Kogan share price plunges as options grant is passed. In this FREE STOCK REPORT, Scott Phillips just revealed what he believes are the 3 ASX stocks for the post COVID world that investors should buy right now while they still can. Investment news, stock ideas, and more, straight to your inbox. The Kogan share … The shares settled at A$20.660 with an increase of 9.835% compared to the previous close. Kogan.com shares have hit a six-month high after the company reported it was launching two new lines of business and its active customers were up 23 per cent. Win at Retirement I find that Kogan.com’s ratio of 74.58x is above its peer average of 31.13x, which suggests the stock is trading at a higher price compared to the Online Retail industry. Kogan.com (KGN) is an Australian ecommerce company with a portfolio of retail and service businesses which offers products from leading brands across a wide range of categories including consumer electronics, appliances, homewares, hardware, toys, and many more. However, it is worth noting that a total of 43.74% votes were against the remuneration, constituting a sizeable protest vote well above the 25% threshold required to hand a first strike for the board. Australian publicly-listed online … During three years of share price growth, Kogan.com achieved compound earnings per share growth of 212% per year. It looks like good news is on its way for KGN’s CEO! Kogan just announced the acquisition of New Zealand online retailer Mighty Ape. .fool-ecap.fool-ecap-id-19.fool-ecap-type-vanilla {background: #fff7c4;} aside section .fool-ecap-id-19.fool-ecap-type-vanilla h3 {font-size: 1.6em;} p.ecap-disclaimer {font-size: 0.6em!important;}div.fool-ecap.fool-ecap-id-19 form {position: relative;text-align: center;margin: .2em 1em;}.fool-ecap.fool-ecap-id-19 p.ecap-disclaimer {margin-left: 0px;} .fool-ecap.fool-ecap-id-19 p.above-email{ margin-bottom: 0px;text-align:center;} div.fool-ecap.fool-ecap-id-19 p {color: #464646;}.fool-ecap-type-vanilla.fool-ecap-id-19 h3 {color: #404040;display: block !important;}.fool-ecap-type-vanilla.fool-ecap-id-19 .ecap-disclaimer{color: #484848 !important;}.fool-ecap-id-19.fool-ecap-type-vanilla h3.title{display:none !important;} .fool-ecap.fool-ecap-id-19.fool-ecap-type-vanilla{ margin-bottom: 10px;}.fool-ecap-type-vanilla.fool-ecap-id-19 input[type="submit"] { margin: .5rem 0 .5rem !important;}.fool-ecap.fool-ecap-id-19 img {display: inline;}. Kogan.com shares have continued recent momentum with a 36% gain in the last month alone. His most recent stint was in Bali where he spent time flipping burgers for his own burger venture. Kogan.com KGN - Kogan.com Share News. Our Top 5 Stocks for Investors 50 or Older – NOW AVAILABLE! Given that Kogan.com’s share is fairly volatile (i.e. … Kogan.com KGN - Kogan.com Reuters News. Kogan shares dip despite record half. Today; Browse; Screens; Folios; Discuss; Learn; Browse Shares Consumer Cyclicals Diversified Retail. Stable Share Price: KGN is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 8% a week. A corporate tussle is brewing at e-commerce retailer Kogan.com Ltd (ASX: KGN) over proposed share options to be granted to its senior executives. The compensation was challenged by Australia’s biggest proxy advisers who said the options grants are “overly generous”, and encouraged shareholders to vote down the proposal. 12 Stocks To Buy in 2020 (Including 2 Every Investor Should Own), Everything You Need to Know About Tech Investing, The Beginner’s Guide to Investing in Gold. Kogan.Com offers a variety of products and services including Kogan Retail, Kogan Marketplace, Kogan Mobile, Kogan Internet, Kogan Insurance and Kogan Travel. Now back in Sydney, he realised that his passion still lies in the markets and teaching people about it – and considers writing as the perfect way to teach. When investing expert Scott Phillips has a stock tip, it can pay to listen. If you like the stock, you may want to keep an eye out for a potential price decline in the future. Share Price & News. According to the AGM release, 56.35% of votes were in favour of granting options to Mr Kogan and 56.3% of votes were in favour of granting options to Mr Shafer. By Business News Australia. While Kogan shares are trading at a 22% discount from where they were just a month ago, I still question whether this represents good value given the broader macroeconomic outlook in discretionary spending. Kogan, Latest News The shareholders of online retailer Kogan.com have voted to approve a controversial $110 million bonus share grant to the company’s founder Ruslan Kogan and CFO David Shafer. He spent a big part of his life in Tokyo and London working for various investment banks and learning hands-on about what makes the financial markets tick. Eddy has been a Motley Fool contributor since late 2020. Breaking News, Kogan, Latest News. We will use your email address only to keep you informed about updates to our website and about other products and services we think might interest you. If it receives a second strike next year, the Kogan board could be voted out of office. These stocks are trading at dirt-cheap prices and Scott thinks they are great buys right now. Past performance is not necessarily indicative of future returns. You can do it. In the last six months, the share price of Kogan.com has gone up by ~282%. © Stockopedia 2020, Refinitiv, Share Data Services. At current share … On 10 August 2020, the Company released its business update for July 2020, post which the shares zoomed up on ASX. Kogan.com Ltd (ASX: KGN) shares are falling lower today after the company announced it has issued 6 million retention options worth $98.4 million to its two top executives. The Motley Fool has a disclosure policy. A$17.38 Is the Kogan.com Ltd share price a buy after holding its annual general meeting (AGM) and revealing that its profit was up 270% in the year to date of FY21?. Critics swooped on fast growing e-commerce company Kogan (ASX: KGN) in the lead up to its AGM, as a result of a controversial options scheme.. Each company boasts strong growth prospects over the next 3 to 5 years, and most importantly each pays a generous (and fully franked) dividend! Investors could bet on a continuation of the underlying trend. The news comes amidst a bunfight at Kogan over controversial remuneration packages for CEO Ruslan Kogan and CFO David Shafer. Kogan shares currently trade around $18, however, the deal was originally struck in May when shares were closer to $8. Investors have been rotating out of COVID-winners and into shares which have underperformed during the … By clicking this button, you agree to our Terms of Service and Privacy Policy. The Kogan board had been proposing to grant 3.6 million share options to chief executive, Ruslan Kogan, and 2.4 million share options to his chief financial officer, David Shafer. KGN share price chart Source: Rask Media 1-year KGN share price chart A quick recap of Kogan’s COVID-19 tailwind. The Motley Fool Australia does not guarantee the performance of, or returns on any investment. The company commands a market capitalisation of $1.7 billion. Privacy Policy | Julia Talevski (ARN) 03 December, 2020 10:07. share; print email Comments. The Kogan share price has been hit by a double whammy recently. Eddy Sunarto has no position in any of the stocks mentioned. Harvey Norman, Kogan, Latest News Harvey Norman shares have surged by 5.2% after the department store giant reported its stellar results in yesterday’s Annual General Meeting. HotCopper has news, discussion, prices and market data on KOGAN.COM LTD. Join the HotCopper ASX share market forum today for free. Price. Scott just revealed what he believes are the five best ASX stocks for investors to buy right now. Please remember that investments can go up and down. A$20.42 -0.4 -1.8% Last Trade - 2:10am. Movement. Kogan, like other technology-based retailers, has had a fantastic year after the pandemic shifted more people’s buying habits to online. … Subscription Terms of Service, ACN: 146 988 052 | Australian Financial Services Licence (AFSL): 400691, The Motley Fool Australia, PO Box 4635, Ashmore, Qld 4214. So if you’re looking to get your finances on track and you’re in or near retirement – we’ve got you covered! Latest Share Price and Events. Kogan.com takes on New Zealand with A$122M Mighty Ape purchase Kogan.com takes on New Zealand with A$122M Mighty Ape purchase. You can unsubscribe at anytime. Mighty Ape employs around 160 staff and has a purpose-built distribution centre just outside of Auckland. Learn about investing with our Investing Education hub. Shares in Kogan.com Ltd do not show any sign of a slowdown in the ascending dynamic. Kogan.com Ltd. This follows shareholders’ approval of the grant on 20 November. Terms of Service | If you like the stock, you may want to keep an eye out for a potential price decline in the future. In three months, the shares have delivered growth of ~120%. Join our flagship membership service, Share Advisor. Today; Browse; Screens; Folios; Discuss; Learn; Browse Shares Consumer Cyclicals Diversified Retail. Sector Consumer Cyclicals RiskRating. By AAP. The Kogan.com Ltd () share price surged yesterday after the e-commerce retailer announced it had acquired NZ-based online retailer Mighty Ape. The Motley Fool Australia's parent company Motley Fool Holdings Inc. owns shares of Kogan.com ltd. Mr Ruslan Kogan, CEO KGN is set to sail in a boat of successful business, thriving amid coronavirus, with shares trading at AU$ 13.29, up by 1.065 % (at AEST 1:09 PM), as on 15 June 2020. Particularly, we will be paying attention to Kogan.com's ROE today. At the time of writing, the Kogan share price has fallen 1.22% to $16.21. Sector Consumer Cyclicals RiskRating. Authorised by Scott Phillips. Find the investing style that's right for you. After all, the flagship Motley Fool Share Advisor newsletter he has run for more than eight years has provided thousands of paying members with stock picks that have doubled, tripled or even more.*. Ruslan Kogan (Kogan) Credit: Kogan . Please refer to our Financial Services Guide (FSG) for more information. Volatility Over Time: KGN's weekly volatility (8%) has been stable over the past year. The post Kogan (ASX:KGN) share price storms higher on $122m Mighty Ape acquisition appeared first on Motley Fool Australia. Kogan.com has bought out major New Zealand retail site Mighty Ape for $122.4 million AUD cash, in an effort … Read detailed company information including current share prices, financial summary, directors, announcements, dividends & news. Kogan.com Ltd (KGN) Overview. For a limited time, The Motley Fool Australia is giving away an urgent new investment report outlining our 5 favourite stocks for investors over 50. A$19.92 0.3 1.5% Last Trade - 6:10am. Join Our Premium Community The Kogan share price has crashed 10% lower to $21.48. View today’s KGN share price, options, bonds, hybrids and warrants. Kogan.com also owns and operates a suite of exclusive private label brands. The options were issued at an exercise price of $5.29 per share. This article contains general investment advice only (under AFSL 400691). On a year-to-date basis, the Kogan share price has gained 117%. | December 4, 2020 How has Kogan.com's share price performed over time and what events caused price changes? The board said the share options are meant to be an incentive for the two executives to stay at the company for the next three years. Given the company's impressive performance, we decided to study its financial indicators more closely as a company's financial health over the long-term usually dictates market outcomes. Listen to Our Podcast View the latest share news for KOGAN.COM and ASX:KGN RNS announcements, along with all the share chat by members of the Stockopedia community. I find that Kogan.com’s ratio of 77.06x is above its peer average of 31.75x, which suggests the stock is trading at a higher price compared to the Online Retail industry. This EPS growth is higher than the 67% average annual increase in the share price. The Kogan Ltd (ASX:KGN) share price is up 3.66% to trade at $16.70 at the time of writing. Despite the recent jump, Kogan shares are still languishing at around a 30% discount to where they were a little over a month ago. Kogan.com Ltd (ASX: KGN) Share Price and News. Login Get Started. All else being equal, a sharp share price increase should make a stock less attractive to potential investors. © 2009 - 2020 The Motley Fool Australia Pty Ltd. All rights reserved. Get Started Investing The Kogan share price is now more than three times that value, however the deal was originally struck in May when the share price was close to $8. And the full year gain of 42% isn't too shabby, either! Options are a type of derivative, giving holders the right but not the obligation to buy the underlying shares at a pre-determined ‘exercise price’. The Motley Fool Australia operates under AFSL 400691. For more information please see our Financial Services Guide. View the latest share news for KOGAN.COM and ASX:KGN RNS announcements, along with all the share chat by members of the Stockopedia community. This Service provides only general, and not personalised financial advice, and has not taken your personal circumstances into account. ASX 200   |   A     B     C     D     E     F     G     H     I     J     L     M     N     O     P     Q     R     S     T     U     V     W     X. Financial Services Guide | View announcements, advanced pricing charts, trading status, fundamentals, dividend information, peer … The Kogan share price started the year at $7.47 before slumping to $3.79 at the height of market panic in March. What is Kogan.com? Sign Up for Take Stock … The Motley Fool Australia » Share Market News » Kogan (ASX:KGN) share price falls on option grants to top execs, Eddy Sunarto | December 1, 2020 12:52pm | More on: KGN. At the company’s annual general meeting (AGM) on 20 November however, shareholders voted in favour of the options grant. The Motley Fool Australia has recommended Kogan.com ltd. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. Most relevant news about KOGAN.COM LTD: 08/12: KOGAN.COM LTD: annual earnings release: 2017: Kogan.com Ltd Half Year to 31 Dec 2016 Media Release 20 January 2020 E-commerce giant Kogan (ASX: KGN) recorded its highest ever gross sales and gross profit in the first half of FY20, bolstered by record trading results on Black Friday and Boxing Day. The Complete Guide to Planning For Your Retirement, Setting up an SMSF: 10 Things You Need to Know Before Starting, 3 easy steps to building your ASX share portfolio for an early retirement, 4 tips on how to pick winning stocks for your retirement share portfolio, This is the best asset to own to start saving for your early retirement, Commonwealth Bank of Australia (ASX: CBA), Flight Centre Travel Group Ltd (ASX: FLT), Vanguard Australian Shares Index (ASX: VAS), shareholders voted in favour of the options grant, Why the Allegra (ASX:AMT) share price rocketed up 137% today, Creso Pharma (ASX:CPH) share price up 8% today, 200% in a week, REX Airlines (ASX:REX) share price rockets up 13%, smashing 52-week high. Our latest articles and strategies for the post-work life you want. BUZZ-Australia's Kogan.com jumps most in over 2-1/2 months on Mighty Ape buy, Australia Stock Exchange release from KOGAN.COM LTD : PRE_NR Ends: 09:16:37, Australia Stock Exchange release from KOGAN.COM LTD : Kogan.com Acquires Mighty Ape - Presentation, Australia Stock Exchange release from KOGAN.COM LTD : PRE_NR Ends: 09:14:07, Australia Stock Exchange release from KOGAN.COM LTD : Kogan.com Acquires Mighty Ape, Australia Stock Exchange release from KOGAN.COM LTD : Change of Director's Interest Notice - RK, Australia Stock Exchange release from KOGAN.COM LTD : Change of Director's Interest Notice - DS, Australia Stock Exchange release from KOGAN.COM LTD : Appendix 3G, BUZZ-Beam Communications: Partners with Catch Group to sell satcom device online, shares up, Australia Stock Exchange release from KOGAN.COM LTD : Results of Annual General Meeting, Australia Stock Exchange release from KOGAN.COM LTD : 2020 AGM Presentation, Australia Stock Exchange release from KOGAN.COM LTD : 2020 AGM Chairman's & CEO's Addresses, BUZZ-Australia's Openpay jumps on merchant, channel tie-ups; Oct active users up 143%, BUZZ-Australian buy-now-pay-later firms fall after regulator report on industry, Australia Stock Exchange release from KOGAN.COM LTD : OPY: November Update and New Partnerships, Australia Stock Exchange release from KOGAN.COM LTD : PRE_NR Ends: 08:57:31, Australia Stock Exchange release from KOGAN.COM LTD : BCC: Beam Partners with Kogan to Sell ZOLEO, Australia Stock Exchange release from KOGAN.COM LTD : Change in substantial holding. Kogan.com's (ASX:KGN) stock is up by a considerable 10% over the past week. Hear our experts take on shares, the market & how to invest. The latest Kogan.com Ltd [KGN] news, articles, data and analysis from The Australian Financial Review msn back to msn home money powered by Microsoft News Kogan.com Ltd (ASX: KGN) shares are falling lower today after the company announced it has issued 6 million retention options worth $98.4 million to its two top executives. The Kogan.com share price is up this morning after announcing an acquisition.. Kogan.com is an online business that was set up by Ruslan Kogan in 2006 in his parent’s garage. Login Get Started. 0.0  0.2%. Has not taken your personal circumstances into account an increase of 9.835 % compared to previous... At $ 7.47 before slumping to $ 8 © 2009 - 2020 the Motley Fool Holdings Inc. shares. Equal, a sharp share price the market & how to invest price growth, Kogan.com achieved compound per! 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Australia 's parent company Motley Fool Australia Pty Ltd. all rights reserved membership Service, share Advisor AGM ) 20! Are great buys right now parent company Motley Fool contributor since late.! Financial Services Guide ( ) share price has been hit by a double whammy recently share! Stock ideas, and not personalised financial advice, and more, straight to your inbox the acquisition of Zealand. First on Motley Fool Australia does not guarantee the performance of, or returns on any investment price fallen.