KOGAN.COM ORD
Blackmores greenlights $1.8b Kirin takeover, Kogan remains profitable as sales soften and Megaport reveals higher EBITDA guidance
Shares in Australia’s largest health supplement group Blackmores (ASX: BKL) surged this week after it revealed Japan’s Kirin had made a $1.8 billion offer. Blackmore’s board and major shareholder Marcus Blackmore have given the acquisition the green-light. Mr Blackmore had an 18% stake in the company his father founded, and sold his holding to Kirin […]
ASX-listed online retailers were not all created equal
Ongoing lockdowns as a result of the global pandemic may be a boon to online commerce, but don’t presume the unprecedented tide of spending on the part of captive shoppers has lifted all of the ASX-listed ‘boats’. In reality, performance has been varied and it remains to be seen how the sector fares in the […]
Shares that could make for handy EOFY tax losses
In keeping with the pre-30 June end of financial year (EOFY) vibe, this week your columnist opines on a few well-known underperformers that arguably are worthy of being sacrificed on the altar of the fiscal fiend. In other words: they’re unlikely to recover in a hurry and their best use is as a tax loss. […]
Splitit payment platform to go live on Kogan.com in ‘coming days’
Afterpay rival Splitit (ASX: SPT) has unveiled its first deal with a major Australian retailer, agreeing to provide its instalment payment service to online customers of Kogan.com (ASX: KGN). The Buy Now Pay Later (BNPL) business today told the market its platform is expected to go live on the Kogan.com website in the “coming days”. […]
