Share Name Share Symbol Market Type Share ISIN Share Description
Koovs LSE:KOOV London Ordinary Share GB00BHB22S55 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.75p -2.05% 35.75p 35.50p 36.00p 36.50p 35.75p 36.50p 105,476 11:36:52
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
General Retailers 5.2 -16.7 -37.2 - 53.51

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Date Time Title Posts
24/5/201714:03KOOVS - The Next ASOS!!!!!!!!!!!!!!2,732
24/5/201706:10SHORT KOOVS INDIAN PUFF TO 0P455
27/4/201709:34KOOV will this go bust by Christmas?5
03/6/201612:30Koovs plc867
19/9/201416:10THE FTSE WILL LOSE OVER 400 POINTS THIS WEEK4

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Koovs (KOOV) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
13:13:0135.50552195.96O
12:24:4135.501,477524.34O
11:59:5835.504,4051,563.78O
10:37:2935.751,370489.78O
10:36:4236.005,0001,800.00O
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DateSubject
24/5/2017
09:20
Koovs Daily Update: Koovs is listed in the General Retailers sector of the London Stock Exchange with ticker KOOV. The last closing price for Koovs was 36.50p.
Koovs has a 4 week average price of 35.75p and a 12 week average price of 35.75p.
The 1 year high share price is 96.75p while the 1 year low share price is currently 28.25p.
There are currently 149,683,691 shares in issue and the average daily traded volume is 226,577 shares. The market capitalisation of Koovs is £53,511,919.53.
22/5/2017
15:24
harebridge: Peel Hunt Trims Koovs PLC (KOOV) Target Price to GBX 80https://transcriptdaily.com/2017/05/22/peel-hunt-trims-koovs-plc-koov-target-price-to-gbx-80.htmlWouldn't be surprised to see a placing at 40p. Funny how the share price has been 'mysteriously' walked down to these low levels prior to a placing announcement.Unless they produce something spectacular this afternoon, looks like Mary Turner, Waheed Alli, Robert Bready & Robert Purcell have really screwed things up here.
19/5/2017
08:17
harebridge: Koovs are clear on their path to profitability.They are clear on their path to positive margins (necessary in emerging sectors/ markets for growing scale).They don't want to borrow money cheaply, only as & when.The lagging share price ISN'T company specific. Demonetisation, the single biggest monetary policy change India has ever seen decimated the sector.Koovs has come out the other side & will resume duties (100% growth). It outgrew the sector & outperformed its rivals.We need to remember that Koovs is a very young company that is scaling growth in the fast growing major economy in the world. E commerce in India is the last great frontier. Early stage growers aren't at all about profits, dividends & share buybacks. That is very naive thinking.
16/5/2017
16:34
bigbigdave: RNS Number : 3374F Koovs PLC 16 May 2017 Koovs plc Share Price Movement Koovs plc ("Koovs", or the "Company") (AIM: KOOV), the fashion-forward business focused on the young Indian e-commerce market, notes the recent movement in its share price and would like to inform the market that it knows of no specific reason for this price movement. The Company reported sales* growth of 87% in its trading update for the financial year to 31 March 2017 announced on 4 April 2017, and continues to see year on year growth. The Company will look to raise additional capital during the course of the year to continue to deliver its growth plans. * Gross sales order value placed through the KOOVS.COM website including taxes. This does not represent the revenue of the Group
12/5/2017
16:30
irishlass2: Thank you for your email and obviously, as you are, I am not happy about the 7% reduction in the share price. I do not know of any reason why it would have moved so sharply today but given the volatility of our share price I do not think we can start to do RNS releases for this level of movement. The previous price movement announcement we did when the price spiked was at the request of AIM and for a far bigger move. The current trading today accounts for only 0.2% of our issued share capital and our 52-week low price is 25p, so may well be someone taking profits from a previous trade. I still believe we offer a very good long term opportunity to invest in the growth of ecommerce in the Indian ecommerce market. Kind Regards Rob Rob Pursell Group CFO KOOVS_Signature
04/1/2017
12:31
harebridge: A superb post wasted elsewhere. hafizarslan88 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!
28/12/2016
23:41
hafizarslan88: 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!
05/9/2016
12:57
harebridge: Paul Scott (Paulypilot) update on Koovs on Stockopedia. He clearly hates the stock, calling buyers 'muppets'. Not sure where the hatred comes from. Either has history with management or missed a good entry point when he was slating this at 12p Koovs (LON:KOOV) Share price: 64p (up 7.6% today) No. shares: 149.7m Market cap: £95.8m Trading update - this online retailer is trying to become the Asos for India. I remain very cautious about this company, because it is still a million miles away from demonstrating that it has a viable business model. The model Koovs has adopted is to throw huge amounts of money at marketing, in order to drive customers to its website. Marketing spend is the major issue that fashion websites have - barriers to entry are minimal, but you then have to spend serious marketing bucks in order to drive traffic to your website. So whilst Koovs can publish exciting-looking top line growth figures, as it has done again today, the actual amounts are still very small. It only achieved £5m sales (tax inclusive) in the 4 months to 31 Jul 2016. Sure that's up 115% year-on-year, but is still tiny. Moreover, we're not told what level of marketing spend, nor overall losses, were incurred to achieve this fairly trivial level of sales. Heavily loss-making, cash-burning companies like this are always reluctant to publish the figures that matter - losses, cash burn, and remaining cash. Sure enough, I can't see any of those key figures mentioned today by Koovs. Instead, a lot of other KPIs are given, which are largely irrelevant as far as I'm concerned. One KPI which alarms me is that the company now has 10,100 product lines! So they must have a large warehouse full of stock, yet is selling only a small amount of it. That doesn't sound like good business to me, at all. If you look at how successful online retailers have grown, e.g. Boohoo.Com (LON:BOO), they specialised in key product categories first, e.g. dresses. Then once critical mass had been achieved in sales & profitability, then gradually expanded the product ranges into other categories. This is the sensible way to do it. Whereas Koovs has taken, in my view a potentially disastrous approach of trying to run before they can walk. The result is large, ongoing cash burn, and a requirement for more fundraising in future. Note this comment today; Koovs continues with its phased capital raising to support the Company's three-year business growth plan. I reckon they came close to failure with the last fundraising, it looked knife-edge stuff. Who's to say investors will be happy to continue pouring in more money? Existing shareholders are in a very risky position, facing continued, unknown extent dilution. I would never invest in anything like that, as it usually goes wrong. Overall - if you like punting on blue sky stuff, then every now and then you might win big. However, in the vast majority of cases, the losses will be 90-100%. Maybe Koovs will work out, who knows? All I'm saying is that, to date, there is no evidence to suggest this is going to become a viable business any time soon. It needs further cash to continue its high cash burn in the meantime, so people are really taking a big risk here. I hope it works out for holders, but it's far too risky & over-valued for me. I'd rather stick with profitable, growth companies in this sector, which have already proven they are viable, and have no further funding requirement - e.g. Boohoo.Com (LON:BOO) and MySale (LON:MYSL) , both of which I currently hold long positions in.
03/6/2016
12:22
market master: 4 reasons why 'Sharepickers' chose this: KOOVS 1. Management Koovs has been given the tag, “Asos copycat”. This is not just because it’s business is online fashion or that the website looks uncannily like Asos’s but because it’s management are also ex-Asos. If you need a reminder, Asos to date, is the most successful AIM stock in history. If you’d invested £1000 when it first floated you could have made approximately £160,000, that’s a 15,900% return! LORD WAHEED ALI Lord Waheed Ali joined the Board in 2012, having been Chairman of ASOS plc between 2000 and 2012. He has extensive knowledge of international fashion, coupled with a keen eye for innovation. Lord Alli’s vision is to develop Koovs.com as the fashion retailer of choice in India. Lord Alli was appointed to the House of Lords in 1998 and is currently Chairman of Silvergate Media Limited, part of a group of media companies which specialises in children’s television, publishing and merchandising. Mary Turner, aged 57 – Chief Executive Officer MARY TURNER Mary was Chief Executive of AlertMe.com, a pioneer in the “internet of things” technology which powers the UK’s leading smart homes solution, Hive Active Heating, acquired by British Gas in May 2015. Previously she was Managing Director and Chief Executive Officer of Tiscali UK Limited from 2001 to 2009 and was a non-executive director of ASOS plc between 2009 and 2013. Robert Bready, aged 47 – Chief Creative Officer ROBERT BREADY Robert began his career at River Island, holding a variety of merchandising roles in womenswear and menswear. In 1997, he moved to the Arcadia Group, spending eight years working across young fashion retailers including Miss Selfridge and TopMan, eventually becoming Senior Executive for the Miss Selfridge brand. Robert was the Product Director of ASOS plc between 2006 and 2012. These are people who not only have excellent track records in online fashion but know the market they’re selling to. They also have ambition to make Koovs into India’s one-stop digital fashion website over the next 5 years. 2. Share Price KOOVS SHARE PRICE As I pointed out above the management have the ambition to make it the number one fashion website over the next 5 years. This takes a lot of investment and therefore fundraising. The management have outlined a plan to raise £35m over the next 3 years. This may put some investors off as it seems that this fundraising would be extremely dilutive to existing shareholders should they use equity placings to raise these funds. First and foremost, £5.6m of this has already been raised, through two tranches. The first tranche was through directors who subscribed to £1.1m million of shares at 37P. The second tranche of raising happened on 11th January by issuing 17,800,000 new ordinary shares at 25p to raise £4.5 million. The share price is currently at 15.875p, way below what these two fundraising were placed at. You may think that this share price can only go down again, what with further placing planned to happen. Maybe but they have just under 3 years to raise £29.4m or £9.8m per year. Even if they maintain their current level of sales (this is very conservative as they are achieving triple digit growth, see below) I would be very surprised if their revenue didn’t exceed £9.8m this year. 3. Sales and Stats This is the last trading update for the 14 weeks to 3rd January 2016: – 210% sales growth to INR295.6m (£2.96m). – Increased brand awareness from 1% to 8% (according to Campaign Watch from mConsult). – 98% increase in website visits and 75% increase in conversion rates year on year. – Weekly traffic exceeded one million visits per week for the first time; a 40% increase from the start of the marketing campaign. For the last three months of 2015 they achieved sales of £2.96m. This is pretty much double the sales they achieve in the 6 months up until September 2015 which were £2.8m and almost double the sales they achieved in the 12 months up until March 2015, which were £2.7m. So as I pointed out above, even if they maintain these sales figures, on a quarterly basis, they’ll achieve a revenue of £11.84m. Should they double their revenue every 3 months, as they have been doing, then they’d achieve over £40 million in revenue for this year. This company’s market cap is less than £4m. 4. The Market Population wise, India is the 2nd biggest in the world with 1.25 billion people. The Indian e-commerce market is undergoing exceptional growth. The lifestyle e-commerce market is estimated to increase by 5-times to £7.5bn by 2020, driven by the rise of the internet-connected middle class in key urban centres. Koovs’ strategy is to access this growth market and to build Koovs.com into India’s number one affordable western fashion destination by 2020 with a focus on growing market share to greater than 10pc. Their brand awareness in their last update, after their marketing campaign, went up from 1% to 8%. Asos does not have a presence in India but they’re always expanding. If and when they do decide to expand into India do you think they will try to compete with Koovs? Or just buy it and re-brand it? After all it’ll wouldn’t take a lot of design changes to the website. http://www.sharepickers.com/4-reasons-why-i-bought-koovs-koov/
30/5/2016
11:34
harebridge: 4 reasons why 'Sharepickers' chose this:KOOVS1. ManagementKoovs has been given the tag, "Asos copycat". This is not just because it's business is online fashion or that the website looks uncannily like Asos's but because it's management are also ex-Asos.If you need a reminder, Asos to date, is the most successful AIM stock in history. If you'd invested £1000 when it first floated you could have made approximately £160,000, that's a 15,900% return!LORD WAHEED ALILord Waheed Ali joined the Board in 2012, having been Chairman of ASOS plc between 2000 and 2012.He has extensive knowledge of international fashion, coupled with a keen eye for innovation. Lord Alli's vision is to develop Koovs.com as the fashion retailer of choice in India. Lord Alli was appointed to the House of Lords in 1998 and is currently Chairman of Silvergate Media Limited, part of a group of media companies which specialises in children's television, publishing and merchandising.Mary Turner, aged 57 – Chief Executive OfficerMARY TURNERMary was Chief Executive of AlertMe.com, a pioneer in the "internet of things" technology which powers the UK's leading smart homes solution, Hive Active Heating, acquired by British Gas in May 2015.Previously she was Managing Director and Chief Executive Officer of Tiscali UK Limited from 2001 to 2009 and was a non-executive director of ASOS plc between 2009 and 2013.Robert Bready, aged 47 – Chief Creative OfficerROBERT BREADYRobert began his career at River Island, holding a variety of merchandising roles in womenswear and menswear. In 1997, he moved to the Arcadia Group, spending eight years working across young fashion retailers including Miss Selfridge and TopMan, eventually becoming Senior Executive for the Miss Selfridge brand. Robert was the Product Director of ASOS plc between 2006 and 2012.These are people who not only have excellent track records in online fashion but know the market they're selling to. They also have ambition to make Koovs into India's one-stop digital fashion website over the next 5 years.2. Share PriceKOOVS SHARE PRICEAs I pointed out above the management have the ambition to make it the number one fashion website over the next 5 years. This takes a lot of investment and therefore fundraising. The management have outlined a plan to raise £35m over the next 3 years.This may put some investors off as it seems that this fundraising would be extremely dilutive to existing shareholders should they use equity placings to raise these funds.First and foremost, £5.6m of this has already been raised, through two tranches. The first tranche was through directors who subscribed to £1.1m million of shares at 37P.The second tranche of raising happened on 11th January by issuing 17,800,000 new ordinary shares at 25p to raise £4.5 million.The share price is currently at 15.875p, way below what these two fundraising were placed at.You may think that this share price can only go down again, what with further placing planned to happen. Maybe but they have just under 3 years to raise £29.4m or £9.8m per year. Even if they maintain their current level of sales (this is very conservative as they are achieving triple digit growth, see below) I would be very surprised if their revenue didn't exceed £9.8m this year.3. Sales and StatsThis is the last trading update for the 14 weeks to 3rd January 2016:– 210% sales growth to INR295.6m (£2.96m).– Increased brand awareness from 1% to 8% (according to Campaign Watch from mConsult).– 98% increase in website visits and 75% increase in conversion rates year on year.– Weekly traffic exceeded one million visits per week for the first time; a 40% increase from the start of the marketing campaign.For the last three months of 2015 they achieved sales of £2.96m. This is pretty much double the sales they achieve in the 6 months up until September 2015 which were £2.8m and almost double the sales they achieved in the 12 months up until March 2015, which were £2.7m.So as I pointed out above, even if they maintain these sales figures, on a quarterly basis, they'll achieve a revenue of £11.84m. Should they double their revenue every 3 months, as they have been doing, then they'd achieve over £40 million in revenue for this year. This company's market cap is less than £4m.4. The MarketPopulation wise, India is the 2nd biggest in the world with 1.25 billion people.The Indian e-commerce market is undergoing exceptional growth. The lifestyle e-commerce market is estimated to increase by 5-times to £7.5bn by 2020, driven by the rise of the internet-connected middle class in key urban centres.Koovs' strategy is to access this growth market and to build Koovs.com into India's number one affordable western fashion destination by 2020 with a focus on growing market share to greater than 10pc.Their brand awareness in their last update, after their marketing campaign, went up from 1% to 8%.Asos does not have a presence in India but they're always expanding. If and when they do decide to expand into India do you think they will try to compete with Koovs? Or just buy it and re-brand it? After all it'll wouldn't take a lot of design changes to the website.http://www.sharepickers.com/4-reasons-why-i-bought-koovs-koov/
27/4/2016
13:12
harebridge: KOOVS1. ManagementKoovs has been given the tag, "Asos copycat". This is not just because it's business is online fashion or that the website looks uncannily like Asos's but because it's management are also ex-Asos.If you need a reminder, Asos to date, is the most successful AIM stock in history. If you'd invested £1000 when it first floated you could have made approximately £160,000, that's a 15,900% return!LORD WAHEED ALILord Waheed Ali joined the Board in 2012, having been Chairman of ASOS plc between 2000 and 2012.He has extensive knowledge of international fashion, coupled with a keen eye for innovation. Lord Alli's vision is to develop Koovs.com as the fashion retailer of choice in India. Lord Alli was appointed to the House of Lords in 1998 and is currently Chairman of Silvergate Media Limited, part of a group of media companies which specialises in children's television, publishing and merchandising. Mary Turner, aged 57 – Chief Executive OfficerMARY TURNERMary was Chief Executive of AlertMe.com, a pioneer in the "internet of things" technology which powers the UK's leading smart homes solution, Hive Active Heating, acquired by British Gas in May 2015.Previously she was Managing Director and Chief Executive Officer of Tiscali UK Limited from 2001 to 2009 and was a non-executive director of ASOS plc between 2009 and 2013. Robert Bready, aged 47 – Chief Creative OfficerROBERT BREADYRobert began his career at River Island, holding a variety of merchandising roles in womenswear and menswear. In 1997, he moved to the Arcadia Group, spending eight years working across young fashion retailers including Miss Selfridge and TopMan, eventually becoming Senior Executive for the Miss Selfridge brand. Robert was the Product Director of ASOS plc between 2006 and 2012.These are people who not only have excellent track records in online fashion but know the market they're selling to. They also have ambition to make Koovs into India's one-stop digital fashion website over the next 5 years. 2. Share PriceKOOVS SHARE PRICEAs I pointed out above the management have the ambition to make it the number one fashion website over the next 5 years. This takes a lot of investment and therefore fundraising. The management have outlined a plan to raise £35m over the next 3 years.This may put some investors off as it seems that this fundraising would be extremely dilutive to existing shareholders should they use equity placings to raise these funds.First and foremost, £5.6m of this has already been raised, through two tranches. The first tranche was through directors who subscribed to £1.1m million of shares at 37P.The second tranche of raising happened on 11th January by issuing 17,800,000 new ordinary shares at 25p to raise £4.5 million.The share price is currently at 15.875p, way below what these two fundraising were placed at.You may think that this share price can only go down again, what with further placing planned to happen. Maybe but they have just under 3 years to raise £29.4m or £9.8m per year. Even if they maintain their current level of sales (this is very conservative as they are achieving triple digit growth, see below) I would be very surprised if their revenue didn't exceed £9.8m this year. 3. Sales and StatsThis is the last trading update for the 14 weeks to 3rd January 2016:– 210% sales growth to INR295.6m (£2.96m).– Increased brand awareness from 1% to 8% (according to Campaign Watch from mConsult).– 98% increase in website visits and 75% increase in conversion rates year on year.– Weekly traffic exceeded one million visits per week for the first time; a 40% increase from the start of the marketing campaign.For the last three months of 2015 they achieved sales of £2.96m. This is pretty much double the sales they achieve in the 6 months up until September 2015 which were £2.8m and almost double the sales they achieved in the 12 months up until March 2015, which were £2.7m.So as I pointed out above, even if they maintain these sales figures, on a quarterly basis, they'll achieve a revenue of £11.84m. Should they double their revenue every 3 months, as they have been doing, then they'd achieve over £40 million in revenue for this year. This company's market cap is less than £4m. 4. The MarketPopulation wise, India is the 2nd biggest in the world with 1.25 billion people.The Indian e-commerce market is undergoing exceptional growth. The lifestyle e-commerce market is estimated to increase by 5-times to £7.5bn by 2020, driven by the rise of the internet-connected middle class in key urban centres.Koovs' strategy is to access this growth market and to build Koovs.com into India's number one affordable western fashion destination by 2020 with a focus on growing market share to greater than 10pc.Their brand awareness in their last update, after their marketing campaign, went up from 1% to 8%.Asos does not have a presence in India but they're always expanding. If and when they do decide to expand into India do you think they will try to compete with Koovs? Or just buy it and re-brand it? After all it'll wouldn't take a lot of design changes to the website.http://www.sharepickers.com/4-reasons-why-i-bought-koovs-koov/
Koovs share price data is direct from the London Stock Exchange
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