Koovs Share Discussion Threads

[hyper al] 24/11/2016 16:38

Koovs have over 1million android app users and I don't know how many from Apple store.

How many registered users (ie customers) does Koovs have?

[hyper al] 24/11/2016 16:34

I think we will be near the turning point, we can then say goodbye to an share price down at this level!

[hyper al] 24/11/2016 16:32

monnow

Asos Interim results Sep 2004

"
INTERIM RESULTS FOR THE SIX MONTHS TO 30 SEPTEMBER 2004


Financial Highlights


* Group sales up 72% to #4.70m (2003: #2.74m)

* Gross margin up to 49% (2003: 45%)

* Group profit before interest, tax and amortisation of goodwill -
#224,000 (2003: loss #168,000)

* Profit before taxation #126,000 (2003: loss #283,000)

* Earnings per share 0.18p (2003: loss per share 0.42p)

* ASOS.com sales up 75% to #4.32m

* Cash at bank - #1.26m


Current Trading and Prospects


* ASOS.com sales up 81% for the period 1 April 2004 to date compared to
the same period last year

* 419,000 registered users as at 26 November 2004 (369,000 as at 31
August 2004)

* Confident that the business can continue to generate substantial sales
and profit growth
"
source

[monnow] 24/11/2016 16:23

Rate of cash burn is key here. I would be hoping that the TOI purchase would offer more cost effective advertising in conventional media, this will obviously take time to filter through. Does anybody know how many customers ASOS had and on what turnover figure , did ASOS then break into profitability ? as a useful comparative to Koovs.

[avifx] 24/11/2016 15:50

You are absolutely right given the liquidity here that this isn't really a TA play. I'm just giving my opinion regards levels here and I have a very very long term view on this

[taurusthebear] 24/11/2016 15:28

Maximum pessimism in the face of cash and good growth known to be coming - time to buy?

I don't see this as a TA share, I'd suggest starting on a bigger, more predictable company. :0)

[avifx] 24/11/2016 15:08

Hi I'm a new investor coming from a technical analysis background in fx trading. I see supports at 53 (now broken) and around 45 (the 61.8% Fibonacci lies around 44) there's no need to worry until this is broken in my opinion; the uptrend for 2016 is still fully intact. I grabbed some ahead of the 53 support at 56 (bad spread) and I'll look at add under 50 before 44.

[taurusthebear] 24/11/2016 14:32

Hyper - that's sidestepping the issue. If masses of amorphous people subscribed at 50p, why aren't masses of others, who couldn't get shares, not interested now?

I suspect the answer lies in the short-termism of markets. A placing at 50p, when the prevailing share price is 62p looks a gift, right? So much for due diligence. Many of these folks, if not Stags, probably just wanted a free lunch.

The market doesn't work like that. I personally think the share price will be back above 60p after results, due to very impressive growth (albeit from a low base), but the cash burn is a major concern with KOOVS. Ex-Asos management, but hubris can be a dangerous thing... :0)

[bittorrent] 24/11/2016 14:20

TTB probably not enough in free float to get any meaningful amount - like you say there are probably PIs waiting to pounce when it stops dropping, just need some good news!

[hyper al] 24/11/2016 14:16

"If all those people and institutions were so keen to buy at 50p, why is no-one keen to buy now? Now there's a thought... :0)"

because they have spent their allocated funds.

[taurusthebear] 24/11/2016 14:12

Not a problem for long-termers, assuming the company doesn't overspend it's way into bankruptcy!

For every whinging shareholder, there is a potential shareholder rubbing their hands waiting for lower prices.

If all those people and institutions were so keen to buy at 50p, why is no-one keen to buy now? Now there's a thought... :0)

[hyper al] 24/11/2016 13:53

harebridge

Everything is relative. What matters is all shareholders are suffering from the drop.

[harebridge] 24/11/2016 13:46

The largest shareholder Lord Waheed Alli with 22% of the company (38 million shares) has seen his value drop by £10 million over the last few weeks (drop from 75p to 50p).

[isaready] 24/11/2016 12:08

lets not worry. They have raised cash at 50p, so this will test 50p in the meantime.

[rjd1233] 24/11/2016 11:56

Need news in Dec then she will jump or drop!!

[hyper al] 24/11/2016 11:23

Maybe rise after all the 'T' traders have departed.

[gary38] 24/11/2016 11:21

Also the 1 year average on the daily chart still giving support.

[gary38] 24/11/2016 11:16

Potential support still holding could jump from here .

[jjstim] 24/11/2016 11:06

50p gets closer, I'm thinking there could be a proper tree shake any day now

[taurusthebear] 23/11/2016 14:45

Not bothered myself. I'll add if the MMs try another treeshake, or else I'll just wait for results, which'll presumably get the price moving, one way or the other.

Black Friday this week, seems to have become a worldwide commercial phenomenon now (like most American things). :0)

[harebridge] 23/11/2016 08:21

4 million broker option shares hit the market this morning (23rd).Looks like a bit of a Mexican standoff at the moment as a few wait before committing.

[isaready] 22/11/2016 15:21

one way or another, they will either gain share or merge with a similar competitor or get purchased, or I guess die in the gutter... doubt the last one will happen, but if they have leverage the promotional costs through other means, shares etc, this is a good thing.

[harebridge] 22/11/2016 15:19

Taurus- agree that the spending has to be huge to get the brand noted. Just look at the results of one of Koovs competitors Limeroad that were released this week. They have tripled their losses to double their revenues.I'm in no doubt that the Institutions had access to the Interims & also the festive figures for October (Diwali), for them to pump in millions.Also good to see that not many shares were dumped onto the market today.

[alwaysevolving] 22/11/2016 10:47

So they sold 7 !!