Jumbo Interactive – Lottery tickets for millenials (JIN)

Jumbo has been on my radar for a long time, but I’d been leery about their business.  Since the FY16 numbers were released, the share price has zoomed from $1.60 to $2.90, and I’m ashamed to say my decision to buy around the $2.80 level was driven by the FY16 numbers, so I was slow … More Jumbo Interactive – Lottery tickets for millenials (JIN)

Kogan – Delivering well ahead of forecast (KGN)

Kogan released their FY17 numbers on Friday, and the market was delighted with the result – share price shot up nearly 9% to close at $2.61.  I wasn’t actually that surprised at the numbers, seeing as the revenue beat was in line with the HY17 result – information that was freely available to everyone back … More Kogan – Delivering well ahead of forecast (KGN)

Kogan – Durable Competitive Advantage (KGN)

Kogan.com is a unique Australian business.  Founded by Ruslan Kogan in his parents garage in 2006, Kogan is now a publicly-listed sales analytics machine, which may not be immediately obvious until you examine the attitude of the owners.   Someone who doesn’t see KGN’s potential might think it just undercuts the retail on grey-market Apple products … More Kogan – Durable Competitive Advantage (KGN)

Update

It’s been almost 18 months since my last post.  A lot has happened since then, so here’s the portfolio at a high level: Sold all my shares except for AVJ (still grossly undervalued) Set up a SMSF which is now my main investment vehicle Over the last 3 months I have bought shares in the … More Update