Koovs Share Discussion Threads

[ckafetz] 22/5/2017 13:25

Wonder if we will get a price today of what the new
Buyer will be allowed in at

[the monkster] 20/5/2017 09:35

What do you expect from the company's broker sell sell sell ????

[saturn5] 19/5/2017 20:09

watch from the sidelines before you move one step

[harebridge] 19/5/2017 15:57

Reassuring to hear that Koovs & Peel Hunt confirming that the drop wasn't due to Institutional activity.That brings back massive confidence here....I have had correspondence with Peel Hunt & they remain very positive with the story here : )

[king kong dong] 19/5/2017 10:26

I agree with Melody....sit on the sidelines, keep it on a watchlist, but lets see 'em turn a profit

[netcurtains] 19/5/2017 08:41

...but India bought Vodafone to its knees.

[harebridge] 19/5/2017 08:17

Koovs are clear on their path to profitability.They are clear on their path to positive margins (necessary in emerging sectors/ markets for growing scale).They don't want to borrow money cheaply, only as & when.The lagging share price ISN'T company specific. Demonetisation, the single biggest monetary policy change India has ever seen decimated the sector.Koovs has come out the other side & will resume duties (100% growth). It outgrew the sector & outperformed its rivals.We need to remember that Koovs is a very young company that is scaling growth in the fast growing major economy in the world. E commerce in India is the last great frontier. Early stage growers aren't at all about profits, dividends & share buybacks. That is very naive thinking.

[melody9999] 19/5/2017 00:06

James - i would counsel against a long term investment in any loss making company.

Its quite simple. In the long term loss making companies can only survive by raising more funds and that means your holding is diluted and will be worth less.

Profitable companies, by contrast, reward you with dividends or use the excess cash to make acquisitions further increasing their value (see KWS for example) ... or in some cases buyback shares so concentrating your holding.

Maybe KOOVS will demonstrate it is becoming profitable and then it will make a good investment. But in the meantime anyone can sell things at a loss.

[geheimnis2] 17/5/2017 13:53

Hi James

The wording is a little confusing on the website

what it means is:

In India, the private label is only available on Koovs.com

Globally, the private label is available on Koovs and elsewhere ie. souk.com

Hope that clarifies

[nick rubens] 17/5/2017 13:32

twistednik "When is koovs likely to run out of cash? and expectations on when this business will ever be profitable? ??"

Run out of cash- Later/end of this year, but they'll fund-raise before then IMO.

On being profitable? It's a long while yet........but the market is looking much further ahead, hence the £65m valuation.


Broker ForecastsYear Ending

Pre-tax Loss EPS P/E

2017 -£17.09m -11.57p - -3.14 - - -
2018 -£9.19m -6.31 p- -5.77

and ................. anything can happen meanwhile, good or bad.

Are you buying any? :)

[twistednik] 17/5/2017 09:50

a quick question - what brokers do you use for shorting small caps? It would be good to hedge some of my long exposure to other names in the sector.

I have an account with IG but most small caps not available to short...

[twistednik] 17/5/2017 09:47

When is koovs likely to run out of cash? and expectations on when this business will ever be profitable? ??

[harebridge] 17/5/2017 06:08

James- all enquiries need to be sent to Company Secretarial CFO Robert Pursell. The link is on the website under the corporate bit.He gets back pretty [e-mail]

[irishlass2] 16/5/2017 22:24

If, like me, you intend to hold long term as this could make serious money, then there is nothing to worry about. We all know that Koov will have to raise some money later this year. It is not an institutional investor who has sold. Everything seems to be going to plan.

[market master] 16/5/2017 21:59

I can't see what all the fuss is about!

[harebridge] 16/5/2017 21:50

James- I was in before the 25p placing. The same clowns said the next placing would be lower- it was at 50p.This is an illiquid share & a private investor has been clumsily dumping onto the open market- a distressed seller.At least Robert Pursell & Peel Hunt have stated that it is NOT an Institutional Investor. That is a massive relief.

[ksharlandjiev] 16/5/2017 21:42

I think from time to time he finds a broker who is willing to accept a short position :-) so suddenly he is super depressed, saying the obvious, the share price jump from the cliff, he banks some profits and then positive again.Profiting on the back of the "believers", who put there hopes in the market.