Koovs Share Discussion Threads

[market master] 29/12/2016 09:05

You're welcome irishlass :-) I think HT are done now as they have stated that on Friday, also the sells yesterday were quite small, seems more like un-researched Pi's getting a bit nervous and selling.

Judging by the amount of de-rampers appearing on the shorters thread they seem very desperate and will have to buy back soon.

In my opinion due to the very large amount of II holdings and lack of free float the share price is at bottom now and will only take a few buyers to turn this tide.

[kidknocked] 29/12/2016 08:26

Not as good as Ctag ! Easiest short ever.

Tern are fairly dire as well.

[3rd eye] 29/12/2016 08:22

Ohhh most certainly, one of the best shorts on the market.

[kidknocked] 29/12/2016 08:13

The deal here is quite simple. They have too high cash burn and a non existent margin. Definite short/sell.

[dgbell7] 29/12/2016 08:00

In the comments section in today's Daily Telegraph online about BOO's bid for Nasty Girl there is only one. Strangely not about BOo but a Paul Isherwood writes "koovs ...the next Asos... in India...same board,same team".

[3rd eye] 29/12/2016 07:47

Saw yesterday a rumour they were going to sell clothing on market stalls up and down the Midlands. Talk about going DOWN MARKET!!!!!!!

[3rd eye] 29/12/2016 01:43

Very generous.

[effortless cool] 29/12/2016 00:05

This guy is comic gold.


Market Master 28 Dec '16 - 22:00 - 1988 of 1991 4 0

Yes will all de-rampers go to the other thread and leave this one for those that actually want to talk about the company.

However, I don't think that the de-rampers will leave this thread they are too desperate to trash the company so that they can buy cheaper.....

[hafizarslan88] 28/12/2016 23:41

Thank you.

Having Gross Margin does not necessarily mean buying on X and selling on X-20%! Cost of Sales can be a combination of other things too, which can go significantly down when quantity goes above a certain point! Moreover, Private label sales ratio will increase as a proportion of total sale, which will eventually improve profitability! Consider the scenario if we have similar growth in 2017-2018 i.e. over 100% in Koovs and private label goes even higher as a proportion of total sales? Management has clear direction of where they are heading and how to become profitable with a sustainable business model/system to meet future demand, to compete with Big Players and to become one of the Big players!

Yes, I invested in the share with a clear view of keeping the investment for 2 years at least or maybe longer! I don't expect KOOVS to be as big as ASOS but it will be definitely be comparable to Boohoo OR even bigger, in a few years... If people bought Koovs in start only because share price was going up, without any research (without knowing it's going to be a loss making for a few years!), it's nothing to do with Koovs! Business have been clear about the Expected Loss and Expected Breakeven point since start!

You never know, Koovs may eventually start selling in the UK market as well with a much lower cost base in India compared to ASOS/Boohoo, which will eventually add to it... When people with experience are running business, they have big plans! They plan to make things better than previous one! And it improves the confidence level when you see employees of Koovs! Not just UK but even Indian employees are coming from renowned names! People make the business... Let's wait and watch. I wish luck to everybody who is holding, including me!

[ksharlandjiev] 28/12/2016 23:03

Hi and welcome to advfn.Straight to the answer:To buy what? A company that pays £X to produce a shirt and the sells it for £X-20%? Or a company who release an imitate rns that they are not aware of why the price of their shares is rising when they do rise? Oh wait, I know: maybe it is because they are selling to institutions on discouned price on the back of their private investor! And there is more to come with their cash burn rate....Frankly I don't know if why Times have bought in, but I'm sure there is a good reason! One that does not have anything to do with the price of the KOOV shares for sure.If you are prepared to wait few years and pray they will find the money to maybe break even on 2020, well be my guest.Growth in India is big no doubt about it but so it is with competition.

[irishlass2] 28/12/2016 23:00

Market Master, thank you for controlling this thread. We can now get back to discussing Koov. Do you feel that HT has finished selling its 10 per cent. I noticed quite a few largish sells today. I want to buy another load but, obviously, trying to call the bottom.

[hafizarslan88] 28/12/2016 22:52

Hi
I'm new to this thread and yes, this is my first post. As some people say no businessman in the world would invest in this sort of company, will they answer why do they think a renowned group with a track record of investing in high growth stocks like the Times of India Group invested c.£4m in the business just before release of statement?

The ambition is big here and Koovs need to prepare for Rapid Growth in the future hence the losses and the cost base! I don't understand why this whole shouting when this loss is in line with expectations?

Thank you for the advice you have given but let's not demotivate those who are committed to the business, unless your purpose is to persuade them to sell AND buy yourself!

[st0n3] 28/12/2016 22:26

point taken.

[ksharlandjiev] 28/12/2016 22:19

There is no businessman in the world who would invest in a company that is selling below cost. Not on planet earth!
What is this? Business or religion here? Let the force be with KOOVS?

[harebridge] 28/12/2016 22:05

Great to see so much new interest here. It will be worthwhile in the end lads. Just a little more patienceJust look at the cornerstone investors here who've just pumped in millions at 50p a share. They're a bit more switched than us small timers on here ; )The ASOS connection know a thing it two as well.Lord Waheed Alli, Executive ChairmanLord Alli joined the Board in 2012, having been Chairman of ASOS plc between 2000 and 2012.Mary Turner, Chief Executive OfficerWas a non-executive director of ASOS plc between 2009 and 2013.Robert Bready, Chief Creative OfficerWas the Product Director of ASOS plc between 2006 and 2012."It has hired a number of ex-Asos.com staff since its launch in 2012. Emma Reed, who joined Koovs as head of menswear buying in 2013, was head of men's and kids' wear buying at Asos from 2005 to 2010."Melika Imorue Design Director at KOOVS.comSenior DesignerASOS.comFebruary 2007 – September 2011 (4 years 8 months) | London, United Kingdom........................Ellen Andrew Head of buying KoovsHead of BuyingASOS.com2005 – 2012 (7 years)

[market master] 28/12/2016 22:00

Yes will all de-rampers go to the other thread and leave this one for those that actually want to talk about the company.

However, I don't think that the de-rampers will leave this thread they are too desperate to trash the company so that they can buy cheaper.....

[bittorrent] 28/12/2016 21:48

Careful Stone, that is close to libel. I would expect that if the shares in free float get much cheaper they will be picked up by IIs or directors, not many are in the market.

[bittorrent] 28/12/2016 21:44

Nice try, you can't close this thread Cats. So many derampers you have to wonder what they hope to achieve?

[st0n3] 28/12/2016 21:19

The shameless ramping is on the move again....
Sharing any random fake news for India's e-commerce market from random wordpress bloger's news farms. I cant believe this will help turn the market.
As for the point that institutions and Lord Ali are pouring millions in this - perhaps this money are not theirs?
Indeed maybe they know something we don't as harebridge suggested... But I doubt it is something good!

Cheers,
Stone

[catswhiskas] 28/12/2016 20:56

DUE TO POSTS BEING DELETED THIS THREAD IS NOW CLOSED PLEASE USE THE OTHER BB where people can post without being moderated by this fool !
CLOSED CLOSED CLOSED CLOSED CLOSED

[catswhiskas] 28/12/2016 18:57

With a market cap of an eye watering 67 million pounds the only way does look down .How an earth did it get so overvalued in the first place ?