Koovs Share Discussion Threads

[harebridge] 09/11/2016 08:07

Not easy to get buy quotes at these prices!

[taurusthebear] 09/11/2016 07:56

That 50p placing may have to be at 40p thanks to Donald. :0)

[harebridge] 08/11/2016 21:02

Designer duo Gauri and Nainika are launching a capsule collection of elegant yet fun dresses as part of a collaboration with e-commerce platform Koovs.com. The line, titled Gauri & Nainika X Koovs, will launch on November 18. Recognised for their elegant and feminine silhouettes, flawless cuts and attention to detailing, the designers have brought their artistic genius to life with a mix of day time and evening wear styles for the line. It consists of 26 styles, offering an outfit for different occasions. However, there's an emphasis on red carpet favourites."We thoroughly enjoyed working on this collection with Koovs and chose to collaborate with them as it is a great platform to reach out to young modern women who love fashion and glamour," Gauri and Nainika jointly said in a statement. They added: "The 'Ultimate Dress Collection - Gauri & Nainika X KOOVS' has been designed to offer women signature Gauri & Nainika styles that are ultra-feminine, elegant and timeless. There are a range of flattering and feminine shapes for different body types. "The line is versatile and we have incorporated an interesting mix of colours and prints including a few gowns for a special occasion." The range is priced between Rs 2,500 and Rs 6,500. http://www.thehansindia.com/posts/index/Life-Style/2016-11-09/Gauri-Nainikas-red-carpet-favourite/263107

[taurusthebear] 08/11/2016 14:32

Just bought a few more, first since 54p.

My reasoning was that the US thang will be a short-lived reaction, and if, heaven forbid, Trump prevails then I may be able to use the supposed downdraft to hoover up some more. :0)

[harebridge] 08/11/2016 09:09

The festival season, which is considered the most significant period for Indian e-commerce companies in terms of sales generated, has recently concluded with Flipkart, Amazon, and Snapdeal, the three biggest e-commerce websites in the country claiming major gains.Koovs are sitting on 6 month interims, but not revealing how they did in the festive season (October), which are not included in the interims.There's no doubt that e commerce fashion in India is on the cusp. Although Koovs is only a small company at the moment, it is mixing it with the big boys, smashing them up with its social media exposure.I'm still maintaining year on year growth of 180% in the interims to be announced this month. That will certainly get this small company noted & expect Peel Hunt to increase their BUY rating which currently stands at £1

[taurusthebear] 07/11/2016 12:23

No users currently rating this stock. I love disinterest, it means hype has died down to a minimum, hence less froth in the price.

Now, if we can just see off Trump... :0)

[lazytrader] 06/11/2016 10:13

Number 13 is crazy unbelievable

[harebridge] 06/11/2016 09:40

Page 67 new entry Koovs in the Internet category at number 13

[harebridge] 06/11/2016 09:23

Amazon, India's most attractive Internet brand (Koovs makes a surprising entry)"The Internet category has seen a surprising shift in the top ranks, with Amazon ranking higher than Google, implying a serious improvement in the appeal of conducting ransactions online," TRA chief executive officer N Chandramouli said.This is apparent from the fact that out of the 29 brands listed in the Internet category in 2016, 11 brands were online retailers, he added."Expected brands like Shopclues (461 rank) and Uber (483) were listed in the Internet category along with some surprising entrants like Koovs (477), Voonik (937) and Oyo Rooms (948)," he said.http://newstodaynet.com/technology/amazon-indias-most-attractive-internet-brand

[mustau] 02/11/2016 15:48

What date of result?

[andy mack] 01/11/2016 22:08

Thanks Irishlass - just thought that you might have seen something I hadnt! I only bought into the share recently but looking at the chart it seems to be on a slow but steady rise and see it progressing that way bar some news either way. It all looks like everything is coming together nicely and all the conditions are there to make a great investment for the next few years

[isaready] 01/11/2016 21:06

Thanks for this, as I thought. I thgink they are a great buy at these levels. They can only go one way, so long of course they continue to gain market share.

[harebridge] 01/11/2016 12:15

E commerce booming in IndiaAgarwal (Amazon India Chief) said that October could be an inflection point for e-commerce in India. "We had categories from phones to Amazon Fashion to appliances growing three to 11 times; even newer categories such as luxury and beauty grew 46 times; grocery and everyday consumables, 7.1 times; furniture, 11.8 times; gold jewellery, eight times-so a lot of these categories are showing robust growth."This year's Diwali sale has proven to be the biggest showdown in the history of Indian e-commerce, with Amazon India and rival Flipkart going all out to woo shoppers.Amazon also said that it witnessed record numbers during its month-long Diwali sale event, the Great Indian Festival, with sales jumping 2.7 times from last year.Mint couldn't independently verify the numbers, but, in general, all e-commerce marketplaces (including Snapdeal, Amazon and Flipkart's smaller rival) did well in October, carrying forward their momentum from their annual sales.

[isaready] 01/11/2016 09:07

This raising of cash is no big deal if they grow. Now Internet connectivity in India is 3/5 years behind. Middle classes will grow, demand will grow across all services. In ten years, India is predicted to be bigger the the USA. This means Koov has huge potential.

[harebridge] 01/11/2016 08:46

Although it looks like the share price is being walked down, not seeing loads being dumped at 61p. My brokers are also willing to take reasonable amounts off me now, so looks like the big seller is done (for now).My final two top ups before results this month were purchased today (not showing up yet). 20,000 at 63.88 & 10,000 at 63.9.

[irishlass2] 31/10/2016 23:13

Hi Andy, I don't have any insight. I assume the placing will be at a lower price than the current price and the daily trickle suggests that we will be in the 50s soon, unless there is an rns. If it drops, I will be back in as the long term story still looks good. Today, the money went into Marl which is looking particularly good.

[harebridge] 31/10/2016 22:50

Yes Melody, I agree with you. By their own statements, they only need another £3 million over the next 3 years.I actually thought that they were fully funded for now, but they do keep reminding us of further placings.November will be an interesting month with the 6 month Interims. We'll see if there is a small placing.

[melody9999] 31/10/2016 22:41

harebridge 1358. See RNS 11/1/16

Current trading and funding requirement

The Group has experienced improved performance in the first nine months of the financial year ending 31 March 2016 and is on track to meet the Directors' expectations.

The Group's current level of cash resources is not sufficient to fund the plans outlined above and it is for this reason that the Company is seeking further equity capital from existing and new investors by way of the Capital Raising. The Company estimates its funding requirement to be approximately GBP35 million over the next three years of which approximately GBP5.6 million will have been successfully raised following the completion of the Capital Raising.

[andy mack] 31/10/2016 11:19

Irishlass - why do you think the placing will be at these levels? Not a critism, just interested on what your insight is.

[irishlass2] 31/10/2016 09:45

That's me sold in several tranches over the last couple of days. It is obvious that any placing is going to be at the 50p to 55p level. Will buy back in when it is announced.

[taurusthebear] 30/10/2016 17:24

I think that the things the market will look for:-

1. Rate of sales increase
2. Rate of loss decrease
3. Rate of cash burn

All are important in establishing a trend for future profitability, whilst trying to estimate how much more dilution is likely. Some people have difficulty in putting a value on a loss-making company, so share price reaction before profitability will likely be based on the performance of those trends.

Whilst point 1 may be the headline figure, one must always remember the old adage: "revenue is vanity, profit is sanity."

IMO. DYOR. :0)

[harebridge] 30/10/2016 16:39

Apple looks to India to be its new China as iPhone sales grow 50 percent. 26th Oct 16

So Cook has turned to India, noting that half of Indians are aged under 25 with the population expected to boom further.
Our iPhone sales in India were up over 50 percent in fiscal 2016 compared to the prior year, and we believe we're just beginning to scratch the surface of this large and growing market opportunity, Cook said on an investor call after earnings were released.