Koovs Share Discussion Threads

[harebridge] 21/11/2016 18:11

Cheers for that Pete. Tomorrow will be very interesting."Admission and dealings in the Placing Shares and the Subscription Shares are expected to take place at 8.00 a.m. on 22 November 2016"Hopefully there'll be the obligatory drop & all the 50p buy orders can be filled for all you guys. Then hopefully we'll be off to the races!

[petewy] 21/11/2016 18:02

I emailed Friday night Kooves for an interims date in December:

Regarding your email I cannot confirm the exact day they will be released but it will be not dissimilar from last year.
Kind Regards
Rob
Rob Pursell
Group CFO

Quick reply (efficient). So Like last year it's Dec 22nd ish.

[seans66] 21/11/2016 16:49

Cheers Harebridge.

This is a new approach I am trying as I am usually terrible at buying!!

Of course I will miss out now and then, but if I can improve my average buy price by 5-10%, then it will make a big difference. Also takes the emotion out of it.

New strategy but so far its work quite well.

[harebridge] 21/11/2016 16:25

Yes Sean, growth companies like this definitely get punished when markets are not impressed (like now when a placing was conducted at a 33% discount to the price of a few weeks ago).As for a slowdown in growth, can't see that for a while (I still maintain an increase in revenues of 180% in forthcoming Interims).What the market will look for will be a slowdown in the ridiculous spending.Good luck with accumulating here. I'm maxed out here for now.

[seans66] 21/11/2016 16:17

Harebridge

You are probably right that a 50p limit order could well not get filled. However volatility is a fact of life on these type of growth tech companies and you have to tried to take advantage of this if you can.

I already have just over 5000 shares and am looking to accumulate more over the next 12 months. Once this company disappoints the market (which it will at some point) then the share price will be punished. So if the next update shows any slow down in growth, then I would expect the share price to fall below 50p and possibly a lot lower.

[harebridge] 21/11/2016 14:28

I wonder how many buy orders are in at 50p on the order book? Good luck to those that get in at that price.
I remember stubbornly waiting for 25p at the last placing. It didn't quite get there & all the buying started. I had to wait quite a while before being able to buy large amounts at a much higher price.

The problem here is the illiquid nature of the share. With the new share capital, I'd say that less than 10% is in free float. The rest tied up by Institutions & Directors.
E commerce in India is at an inflection point & the Chairman Lord Alli would not want to see the likes of Amazon India, Flipkart & Snapdeal gobble up Koovs on the cheap as they jostle for top position.

[seans66] 21/11/2016 14:20

Yes I have a limit order for 50p too.

[taurusthebear] 21/11/2016 14:20

Who said I didn't have any? I'd rather miss out on more than have the MMs screw me over on another treeshake. :0)

[bad gateway] 21/11/2016 14:13

Good luck with your targets both, I cracked and started picking a few up here. Want 50p too but the last few days looks like a bottoming pattern to me and I'm fed up with missing shares cus I'm waiting on that extra couple of pence.

[taurusthebear] 21/11/2016 14:04

Yes, it's an exercise in patience putting my 50p buy order in every day. :0)

[isaready] 21/11/2016 13:18

This will test 50p, it's normal to do so after a placing.

[freddie01] 21/11/2016 11:55

Apologies. Off Topic

Harebridge

ADVFN wont allow the code to be posted on it's own but this should help.

[hyper al] 21/11/2016 10:53

E-commerce growth in India is about to rocket



From above link: -

"Amazon India spokesperson reveals to IOS,

“In the last two days, electronic payments at doorstep have gone up by a factor of 10X. This clearly indicates that customers are able to adapt to electronic payment methods when cash is constrained. We continue to focus on incentivizing and helping people shift to making payments electronically online, aligned with the government’s focus. Today, we have launched an offer for customers to go cashless – customer can load their Amazon gift card balance and get an instant incentive of 15% / max. Rupees 300. discount at checkout. We will continue to improve serving our customers on electronic payment methods both at the time of order and at the doorstep.”"

[taurusthebear] 20/11/2016 13:09

Depends how many they stock each time. Many thousands, one would hope, but maybe not with the first run, to see how they go. :0)

[harebridge] 20/11/2016 10:10

As our banknotes turned worthless overnight last week, more and more of us are now taking the e-tail route for our fashion fix. Online stores are reporting sharp spikes in revenue, and many new customers are discovering that virtual shopping is convenient and fun.

[hyper al] 19/11/2016 23:43

Blimey, Koovs really do have most of Bollywood on their books!

Just look at all the videos connected with the one in my last post.

[hyper al] 19/11/2016 23:36

Quick Fire Round with Gauri & Nainika | #GauriNainikaXKOOVS

[harebridge] 18/11/2016 21:14

Fearless delivery men on bikes cater to India's new class of 'shopaholics'By Bloomberg NewsHe and thousands of fellow delivery men are foot soldiers in a hard-fought battle pitting Flipkart against domestic rival Snapdeal.com and US leviathan Amazon.com Inc., all tussling for dominance in a market that Morgan Stanley expects to explode more than tenfold to $137 billion by 2020 from $11 billion in 2013. Flipkart is clinging to a narrow lead as Amazon pours billions of dollars into India.http://www.businessmirror.com.ph/fearless-delivery-men-on-bikes-cater-to-indias-new-class-of-shopaholics/

[isaready] 18/11/2016 20:45

yes 10 fold, so it's a new emerging market on many fronts . It's almost the UK 10 years ago.

There is room for all players.

[harebridge] 18/11/2016 17:03

Jeff Bezos Invests Billions to Make Amazon a Top E-Commerce Player in IndiaMeanwhile, Amazon isn't the only one with deep pockets. Chief U.S. rival Wal-Mart Stores Inc. is in talks to invest in Flipkart.Still, if Amazon's wager on India works out the country could become a pillar of the company's growth for years. While e-commerce sales in India remain relatively tiny, at about $11 billion, they are likely to grow 10 fold in a decade, Goldman Sachs estimates.http://www.wsj.com/articles/bezos-invests-billions-to-make-amazon-a-top-e-commerce-player-in-india-1479384001

[harebridge] 18/11/2016 12:09

Peel Hunt Gives Koovs Plc Ord 1p Price Target With Potential 81.82% UpsidePeel Hunt gave the share price of Koovs Plc Ord 1p a price target of 100 meaning the broker expects a potential upside of 81.82% from Koovs Plc Ord 1p's current market price of 55.

[hyper al] 18/11/2016 08:30

nashwan123

You did well getting the shares, normally not many available, but a few extra in the market just now after the fundraising, once they are in safe hands, share price I think will start moving north again and quite quickly.

[geheimnis2] 18/11/2016 08:25

Mmmmm thanks hyper

Surprised that Paul Scott is still trolling away on this one

He is clearly wrong in my view

[nashwan123] 18/11/2016 08:25

I'm a BOO holder but RSI is so oversold here I've just picked up £10k