Koovs Share Discussion Threads

[telbap] 17/11/2016 12:33

When are results due?

[isaready] 17/11/2016 12:07

miti, I guess it will be when will the losses start to show a fall, that's the ey. Still, growth is key, lead is key and its a matter of can they keep going while the likes of Amazon and others play in this market.

[dgbell7] 17/11/2016 11:03

totally agree with you miti,the concern with 2019 is whether there would be further dilutions on the way.

[miti 1000] 17/11/2016 11:01

On the negative side , I'd agree with Pp that getting to profit is still a long way of considering the money they have raised. 2019 , I believe is what they have alluded to so far to get to profitability. 2019 seems a long time to wait .

On the bright side , once the market gets an inkling that Koovs has turned the corner and starts reducing those losses, we should get a very big rally imo in advance of actually getting anywhere near profit.

[dgbell7] 17/11/2016 10:44

very encouraging price move today.

[miti 1000] 17/11/2016 10:43

Hyper Al,

Re , your point made in post 1513. Its extremely well made. Well found.

I actually won the 2004 uk stockchallenge on the back of picking asos .Needless to say, I bought 500k shares at 5p and sold for around 5.5p in real money, sadly. Loads of us seem to have that story.

hxxp://www.stockchallenge.co.uk/

[hyper al] 17/11/2016 10:39

Just looking at the Koovs Android app



Over 1 million installs, that's not bad going.

I do like the way they give feedback on the reviews, that is a real positive as they do need to reduce the number of negative reviews.

Not sure how many downloads the apple app has had.

[hyper al] 17/11/2016 10:22

As you would expect from one of our shareholders

[harebridge] 17/11/2016 09:57

Well done Irishlass- you were spot on with the 50p placing!

Now just keep a look out for the rns later as to who took up the last 4 million shares in the oversubscribed placing.

[geheimnis2] 17/11/2016 09:45

KOOVS are playing it more like a US start up

Going in boldly and going for scale

I think it will work

[irishlass2] 17/11/2016 09:39

In for another 10000.

[hyper al] 17/11/2016 09:30

isaready

Nothing against paulypilot provided he sticks within the rules.

[isaready] 17/11/2016 09:21

I'd not worry what paulypilot says, you win some, you lose some. Ones lost opportunity is anothers winning opportunity. There is no guarantee this will be successful, but if they manage the growth right, keep a tight ship, it will at leats gain traction and grow as we hoped towards the top end of their own expectations.

[toolsmoker] 17/11/2016 09:01

Up we go no pi's will get any stock they will be buying in the mkt can see this in the 70s within a few weeks

[harebridge] 17/11/2016 08:57

Pete- actually 90% of shares are now in safe hands with Institutions & Directors.That now only leaves 10% of all shares in the public domain, hence the illiquidity.There's no chance of Amazon India, Myntra & Snapdeal taking Koovs out on the sly.The big players in India are all currently investing to establish themselves as top dog.Koovs will definitely catch up- just look at what they're doing on social media.

[lazytrader] 17/11/2016 08:53

Servus from Germany !

This Is a Once-in-a-Lifetime Buying Opportunity!!

Koovs is my biggest holding! I investigate the stock since ipo. There is no better way to benefit from the growth of ecommerce in india.

I wish all of us a lot of success and many Euros and pounds ;)

[petewy] 17/11/2016 08:46

to P Pilot 24.4% of shares are held by Institutional Investors including HGG whom I place faith in. See:

[harebridge] 17/11/2016 08:25

CEO Mary Turner added last night:"At this point, we are on track to deliver our business plan and strategy of doubling our revenue YoY for FY18 to 230% from the current revenue growth of 115%," Turner said. The company claims that margins from its private label category (which forms 40% of its collection) comprise 55% and isconfident of reaching break even on net profit by the end of fiscal 2019.

[market master] 17/11/2016 08:19

I remember from last placing at 25p there were the usual nervousness for few days before the share price blasted up to over 90p. The fact is these new investors are here for the long term and can see the share price going over £1 within weeks.

Koovs is gaining popularity amongst the Bollywood crowd and will soon be on more radars.

Closing up today will be a great vote of confidence.

[dgbell7] 17/11/2016 08:07

Harebridge I trust you are right, maybe 55p will prove to be the floor not 50p.you must own a decent slice of this whole company by now. This has been a toe tipping exercise for me but I will look to build on that.

[geheimnis2] 17/11/2016 08:00

I think this will see 80p this year

Just a thought of course?

[harebridge] 17/11/2016 07:59

dg, hopefully the buying continues from yesterday to push this back over 60p soonish

[dgbell7] 17/11/2016 07:57

Sorry to see things getting so heated on here. Passion either way about this share is great but I don't like to see it getting personal.for today, I hope I'm wrong but I think this share may be heading to 50p short term.

[harebridge] 17/11/2016 07:37

Management, management, management. When Koovs Chairman Lord Alli was at the helm of ASOS, he took the share price from 4p to £20. This media mogul has achieved much since then.
He now holds 38.7 million shares in Koovs (22%) so puts his money where his mouth is.

Watch out for the rns later telling us who took the final tranche in the oversubscribed placing ; )