and silent we may be led, like sheep to the slaughter. George Washington
 
blacksheep
post Posted: Oct 29 2018, 02:20 PM
  Quote Post


Posts: 6,791
Thanks: 2305


In Reply To: blacksheep's post @ Aug 16 2018, 12:38 PM

SP getting hammered today - down 35.56% currently @ $2.99.

Industry Super Holdings, and their members, will be chuffed - having paid between $6 - $5 recently (15/8/18 - 12/10/18)

Short positions @ 23 October 2018 = 2.25%
https://www.shortman.com.au/stock?q=kgn


Attached thumbnail(s)
Attached Image



 




--------------------
The herd instinct among forecasters makes sheep look like independent thinkers. Edgar Fiedler

If the freedom of speech is taken away then dumb and silent we may be led, like sheep to the slaughter. George Washington
 
blacksheep
post Posted: Aug 16 2018, 12:38 PM
  Quote Post


Posts: 6,791
Thanks: 2305


In Reply To: blacksheep's post @ Jul 31 2018, 01:24 PM

Making a come back - SP currently $6.26. KGN due to announce FY18 results tomorrow - could be marketing expecting good news
https://www.shortman.com.au/stock?q=kgn
Attached thumbnail(s)
Attached Image


 




--------------------
The herd instinct among forecasters makes sheep look like independent thinkers. Edgar Fiedler

If the freedom of speech is taken away then dumb and silent we may be led, like sheep to the slaughter. George Washington
 

sentifi.com

Share Cafe Sentifi Top themes and market attention on:


blacksheep
post Posted: Jul 31 2018, 01:24 PM
  Quote Post


Posts: 6,791
Thanks: 2305


In Reply To: blacksheep's post @ Jul 25 2018, 12:53 PM

QUOTE
30 July 2018
Voluntary Escrow Shares to be released

Pursuant to ASX Listing Rule 3.10A Kogan.com Limited (the Company) advises that
32,448,956 fully paid ordinary shares (Shares) voluntarily escrowed from 7 July 2016 by
entities associated with Ruslan Kogan and David Shafer will be released from escrow on 20
August 2018
being the first trading day after the announcement of the audited financial
results for financial year ending 30 June 2018. This being the date when the restriction period
applicable to these Shares expires.

These Shares are already quoted on the ASX.


Just in time for another director sell down?

From their previous sell down ann
QUOTE
Other than the trade outlined above, Mr Kogan and Mr Shafer will not be dealing in securities prior to September 2018.


SP down another 6.47% currently - @ $4.77
https://www.shortman.com.au/stock?q=kgn
Attached thumbnail(s)
Attached Image


 




--------------------
The herd instinct among forecasters makes sheep look like independent thinkers. Edgar Fiedler

If the freedom of speech is taken away then dumb and silent we may be led, like sheep to the slaughter. George Washington
 
blacksheep
post Posted: Jul 25 2018, 12:53 PM
  Quote Post


Posts: 6,791
Thanks: 2305


In Reply To: Mags's post @ Jul 25 2018, 09:03 AM

Yes - the ones who flaunt their wealth and "toys" - flash cars, flash houses, flash women - are usually the ones who warrant further investigation

How lucky were the directors to sell - I mean "reluctantly accept a bid" - @ $7.00 - of course they wouldn't have been aware of these figures at the time, lol lmaosmiley.gif

Had to laugh - appears Canaccord Genuity has lowered their price target from $10.70 to $8.60 after the Quarterly update - shows how useless these targets are. Canaccord, along with Macquarie and UBS, were the ones testing the waters for the director stake sale back in June when the SP was $9.80.

These boys have lost the market trust well and truly - SP currently $5.32, down another 9%.

Notable short alert reported yesterday

QUOTE
Tue 24th Jul, 2018 1,079,759 93,708,139 1.15% 3,538,085 30.52%

https://www.shortman.com.au/stock?q=KGN




Attached thumbnail(s)
Attached Image


 




--------------------
The herd instinct among forecasters makes sheep look like independent thinkers. Edgar Fiedler

If the freedom of speech is taken away then dumb and silent we may be led, like sheep to the slaughter. George Washington

Said 'Thanks' for this post: Mags  
 
Mags
post Posted: Jul 25 2018, 09:03 AM
  Quote Post


Posts: 400
Thanks: 182


Nice catch....

I'm always whinging how hard it is in small business to make any meaningful profit. Most people assume you lie. A mate of mine has just become manager of one of my main suppliers...... Turns out I'm one of his only customers with an upto date, paid up account. Most of my competitors are months behind... Yet they drive the fancy cars, fancy shop fronts etc.....

Not paying your suppliers makes your cash flow look great. Right?


Said 'Thanks' for this post: blacksheep  
 
blacksheep
post Posted: Jul 24 2018, 11:36 AM
  Quote Post


Posts: 6,791
Thanks: 2305


In Reply To: blacksheep's post @ Jul 24 2018, 11:06 AM

today in bullsh*t analyses the Kogan Quarterly
http://taxlosstrades.tumblr.com/post/17621...kogan-quarterly



--------------------
The herd instinct among forecasters makes sheep look like independent thinkers. Edgar Fiedler

If the freedom of speech is taken away then dumb and silent we may be led, like sheep to the slaughter. George Washington

Said 'Thanks' for this post: Mags  
 
 


3 Pages (Click to Jump) V   1 2 3 >

Back To Top Of Page
Reply to this topic


You agree through the use of ShareCafe, that you understand and accept the TERMS OF USE.


TERMS OF USE  -  CONTACT ADMIN  -  ADVERTISING