Koovs Share Discussion Threads

[st0n3] 10/1/2017 08:23

harebridge,
few weeks ago you were the one cursing the CEO saying you are not happy with her mumbling, quoting her and adding it was not a good year for the share price.
Now when there is a small uptrend you are her biggest fan.

Let's say this is actually true and not the false dream of just another Indian journalist.
Btw how free is the press in India? Do you have any report on this?

Anyway, let's get to the point: KOOVS is a tinny little, (big) loss making company involved in this Indian fasion masala. Their pockets will dry loooooong before their competitors! Ones such as amazon.in
One thing is to get first and grow in emerging market, a totally different thing is to fight with elephants like amazon.
These elephants are in this game loooong before KOOVS and will remain after this go bust, I can assure u.
PS:
There is a very very very good reason why you should not get emotional with your shares and trading... sadly you are demonstrating exactly the opposite.

Who is running from discussion now?

[ckafetz] 10/1/2017 08:19

Question please - the stock was around the £1.50 mark a couple of years back. How come it dropped into the tens last year from £1.50. Seems a hefty fall, did something happen at the time? Thanks

[harebridge] 10/1/2017 07:26

Bangalore was the leader of online shopping in 2016 with Mumbai and Delhi following closely.In Bangalore, 69 per cent of the population chose to buy daily routine products through e-shopping in 2015-16, which is likely to increase to 75 per cent this year for various categories including apparel and sporting goods, according to a joint study by The Associated Chambers of Commerce & Industry of India (ASSOCHAM) and Resurgent India.About 65 per cent of the people in Mumbai shopped online and this number might go up to 70 per cent this year for various categories including apparel and apparel gift certificates. Close to 61 per cent of the total population of Delhi shopped online for daily routine products last year and this number is expected to rise to 65–68 per cent by the end of 2017, states the study.Indian e-retail increased by 48 per cent from $3.59 billion in 2013 to $5.30 billion in 2015 and it is expected rise by 65 per cent to touch $17.52 billion by the end of 2018, according to the ASSOCHAM-Resurgent joint study.M-commerce already accounts for 30-35 per cent of e-commerce sales, and its share will jump to 45-50 per cent by 2017 as more companies shift towards it. There was a surge in the number of people shopping on mobile across India with tier II and III cities displaying increased dominance. About 50 per cent of the traffic came from mobile and a majority of them were first time customers, adds the paper. Online shopping has been embraced by Indians with 25-30 million adults making a purchase via the internet in the last year. Early teens are also becoming more involved with e-commerce.Apparel is one of the few categories that account for the bulk of India's e-commerce sales. On an average, about 85 per cent of the amount spent on e-commerce was for apparel, says the study.The total retail sales in India will increase from the $717.73 billion during CY 2014 to $1,244.58 billion by 2018, as per the joint study. Growing at an impressive rate of 15 per cent, the Indian retail sector is registering a double digit growth figure year after year.The e-commerce sector also faces some challenges that include absence of e-commerce laws, low entry barrier leading to reduced competitive advantages, rapidly changing business models, urban phenomenon, shortage of manpower and customer loyalty.The opportunities for the sector include reduction of money transactions in all sectors, improvement of net banking facilities across the country, implementation of demonetisation policy and government's policies on banking and financial sectors, notes the study. (KD)

[harebridge] 10/1/2017 07:24

Over 100 million customers to shop online in '17The rise of digital natives, better infrastructure in terms of logistics, broadband and internet-ready devices to fuel the demand in e-commerce will result in an increase in online shoppers from 69 million in 2016 to over 100 million in 2017, says a recent study. Bangalore was the leader of online shopping in 2016 with Mumbai and Delhi following closely.In Bangalore, 69 per cent of the population chose to buy daily routine products through e-shopping in 2015-16, which is likely to increase to 75 per cent this year for various categories including apparel and sporting goods, according to a joint study by The Associated Chambers of Commerce & Industry of India (ASSOCHAM) and Resurgent India.About 65 per cent of the people in Mumbai shopped online and this number might go up to 70 per cent this year for various categories including apparel and apparel gift certificates. Close to 61 per cent of the total population of Delhi shopped online for daily routine products last year and this number is expected to rise to 65–68 per cent by the end of 2017, states the study.Indian e-retail increased by 48 per cent from $3.59 billion in 2013 to $5.30 billion in 2015 and it is expected rise by 65 per cent to touch $17.52 billion by the end of 2018, according to the ASSOCHAM-Resurgent joint study.M-commerce already accounts for 30-35 per cent of e-commerce sales, and its share will jump to 45-50 per cent by 2017 as more companies shift towards it. There was a surge in the number of people shopping on mobile across India with tier II and III cities displaying increased dominance. About 50 per cent of the traffic came from mobile and a majority of them were first time customers, adds the paper. Online shopping has been embraced by Indians with 25-30 million adults making a purchase via the internet in the last year. Early teens are also becoming more involved with e-commerce.Apparel is one of the few categories that account for the bulk of India's e-commerce sales. On an average, about 85 per cent of the amount spent on e-commerce was for apparel, says the study.The total retail sales in India will increase from the $717.73 billion during CY 2014 to $1,244.58 billion by 2018, as per the joint study. Growing at an impressive rate of 15 per cent, the Indian retail sector is registering a double digit growth figure year after year.The e-commerce sector also faces some challenges that include absence of e-commerce laws, low entry barrier leading to reduced competitive advantages, rapidly changing business models, urban phenomenon, shortage of manpower and customer loyalty.The opportunities for the sector include reduction of money transactions in all sectors, improvement of net banking facilities across the country, implementation of demonetisation policy and government's policies on banking and financial sectors, notes the study. (KD)

[st0n3] 09/1/2017 23:54

Let's say this is actually true and not the false dream of just another Indian journalist.
Btw how free is the press in India? Do you have any report on this?

Anyway, let's get to the point: KOOVS is a tinny little, (big) loss making company involved in this Indian fasion masala. Their pockets will dry loooooong before their competitors! Ones such as amazon.in
One thing is to get first and grow in emerging market, a totally different thing is to fight with elephants like amazon.
These elephants are in this game loooong before KOOVS and will remain after this go bust, I can assure u.
PS:
There is a very very very good reason why you should not get emotional with your shares and trading... sadly you are demonstrating exactly the opposite.

[harebridge] 09/1/2017 23:30

In India

You Will Be Surprised To Know The Number Of People Who Shopped Online In 2016

In 2016, about 69 million consumers purchased online and the number is expected to cross 100 million by 2017 with the rise of digital natives, better infrastructure in terms of logistics, broadband and Internet-ready devices to fuel the demand in e-Commerce, according to an ASSOCHAM-Resurgent India study.

[harebridge] 09/1/2017 20:17

dg, thanks, looks like the tide has turned here. Yes Koovs is loss making & will be for a couple more years. They are very clear & open about their path to profitability. They are not in debt & have over £20 million in cash according to the Interims. Koovs has no trouble at all raising cash.
I'm in for the massive potential here.
Last years trading update was 11th Jan. I know the CEO Mary Turner has been in India, so expect trading update soon.
Last years figures were £3 million. I'm going for £7 million this time, maintaining their triple digit growth.
Some very large trades showing up today & over the few sessions.

[harebridge] 09/1/2017 18:27

In India

You Will Be Surprised To Know The Number Of People Who Shopped Online In 2016

In 2016, about 69 million consumers purchased online and the number is expected to cross 100 million by 2017 with the rise of digital natives, better infrastructure in terms of logistics, broadband and Internet-ready devices to fuel the demand in e-Commerce, according to an ASSOCHAM-Resurgent India study.

[ryry0707] 09/1/2017 18:06

Do we know when the next trading update is set to be released? Looking interesting here

[dgbell7] 09/1/2017 18:00

Harebridge glad to see an upswing, hope it continues but I am now putting this on my long finger list , the debt levels are a bit rich for me. I am becoming a bit obsessed with looking for debt free companies!

[harebridge] 09/1/2017 17:56

A couple of decent buys showing up after hours. 25k & 66k from this morning.Anyone else noticing the large buy trades over the last few trading sessions? Bodes well....

[market master] 09/1/2017 16:00

Yeah they're BUYS as 51.4p to buy and 51.16 to sell

[nicksig] 09/1/2017 15:51

I presume those trades at 51.4p are buys?

[nicksig] 09/1/2017 14:51

Another good day...

[harebridge] 09/1/2017 09:57

The CEO Mary Turner looks confident, here helping out in India last week.





Why has it gone oh so quiet here?

Where's all the scaremongering & multi id aliases?

What do you guys think of recent price action ahead of the trading update this week?

[market master] 09/1/2017 09:32

SP screaming past 50p now up 5% and 53p to buy at this rate should be back in the 60's soon!!

[jonnycj] 09/1/2017 09:03

hxxp://www.alexa.com/siteinfo/koovs.com

[harebridge] 07/1/2017 15:39

Bad news- delay in deliveries.Good news- because of overwhelming success of sales.sushantghalehi i ordered three pair of sneakers but dont no why they havent delivered the orders yet its been more than 10days @koovsfashionkoovsfashionHi! @sushantghale @ozukumsen Sorry but we're facing a slight delay in the dispatch-delivery of orders due to the overwhelming response of our customers to the continuously running sales on our website. However, our teams are working hard to ship & deliver your orders ASAP. Further, you can DM us your order nos. so that we can try to expedite the process. Thanks.

[harebridge] 07/1/2017 07:41

"Social media will sit at the heart of many future transactions" – Mary Turner, CEO, KoovsM-commerce will continue to leapfrog traditional ecommerce, bringing with it a shopper that expects instant gratification, speed and relevance. So, a traditional "catalogue"-style transactional website will no longer fit the bill. Social media will sit at the heart of many future transactions, providing more of an emotional connection. We are already seeing this trend with shopability across various platforms.Data is now like water: it's abundant and it's also vital. But brands will need to be smarter in using it to serve customers better, and this is doubly so for mobile, as it is an instant, on-the-go medium.In a world with near-endless choice, we will be using data to provide dynamic personalisation and artificial intelligence to continually learn about the customer and make instantaneous recommendations.https://www.drapersonline.com/retail/fashion-industry-forecasts-for-2017-mary-turner-koovs/7017291.article