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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Koovs Plc | LSE:KOOV | London | Ordinary Share | GB00BHB22S55 | ORD 1P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 2.90 | - | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
Date | Subject | Author | Discuss |
---|---|---|---|
23/1/2017 22:00 | Could be! Although the loss was £9.1 million, not £12 million. Littered with other inaccuracies too. It's a shame that's Koovs aren't updating markets/ shareholders with trading updates after the biggest monetary policy change India has ever seen. Not even informing markets/ share holders with a holdings rns after HT Media dumped 10% of their stock. I personally believe that HT Media are a bunch of chancers looking to cash in on their 25p per share initial investment. They have blatantly lied. When talking about their results in November, they stated that they were looking to sell some in the next quarter, but did it straight away. No holdings rns until they stop dumping. Hopefully Koovs can find another Institution to take their shares. IMHO | harebridge | |
23/1/2017 19:03 | Cancel Koovs Owning the 'ASOS of India' is an attractive prospect, especially when you throw in 151% revenue growth last year. On the one hand, comparisons to ASOS seem apt, given Koovs' strategy to sell own-brand clothing alongside popular international brands such as New Look, Lipsy and even pieces from UK success story Boohoo.Com. Yet unlike ASOS, Koovs is burning through its dwindling cash-reserves at an incredible rate. The company has employed an aggressive strategy, heavily investing in infrastructure and marketing to drive sales. There's nothing wrong with investing ahead of the curve - in fact it's often essential for e-tailers, but I believe Koovs is getting carried away. The company's operations registered a cash loss of £12m in the first half of last year. The business model looks flawed to me and it isn't even profitable at the gross margin level, with product costing £4.8m compared to £4m revenue in the last six months. I believe the company has around £15m-16m cash currently. That barely covers the last six months' cash-burn. That's not to say Koovs wont become the ASOS of India. It very well might. However, such a glamorous status doesn't guarantee shareholder returns and investors are likely to be diluted heavily through further fundraising. That risk, combined with the already demanding £81m market cap for an unprofitable business, in my experience, more often than not results in a painful ride for shareholders. Is this why the big drop. Fool.co.uk | ckafetz | |
23/1/2017 19:03 | Hi Rjd1233 Can you back that up with evidence? | monkeywench1 | |
23/1/2017 18:59 | Hi monkeywench1 think we have had an explanation of KOOVS customer acquisition process which I belive will be the same for the other big eccomerce companies in India. | rjd1233 | |
23/1/2017 18:57 | I don't remember ASOS selling their products at a 20% loss. | monkeywench1 | |
23/1/2017 18:55 | Hi hairbridgem don't you have a bit of concern at the lack of a trading update for the busy Christmas period? No update could indicate a poor trading period for KOOVS? I know that others have had a successful Christmas period but doesnt mean that KOOVS will have?? | rjd1233 | |
23/1/2017 18:27 | Share price under pressure here. Chairman Lord Waheed Alli has seen it all before when he took the share price of ASOS from 4p to over £20 under his reign. | harebridge | |
23/1/2017 07:55 | According to Amazon India, the 'Great Indian Sale' recorded a growth in number of customers opting for cashless transactions than ever before whereby resulting in growth of 360% in new customers shifting to Amazon Pay Balance. | harebridge | |
23/1/2017 07:12 | 25p beckons. | monkeywench1 | |
22/1/2017 23:49 | Cheers Lazytrader- those are monster gains from Amazon In!!"Amazon.In saw remarkable new customer growth in tier III cities, including Patiala (1,084 per cent), Virudhunagar (630 per cent), Sambalpur (475 per cent), Kolhapur (400 per cent) among others," | harebridge | |
22/1/2017 19:52 | Stellar numbers...i.e large losses. | monkeywench1 | |
22/1/2017 18:58 | The Chinese would not buy a company that has to sell its clothes at a 20% loss. | monkeywench1 | |
22/1/2017 17:40 | www.fastcompany.com/ | lazytrader | |
22/1/2017 17:37 | www.financialexpress | lazytrader | |
20/1/2017 11:43 | Nice to see a bit of blue for a change. The Chinese will want a presence in India. | irishlass2 | |
20/1/2017 11:39 | India M&A Hits an All-time High Surpasses 2007 Record US$72.4 billion in 2016, up 97.1% compared to 2015 Once the brand is established, hopefully one of the big guns will swoop. | harebridge | |
19/1/2017 18:39 | According to eMarketer, it's expected that younger generations in India will help drive the number of smartphone users in the country to 267.1 million this year, showing a drastic 19.5 percent increase over 2016.According to reports, the nation's eCommerce market is expected to generate $120 billion worth of revenue by the end of the decade, four times the value of today's market. Researchers point to India as the fastest-growing eCommerce market on the planet.That shuffling of leading markets will come largely on the tailwinds of demographic shifts, such as India's population skewing younger (as 70 percent of the population is under the age of 35) and also emerging more fully into the middle class. The online retail market in that country could grow nearly 30 percent to be worth as much as $63 billion by 2020, according to the research. By 2034, the market will be worth more than $2 trillion, estimates from Worldpay show.http://www.pymn | harebridge | |
19/1/2017 10:38 | Global retailers say selling product at 20% loss is not a good idea. | monkeywench1 | |
19/1/2017 10:30 | Global retailers say India a key market for growth. Jan 19th 2017A Deloitte India spokesperson said: "Global retailers want to grow as India grows. While growth has surpassed most of other global markets, India's retail market is young and promising."The rapid shift to e-commerce is transforming the retail landscape in India. With e-commerce forming an integral part of the overall growth of retail sales, retailers are rationalizing their physical footprint and intensifying their e-commerce presence. "Use of technology and social media is going to be one of the critical factors among the retailers operating in a young, vast and fragmented market like India," the spokesperson said.http://retail.e | harebridge | |
18/1/2017 21:02 | Kooks has one of the lowest gross margins in the industry. - 20% Yes thats minus 20%. They are selling clothes at 20% less than they buy them in at!! Yes its true!! | monkeywench1 | |
18/1/2017 20:28 | "Koovs has outperformed every market benchmark"Koovs 115% sales growth over this period is notably ahead of India's market benchmarks of 50% annual growth in ecommerce, and 75% in online fashion. | harebridge | |
18/1/2017 20:17 | Watch the 1 minute video of Mary Turner, its exactly why I have invested big here & truly believe that Koovs will be massive in India. | harebridge | |
18/1/2017 19:40 | 13 hours without harebridge comments... I wonder if he/she is alright? Hope so. | st0n3 | |
18/1/2017 18:35 | Hmmm that's 10% loss for me in a few days. Need nerves of steel here | ckafetz |
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