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Anyone managed to get shares in the IPO? I missed out!!!
Edit: ASX:KGN
KOGAN IPO
oldrocker on 08/07/2016 - 11:20
Last edited 08/07/2016 - 13:26 by 1 other user
Last edited 08/07/2016 - 13:26 by 1 other user
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Anyone managed to get shares in the IPO? I missed out!!!
Missed out on what? IPO buyers are less likely to make money than someone who buys the same share on a secondary market.
Who knows, maybe this is because fools drive the price up by assuming having something first makes it better?
yeah youre right! didnt miss out after all
they are trying to get stag profit. But this doesn't always happen.
I thought theyre doing very well? Many fans here?
Lol no.
I am often the only post defending Kogan in a deal and I think they offer poor service and are often overpriced.Prices will be worse when they have to charge GST.
Prices will be worse when they have to charge GST.
kogan already include gst for items shipped from oz.
I think they closed 20% lower than their IPO price, so you can still buy stock if you want to. :/
IPO price was $1.80 and on 2nd day of trading, they open at $1.50 today. Not quite 20% off but still pretty bad. Won't say it's a good deal at the current price though.
yeah buy now if you prepare to loose $
So missed out on losing money because price is down.
You sound very intelligent.
Wafer thin profit margins on current revenue and the Feds are getting ready to whack GST on imports under $1000. What is the attraction for buying Kogan shares, am I missing something?
the Feds are getting ready to whack GST on imports under $1000.
gstscare.
It's already been passed and comes into effect on July 2017. How they plan to implement the system without it costing more to run than they collect is another story altogether.
http://www.gizmodo.com.au/2015/08/all-goods-bought-overseas-…
http://www.budget.gov.au/2016-17/content/bp2/html/bp2_revenu…
HAHAHAHAHA K/BOGAN
being a shareholder allows you to complain at their AGM
Yup, can complain about losing on their shares? LOL!
The Good Guys are a much more attractive IPO
KOGAN will be another Dick Smith based on their reputation. You are lucky that you missed out.