Koovs Share Discussion Threads

[adorling] 31/5/2017 20:25

I bought a position at 32.5p today and think we are close to the bottom and may have already got there. I do business in India and Koovs is laying down an exciting fashion footprint. If you can take a 2-3 year investment horizon then this entry price will see multi-bagger returns IMO.

[netcurtains] 31/5/2017 19:34

looking more interesting now, but going back to my Arcadia days (I was "retailer") I'd say could go to 20p.... So I'm not going in yet. Might have missed the boat or not - but so what, lots of other boats. Lets see if it goes into the 20s.

[harebridge] 31/5/2017 19:32

James, I cannot advise you on funding or future market cap.Yes more money will be needed. With decreased losses, increased margins, triple digit growth etc, it will hopefully be at a much higher price.As for market cap, if the proven management team can get it right, then the sky is the limit.If you are constantly going to be worried, then this share is definitely not for you.All I know is that personally, I have great faith in the management team (although it had waivered in the past).They are sincere & most have sacrificed their wages to make this work.

[harebridge] 31/5/2017 18:36

Irish- Boohoo has been around quite a while- but only listed a few years ago, so was privately funded prior to listing.

Not sure about ASOS, but found this interesting rns from 2004, where a director sold 1 million shares, costing him £70 million if he'd held on!!!!!

RNS Number:6770V
ASOS PLC
20 February 2004

ASOS plc

Director Shareholding

The Company was notified today that, ahead of a residential property purchase,
Quentin John Griffiths, Director, today sold 1,000,000 ordinary shares at 8.25p per share by private sale.

OUCH!!!!!

[irishlass2] 31/5/2017 18:03

I didn't follow Asos or Boo, but did they ever need funding?

[harebridge] 31/5/2017 14:59

"Chilton comes with extensive international experience in working with global manufacturers in India, Bangladesh, China and Europe to provide affordable fast-fashion for the UK and western fashion markets."http://www.indiaretailing.com/2017/05/31/fashion/koovs-appoints-fast-fashion-expert-samantha-chilton-as-head-of-design/

[ksharlandjiev] 31/5/2017 12:49

Hopes, Hopes, Hopes....

Hoping != Doing it.

[harebridge] 31/5/2017 12:47

Tonight's London Evening Standard



Indian fashion site Koovs dipped 1.5p to 32.5p despite unveiling former Primark executive Samantha Chilton as head of design. She has also designed clothes for Boohoo.com, whose success on AIM Koovs is hoping to replicate.

[harebridge] 31/5/2017 12:46

Indian fashion site Koovs dipped 1.5p to 32.5p despite unveiling former Primark executive Samantha Chilton as head of design. She has also designed clothes for Boohoo.com, whose success on AIM Koovs is hoping to replicate.http://www.standard.co.uk/business/market-report-worldpay-tumbles-as-square-mile-loses-faith-in-ambitions-a3553281.html

[ksharlandjiev] 31/5/2017 12:41

Thanks for the advise but I prefer to look at the hard rock evidence - share price historical charts and balance sheets. Call me an old fashion but I prefer to make money and not throwing them away.
I prefer to see my blue +400.25% BOO investment instead of your red -55+% KOOV one.
I don't care if the management are semi-Gods and have invented the fashion business - at the moment they do not make ANY money. At least not for you and the rest of the private shareholders.
Thanks, but no thanks :)
K

PS:
Love to have a chat after the RNS.

[harebridge] 31/5/2017 12:20

k- this could be your last chance to join the party at these levels before the fundraising announcement.I've been adding to my holding today.The clues are all there!India- the last frontier in e commerce.Koovs improving their margins.Outperforming e commerce market by 5 times!Just appointed Samantha Chilton (Google her).The ex ASOS management have been successful in every venture they have been in.Massive Institutional/ Director support (it's only retail sellers offloading).Once fundraising announced, should have over £25 million in their pot moving forward.Just look at this as a 'blip' a bit like when ASOS went down to 4p- a great adding opportunity.We'll chat again once fundraising announced (at a premium) ; )

[ksharlandjiev] 31/5/2017 11:42

Only it's a different kind of interest ;)As for the successful capital campaign - we'll see very soon when (if) they release RNS.

[harebridge] 31/5/2017 10:31

Great to see so much interest here folks. Well done to those getting in at these levels!

[ksharlandjiev] 31/5/2017 10:22

Hare: sure I believe ya! And I want from the same you are smoking.

[jotoha2] 31/5/2017 10:18

Clearly another dreamer , it's falling of the cliff , target 20p , very lucrative!

[ckafetz] 31/5/2017 09:47

No haven't spoken to anyone as like you say all the info is out there. I wouldn't expect them to say the real reason I think this price has dropped either! As you say we need the placing confirmed ASAP so that we can start moving up again

[harebridge] 31/5/2017 09:30

Ck- have you actually spoken to anyone at Koovs. Give them a call. The directors don't shy away from personal investors.They won't tell you anything that isn't in the public domain, but remain extremely bullish.The announcement of a placing was always going to destroy the shareprice in the short term. Hoping this will be the bottom in this current saga.Koovs HAVE to announce placing price/ fundraising soon....

[ckafetz] 31/5/2017 09:21

Well, this ever decreasing share price possibly suggests the placing price has been set at the lower end of my 30-40p prediction which is ashame.

Slowly reaching the point where I had it in my head to review my position. I made a mental note to re-look if lost 50% of value which for me is 26p. Although not sure what I would do should it reach that just yet.

[harebridge] 31/5/2017 09:02

K actually if you speak to Robert Pursell CFO, he'll tell you that it was well attended & much interest shown.Couldn't resist, just added 10,000 shares at 32.45pExpecting a placing at a premium soon, watch this space ; ) ...........

[owenski] 31/5/2017 09:00

Is '2017 STILL GAME TIME'

Wondering what the game might be, to lose and dilute investors money by the bucket load? I note there's another mouth to feed joining the exciting team. ;-)

[harebridge] 31/5/2017 08:56

Couldn't resist, 10,000 shares at 32.45p : )

[owenski] 31/5/2017 08:28

"Just very interested in the story"

Only because it provides a good larf