Koovs Share Discussion Threads

[monkeywench1] 26/12/2016 16:02

There is a lot of ramping of this share. It will be 25p soon enough.

[harebridge] 26/12/2016 14:13

A very good read about Snapdeal, the other big player apart from Amazon India & Flipkart

[harebridge] 26/12/2016 13:06

So many worried non holders here, quite odd. All I can think of is that you're very interested in the proposition here.Is Lord Waheed worried? He bought 1 million shares a couple of weeks back & now holds 38 million shares (22% of the company).How many of you worried folk have actually contacted the company? Not many me thinks.

[dgbell7] 26/12/2016 10:45

After 3 attempts to buy in here , and taking a hit each time, I think I'd be unlikely to do so again unless Koovs was able to show a very dramatic narrowing of losses that lead me to believe profitability was just around the corner. It has made me much more adverse to buying into businesses not in profit. There seems to be some great optimists on this board who are seeing something that I'm missing.Without a big change in fortune in an upcoming interim report its hard to see this going anywhere but down. I never short individual shares so I can genuinely hope I'm wrong as there are some really nice people on here fully committed. I think this company has a lot of problems and in the bigger picture,unfortunately the Indian government shot itself in the foot with the withdrawal of bank notes, here's an article about the effect that's having on the economy from today's WP.

[harebridge] 26/12/2016 09:02

Similar smaller companies without a clear strategy on marketing spend will definitely fail, especially if they don't establish their brand or increase private labels.As an investor with a very close ear to the ground in India, I would like to see 2 things in the end of year Finals1/ an increase in the Koovs private label to over 50% (currently 40%)2/ a year on year improvement in loss.Peel Hunt estimate a loss of £8.8 million for the final 6 months.Demonetisation definitely threw a spanner in the works in the short term, but I'm confident that the proven management will guide Koovs through the e commerce minefield.

[monkeywench1] 26/12/2016 08:50

There will be a lot of money lost here. If only people would learn from their mistakes!!

[puzzler2] 26/12/2016 08:32

I can't believe the optimism I am reading here about an e-commerce company that makes a 20% gross loss. Perhaps we're in a "new paradigm" and "this time it's different". I'm with monkeywrench and 25p in H1 2017.

[harebridge] 25/12/2016 22:58

Trying to value these kind of growth companies (growth & losses at a very similar rate for Amazon India & Koovs) using old school metrics just doesn't work. It's all about gaining market share in the fastest growing economy in the world, whose GDP has just taken over the UK. Everyone is looking for a slice of a very large growing pie. No other e commerce sector is growing as fast as India's. Online fashion is booming in a country whose fast growing middle classes are dominating social media, whose average age is 27 (40 in the Uk).Management, management, management, as they say ; )

[harebridge] 25/12/2016 22:49

Just out, Amazon India losses double to 3,572 CR (that's about £357million)!!!Great timing as a few can't understand how e commerce actually works to gain market share. Dec 26th IndiaAmazon India losses double to Rs 3,572 cr in battle for E-commerce crownAmazon Seller Services' revenues jump by 123% to Rs 2,275 cr for the year ended March 2016, even as cumulative losses mushroomed to Rs 5,637 crThe main India unit of US-based online retail giant Amazon saw its losses more than double to 3,572 crore in the financial year ended March 2016, as it started ramping up spending to go past market leader Flipkart and invest in its infrastructure.The increase in losses from Rs 1,723 crore in the previous financial year indicates that Amazon Seller Services, which earns revenues from commissions and other services to sellers, lost $44 million or about Rs 300 crore per month during the last financial year.This pace of spending is not expected to stop. "Amazon is in a full-fledged customer acquisition mode right now and they will continue their pace in 2017. While till now market share shift to Amazon has been from other players like Snapdeal, in 2017 it could be from Flipkart," said Satish Meena, forecast analyst at Forrester Research.

[geheimnis2] 25/12/2016 15:46

Just a thought?

[monkeywench1] 25/12/2016 15:43

Lol must be true then.

[geheimnis2] 25/12/2016 15:39

Agree with harebridge

This is a land grab

100p or more in 2017

[monkeywench1] 25/12/2016 15:11

Lol nowt so blind as those that don't want to see. When they go below 25p I will remind you of this exchange.

[harebridge] 25/12/2016 14:58

Also remember that the HT Media news with regards to them NOT selling anymore, was released AFTER the market had closed.Good week ahead : )

[monkeywench1] 25/12/2016 14:52

The reason I am confident of 25p ( or less ) gross margin of negative 20%.

[harebridge] 25/12/2016 14:46

The reason I'm so confident of £1 in 2017? I keep a very close ear to the ground with regards to what is going on with Koovs in India & the e commerce sector over there.It's why myself & other members of the 1 million + share club have been adding of late.There was some bad sentiment with HT Media dumping, but that has been cleared up now. I'm expecting an announcement of sorts next week followed by a stellar trading update for October, November & December.Keep up the good work folks ; )

[irishlass2] 25/12/2016 14:41

I think we will see 25p after a 4 for 1 conversion.