Kogan is good value at the moment. 

Online retail is a strong trend that will only continue over the next decade or so! 

The biggest threat is the likes of Amazon stealing market share but I will be holding until their is objective findings that this happening! 

The short-sighted market has again overreacted to the Q3 update when Kogan was already at a low PE prior to the update. ~21 is great for a company with the growth prospects of Kogan! A growing customer base is a great indicator of ongoing success in the future despite a decline in EBITDA. 

Back up the truck folks!