Changes are happening - please bear with us while we update our site.

Join Free
Log in

Changes are happening - please bear with us while we update our site. Click here to give us your advice and feedback.

Join Free
Log in

Kogan.Com Ltd Shares Up After Launching NBN Service

Kogan.Com (ASX:KGN) has just launched its new low-cost NBN service, the share price is up by 5.2%.
Picture of Jaz Harrison

Jaz Harrison

Jaz is a Staff Writer for Rask. She is a keen investor who loves to thoroughly poke holes in an investment idea before it has a chance of making it into her portfolio. Jaz invests for the long-term and doesn't sweat the small stuff. She strongly believes that empowering people with knowledge is the best way for them to take charge of their finances, which is exactly the approach she takes with her own money and investments.
More analysis

The Kogan.Com Ltd (ASX:KGN) share price has risen by 5.27% this morning after announcing it has launched its new ‘low cost’ nbn internet service.

Kogan sells a variety of products and services online. It’s best known for Kogan Retail, but it also sells mobile plans, insurance, health insurance and travel services.

Under a partnership with Vodafone Hutchison Australia Pty Ltd, a company which is 50% owned by the ASX-listed Hutchison Telecom Australia Ltd (ASX: HTA), Kogan.Com will provide the branding and marketing whilst Vodafone Hutchison provides the network access and customer service support.

David Shafer, Executive Director of Kogan.Com, said: “We are always working hard to make the most in-demand products and services more accessible and we expect that Kogan Internet’s nbn plans will shake up the market with their affordable, flexible and simple offerings.”

We’re thrilled to expand out partnership with Vodafone to bring Kogan nbn plans to Australians, enabling more Aussies to save money. – Shafer

Takeaway

Kogan now offers a wide variety of services for every household to sign up, the anything-you-could-want idea is clearly resonating with shareholders as the share price has risen 430% over the last 12 months.

Did you know it’s free to join The Rask Group’s Investor Club Newsletter? It’s a regular (usually weekly) news and educational update on financial markets, investing and unique strategies. Join today and get ready to laugh and learn.

Click here to join The Rask Group’s Investor Club Newsletter Today

 

Hey, you, read this disclaimer: This article contains information only. It is not financial advice. It is no substitute for trusted and licensed financial advice and should not be relied upon. By using our website you agree to our Code of Ethics, Disclaimer & Terms of Use and Privacy Policy. Also, don’t forget, past performance is not a reliable indicator of future performance. 

$50,000 per year in passive income from shares? Yes, please!

With interest rates UP, now could be one of the best times to start earning passive income from a portfolio. Imagine earning 4%, 5% — or more — in dividend passive income from the best shares, LICs, or ETFs… it’s like magic.

So how do the best investors do it?

Chief Investment Officer Owen Rask has just released his brand new passive income report. Owen has outlined 10 of his favourite ETFs and shares to watch, his rules for passive income investing, why he would buy ETFs before LICs and more.

You can INSTANTLY access Owen’s report for FREE by CLICKING HERE NOW and creating a 100% FREE Rask Account.

(Psst. By creating a free Rask account, you’ll also get access to 15+ online courses, 1,000+ podcasts, invites to events, a weekly value investing newsletter and more!)

Access all reports now

Unsubscribe anytime. Read our Terms, Financial Services Guide, Privacy Policy. We’ll never sell your email address. Our company is Australian owned.

Information warning: The information on this website is published by The Rask Group Pty Ltd (ABN: 36 622 810 995) is limited to factual information or (at most) general financial advice only. That means, the information and advice does not take into account your objectives, financial situation or needs. It is not specific to you, your needs, goals or objectives. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information. If you don’t know what your needs are, you should consult a trusted and licensed financial adviser who can provide you with personal financial product advice. In addition, you should obtain and read the product disclosure statement (PDS) before making a decision to acquire a financial product. Please read our Terms and Conditions and Financial Services Guide before using this website. The Rask Group Pty Ltd is a Corporate Authorised Representative (#1280930) of AFSL #383169.

Latest stories

Free passive income report
Skip to content