Kogan Rockets But Advisors Bet Against The Online Retailer
/
April 24, 2019
//0 Comment
Yesterday Kogan was one of the best performers on the Australian share market now they are facing new competition from Macquarie in... Read More
COMMENT:Retailers Need To Change Direction After First Round Of Collapses
2nds World and RT Edwards have called in the administrators and Radio Rentals has simply shut up shop, at the same time... Read More
BREAKING NEWS: Radio Rentals SA Shuts Up Shop
Days After 2nds World called in the administrators Radio Rentals has decided to shut up shop. The South Australian Company plans to... Read More
BREAKING NEWS: Has Westpac Had A Major Hack Attack? Customers Forced To Re-Establish Credentials
Westpac appears to be having a major security issue with customers locked out of accounts and in some instance’s users of their... Read More
Half Price Gizmodo Flogged After Racking Up Big Losses
Loss making tech media Company Gizmodo which also includes Lifehacker is set to be sold for less than half what it sold... Read More
Is Sony Set To Be Split Up As Netflix & Amazon Circle?
Sony has struggled for more than a decade, now a major US hedge fund is building a stake in the Company that... Read More
Someone Has Confidence In Harvey Norman
Someone has confidence in Harvey Norman with Harvey Norman Director John Slack-Smith scooping up 45,000 shares in the big retailer on Friday.... Read More
Apple Slammed After Mega Store Deal Bellyflops
The mighty US brand Apple has been slammed after they were refused permission to build a mega store at Melbourne’s Federation Square.... Read More
World’s Biggest Asset Management Group Buy Into Kogan After Retailer Slammed
Hours after the largest asset management Company in the world, Black Rock Group purchased 4 million shares in online operator Kogan the... Read More
Foxconn, The Owner Of Sharp & Belkin Wobble As iPhone Sales Crash
Foxconn the Company that acquired Belkin, owns Sharp and is a major supplier to Apple has seen net profits fall by 12.6%... Read More
INSIGHT: Myer, A Fire Sale ‘Basket Case’
If Myer were any other business, its doors would be closed by now. Despite recently posting its first profit in eight years... Read More
UPDATED : Seiki TV Brand Liquidated In OZ
Seiki Australia has been placed into liquidation with questions now being asked about warranty claims on Seiki TV’s following the Companies collapse... Read More
ASUS Profits Crash 73% As PC & Peripheral Sales Flop
Struggling PC brand ASUS who trade as Asustek has reported a loss of $130M for the quarter, the Company is also a... Read More
BREAKING NEWS: 60 Big W Stores Tipped To Be Closed, Walmart Buy Rumour Quashed
Woolworths is tipped to be planning to close 60 Big W stores as the discount department store struggles to compete, despite increased... Read More
Sharp, Belkin & Dynabook Owner Seething Over Microsoft Legal Action
Foxconn Technology CEO billionaire Terry Gou is seething after Microsoft initiated legal action against his Company in an attempt to extract license... Read More
Jaycar, The House Brand Tech Retailer Makes Millions Flying Under The Radar Of Their Competitors
Jaycar the masters of house brand consumer electronics who recently announced an $80M investment in a new automated warehouse and distribution centre... Read More
Harvey Norman Franchisee Sales Down 5.2%, Described As ‘One Of Australia’s Most Exposed Retailers’
Franchised store earnings at Harvey Norman are down 5.2% to $158M as demand for the Companies furniture, bedding and appliances falls, analysts... Read More
Ambertech Profits Crash As Consumer Business Struggles
Sydney based distributor Ambertech has reported a 31% fall in profits despite a 19% lift in revenues. As a result, the board... Read More
COMMENT: Will Big W Be Sold Or Is Unsalable?
Will Big W be sold, or more so can it be sold? in their latest results losses eased from $10 million to... Read More
BREAKING NEWS: Apple Revenues & Profits Crash
As tipped consumers are turning off buying Apple products with the global Company reporting a quarterly decline in both revenue and profits.... Read More
Finance Supplier To Harvey Norman, IKEA & Apple Resellers Slammed
Scrutiny of FlexiGroup who describe themselves as a key supplier of financial services to retailers Harvey Norman, IKEA, and Apple Resellers have... Read More
Senior Staff Caught Ripping Off DJI To The Tune Of $200M +
Several senior staff at Chinese drone maker DJI, the world’s biggest maker of consumer drones have been ripping off the Company to... Read More
David Jones Sales Wobble But CE & Appliances Grow
Big department store David Jones joins a long list of retailers who saw sales wobble over the peak holiday buying period while... Read More
Dodgy Telstra Warned By ACCC, $100M Fine Next Time
Telco’s and consumer electronics retailers and their suppliers are set to fall under the microscope of the Australian Competition and Consumer Commission... Read More
BREAKING NEWS: Apple Sales Crash, New iPhones Fails To Deliver
Apple has had a big case of the wobbles with iPhones, their once mighty revenue earner and a category that represents more... Read More
EXCLUSIVE:CEDIA Installer Group Liquidation Woes Revealed
An investigation by ChannelNews has revealed that the directors behind BSR Group a Brisbane based custom installer Company have been the principle... Read More
Serious Questions Raised Over TEAC Inter Company Loans, Will ASIC Investigate?
Australian retailers who stock TEAC products are today questioning the long term future of the business after the Company reported a loss... Read More
BREAKING NEWS UPDATED: Myer Ban Media As AGM ‘Brawl Begins”
UPDATE: Myer has received a ‘second strike’ against its remuneration report after its largest investor, billionaire Solomon Lew, successfully rallied other shareholders... Read More
Is Gerry Harvey Set To Have Another Rant As Shares Hit $3.01
Gerry Harvey could be hyperventilating this morning ahead of his AGM, as he watches his shares slump to end up at $3.01.... Read More
Logitech Walks Away From Plantronics, Whose Year On Year Revenues Are Down
Logitech has walked away from a US$2.1 Billion dollar deal to buy Plantronics who are facing a margin squeeze in the... Read More
EXCLUSIVE: Powermove Boss Hits Out At Industry Speculation
The CEO of Adelaide based Powermove Distribution, Crawford Giles has hit out at industry speculation that his Company is under pressure. In... Read More
EXCLUSIVE: More Executives Quit Powermove, Brands Set To Be Next
Adelaide based distributor Powermove has lost another senior executive the third in the last two months, the Company is also facing the... Read More
Harvey Norman Slammed For Unregulated Lending
Harvey Norman has been slammed for for allowing ‘unregulated and unauthorised lenders” to openly operate in their overseas stores. One of these... Read More
Myer Shares Plunge, Dodgy Online Sales Revealed
Myer who last week slammed media for releasing poor secret sales numbers, has been caught out counting instore sales as online sales,... Read More
Solomon Lew Claims “Even Father Xmas Can’t Turn Myer Around”
He owns more than 10% of the shares in Myer, now Melbourne based retailer Solomon Lew claims the big department store board... Read More
OS Black Friday Deals No Bargain Says New Research
Australian retailers could benefit from a new research study that reveals that Australian could be duped when diving into US and overseas... Read More
Harvey Norman: Debt Up Share Value Down, Questions Over Directors Pay, AGM Set To Be A Circus
Goldman Sachs Group who recently went back to reporting on Harvey Norman has issued a sell rating on the stock ahead of... Read More
JB Hi Fi A ‘Screaming Bargain’ Unlike Harvey Norman Claims Top Analyst
Despite being one of the most shorted stocks on the ASX Fund Managers still have an appetite for JB Hi Fi unlike... Read More
BREAKING NEWS: Myer Calls Trading Halt After ChannelNews Story & ASX Intervention
Troubled retailer Myer has denied it has breached its continuous disclosure obligations but they initiated a trading halt following our story on... Read More
Former Sony CEO Takes A Swipe At Arrogant Jap Company
Carl Rose the former CEO of Sony has taken a swipe at his old employer, indicating that they were not only an... Read More
ING Bank, Openly Engaging in ‘Self Employed’ Discrimination
If your self-employed, have minimum amount of debt and own millions of dollars in assets don’t even think of doing business with... Read More
Big Punt Failure, As Another Harvey Norman Investment Bites The Dust
If Gerry Harvey’s punting is anything like his recent investments he’s going to have a shocking day at the Melbourne Cup today... Read More
Harvey Norman Facing Real Risk, AGM Set To Be A Spark Fest
Harvey Norman Chairman Gerry Harvey is facing a real risk that shareholders could turn on him with demands for “truely independant” Directors... Read More
BREAKING NEWS: Kogan Shares Crash 24% Margin Erosion Hurting Bottom Line
Shares in online retailer Kogan.com plunged more than 24 per cent after the Company admitted that they are facing the same margin... Read More
Exposed, Harvey Norman Directors Forced To Dispose Of Questionable Stock
Harvey Norman Directors who lined their own pockets with benefits at the expense of other shareholders have been caught out and forced... Read More
Electrolux Set To Jack Up Prices OZ Appliance Market Described As “Negative”.
The Australian market for appliances has gone “soft” according to Electrolux management with the Swedish Company only achieving sales increases by “lifting... Read More
Gerry Harvey Gets An “Extra Advantage” Buying His Own Shares
When your share value is falling, and sales are sliding there’s nothing like dipping into the piggy bank to buy your own... Read More
Ambertech Still Making Losses Despite Upturn In Lifestyle & Pro Divisions.
Sydney based distributor Ambertech, has reported its strongest growth for several years, with their Lifestyle Division reporting 7.5% growth and their Professional... Read More
Loss Making Catch Group Shareholders Pocket $20M Despite 90% Fall In Profits
Shareholders at IPO hopeful Catch Group whose profits have fallen 90% in two years paid themselves $20M in 2018, this is double... Read More
EXCLUSIVE: Big W & Target To Mimmick Amazon Marketplace Online Battle Looms
An online battle between the Woolworths owned Big W and the Coles owned Target is set to break out in early 2019... Read More
