Koovs Share Discussion Threads

[mister md] 23/12/2016 12:56

"he has poored millions into this" - unfortunate typo in there ;)

[mcpaulas] 23/12/2016 12:39

Yeh greed is good.

[harebridge] 23/12/2016 12:37

Don't know how the Chairman Lord Waheed Alli sleeps at night. He's got 38 million shares in this one!

[mcpaulas] 23/12/2016 12:35

Alli spent over a million of his own money on the last placing, he knows where this is going.

[catswhiskas] 23/12/2016 12:17

In January this will be right back down to where it was in January this year IMHO.

[mcpaulas] 23/12/2016 12:17

I am with ali as he has poored millions into this,and continues to buy shares on every placing.This is almost a re-run of the early days of ASOS.This thread is using the same old script.

[st0n3] 23/12/2016 12:15

Break even on 2020? Who is going to supply them with cash and carry the baby so long?
This company will get bust long before 2020.
harebridge, I do hope you got out with your 20k purchase at 70p long before today, but in case you are still in, for your sake man, please google this term:
"confirmation bias"

Merry Christmas to all.
PS: Yes this is my first post in ADVFN, and yes I'm a good soul and do care for people who have put so much effort in something and I hate to bring the bad news but... WAKE UP NEO! This is going bust and all signs are there, you just need to open your eyes.

[peteark] 23/12/2016 12:14

Valuation should be in the region of 5m - 15m, even then it needs a favourable wind

[harebridge] 23/12/2016 12:12

Monnow- good luck. I estimate cash for one more year. They just cannot control their ridiculous spending. Unfortunately, I can't sell my large holding on the open market & was substantially adding in the 70's!This has set me back at least a year.Annoyed that they did a placing at such a huge discount when the share price was in the 70's only a couple of weeks earlier.Annoyed at all the waffle Mary Turner came out with in yesterday's Interims, but couldn't back it up with good enough figures.Not half as annoyed as the funds & Institutions who must feel like they've been duped.Very little buying, very little interest.

[mister md] 23/12/2016 12:03

Its kind of a venture capital situation - suppose it does become big (and I genuinely hope it does), only those who participate in fundraising after fundraising benefit in the long term, the rest just get diluted into oblivion ?

[catswhiskas] 23/12/2016 11:55

I'm amazed after yesterdays results this still has a market cap of £70 million its like the condemned man waiting to be hanged and the trap door wont open !

[monnow] 23/12/2016 11:54

Just sold, I dont think this company have got thee cash needed to achieve what they want. It will be at the expense of shareholders. I am going to follow closeley and may re enter when this pecipitous cash burn slows and profit looks closer. All the best Hare bridge .

[puzzler2] 23/12/2016 11:45

Exactly! - that is why this is such a basket case.

[mister md] 23/12/2016 11:39

Can understand they are loss making for now, but surely gross profit before overheads should be positive not negative ?

[harebridge] 23/12/2016 11:36

If any genuine shareholders have any concerns, write to the CFO Robert Pursell who acts as the company secretariat.COMPANY SECRETARIALCompany SecretaryRobert PursellRegistered officeYork House23 KingswayLondonWC2B [e-mail] they're out of the closed period, maybe some of the senior management need to start buying a few shares. New institutions/ funds must be asking a few questions.

[catswhiskas] 23/12/2016 11:35

For me this remains a short to a sensible market cap I mean 70 million for a company going through cash at this rate and no profits until 2020 no way .

[maloneyt] 23/12/2016 11:25

So, where to next. I have lost almost have my investment in this since buying in July. What a FU

[kidknocked] 23/12/2016 10:59

Whoops ! Rackers doing his nuts on this as well as Tern. Well I never ! Lol

[rackers1] 23/12/2016 09:59

this burns cash faster than the NHS ffs

[irishlass2] 23/12/2016 09:46

Hare, I think we are doing ok. Most stocks go down on results day, as all the traders try and sell. All sells today but the MMs are still offering above the sell price. Good sign that someone has put in a large buy order.

[harebridge] 23/12/2016 09:12

The markets obviously weren't impressed with all the waffle from Mary Turner & Waheed Alli.The next trading update will be next month for the three months October, November (month of demonetisation) & December.The last one showed sales of £2.96 million. They really need to be looking to doubling this to around £6 million.

[escapetohome] 23/12/2016 08:33

So perhaps a long term play at these prices?

[harebridge] 23/12/2016 08:16

Mentioned in todays Daily Mail

How upstart fashion store Koovs managed to get round Indias cash crisis