Koovs Share Discussion Threads

[harebridge] 04/1/2017 12:31

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!

[bittorrent] 04/1/2017 12:24

I would imagine that with modern software Koovs know pretty much in real time how trading is going, which garments are trending etc. Maybe this is why we are seeing the tick up?

[market master] 04/1/2017 12:06

Very true 2017 IS GAME TIME and you have to be in it to win it :-)

Have a feeling the trading update will be excellent........

[harebridge] 04/1/2017 12:03

As Koovs themselves pointed out......

[bittorrent] 04/1/2017 11:59

Thanks for the reply Harebridge, I suspected as much.

[market master] 04/1/2017 11:58

I think this will be trading in the 50's very soon.

[kevinjwsmith] 04/1/2017 11:56

not behind time it started to move up again

[nicksig] 04/1/2017 11:55

Someone just paid over the ask for 20k so stock starting to tighten up by the looks of it

[harebridge] 04/1/2017 11:51

Bitt- those that say they have shorts in this are blatantly lying. I could open one on my spread betting account IG, but the spread is ridiculous. Minimum of £1 a point with them. Any slight movement like today & they're screwed.Watch as these amateurs slither away over the coming few days.

[bittorrent] 04/1/2017 11:47

Just out of interest, I am a holder and not planning to do it, but is is possible to short KOOVS? Could you do it with a CFD, would brokers accept it?

[nicksig] 04/1/2017 11:28

Well someone bought 8 shares earlier. One day they will invent market makers that actually make markets

[harebridge] 04/1/2017 11:04

Sentiment creeping back, can't even buy 10 shares, but they'll take shed loads off me!

[rackers1] 04/1/2017 10:38

have you bought anything other than koovs and boo last two years harebridge ?

[harebridge] 04/1/2017 10:34

News is steadily creeping out of India that demonetisation was just a temporary blip.

The biggest fashion player in India Myntra saw sales of £10 million within the first 20 minutes of it's 'End of Reason' sale which started on the 3rd Jan.

Many Investors were spooked by demonetisation- but the tech savvy Indians have overcome this 'blip' & are bouncing back stronger than ever.

2017 really is Game Time in India!

Watch the smart money come in

Watch & learn ; )

[monkeywench1] 04/1/2017 09:55

Don't believe the rampers. They suck you in then sell out.

[market master] 04/1/2017 09:52

Yesterday could buy up to 45k shares on line, now max online buy is 15k at full ask!

I believe another tick up is imminent.... monkey close that short, tick,tock,tick...

[bittorrent] 04/1/2017 09:51

Yes encouraging to see these bigger trades, not likely to be PIs so is an II buying? Results for the 14 weeks to end of 2016 should be out next week.

[market master] 04/1/2017 09:44

Try telling that to the constant buyers, another 40k just bought that's £18k.

Smart monkeys are buying, silly monkeys are shorting.

[harebridge] 04/1/2017 09:42

Bid & Ask creeping up as some smart money starts to creep in.Can see a few more spread betting accounts getting blown up as small time Micky mouse traders opened up shorts at the bottom- priceless!

[monkeywench1] 04/1/2017 09:32

It will soon be down.

[market master] 04/1/2017 09:30

And there's the tick up, should be a delayed buy showing up later...

[market master] 04/1/2017 09:17

100% buys so far this morning, looks like tick up coming!

[bad gateway] 04/1/2017 07:35

Whilst you're congratulating yourself on being such a smart monkey you might want to know my last trade was a 16k sell on these 8 oclock on the day of the T.U
Hasn't been much point ramping since then really monkey.