KGN 1.73% $4.54 kogan.com ltd

They still have some cash we have to admit and where does that...

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    They still have some cash we have to admit and where does that cash come from? There should be more coming over the next quarter and their buy back might decline a bit it can't go on forever, and there is the dividend payment coming due at the end of the month. It all could improve but the management is very greedy and grasping and I can't see those stripes changing any time soon. They are nowhere near bankruptcy, the biz is not endangered but could be doing a lot better with more nutrition so to speak from the management and less being pumped out of it stymying the growth potential and profits Ruslan keeps hyping about but its less about profit and more about profiteering and siphoning it off to themselves the greed crazed vampires
    Last edited by VMG70: 11/05/24
 
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