Koovs Share Discussion Threads

[jotoha2] 09/9/2017 12:23

So the company announces a no reason for share price drop of 10p , when in the past it has said sfu on a drop of 20p plus , looks messy to say the least , and even that guru MM is floundering to maintain the spin.

[monnow] 09/9/2017 09:24

I was invested in this share some time back, and unbelievably exited with a good profit, I was looking for a re-entry point at a stage when profit was made,or near imminent, this inflection point seems to have been kicked further and further down the road, whilst dilution has continued apace. Harebridge asked me at the time for my reasons to sell, and I stated ongoing dilution. I now would further that by believing the company will loose all shareholder confidence in their model by constant dilution through running suicidal negative/borderline margins. Mary Turner seems to have total disregard for share price and public opinion, she is totally missing the most important aspect of any business " Viable business model " I would urge Jamesto to get out of this dog , smell the coffee , and get your money into something decent, the returns can be recovered. I can suggest one or two decent picks if your struggling. Harebridge/ Putneylad you seem to have unshakeable faith and are an experienced investor ,I hope they get this right eventually for your sake cause I know you've got proper cash in this. Best of luck to everyone holding, you're gonna need it.

[dgbell7] 09/9/2017 06:13

jamesto2 I dabbled in this share a while back but was concerned about the dilution with constant placings and the high losses. Sometimes you have to just accept something isn't likely to work and cut your losses. I learnt a terrible lesson years ago when I followed a share down all the way to the bottom, kept putting money in and lost it all. That was a life lesson. I feel sorry for people here who have lost a lot. The outlook for KOovs looks difficult to me.

[ckafetz] 09/9/2017 01:57

Well this investment certainly hasn't gone to plan for me!

[melody9999] 08/9/2017 22:28

James - I hold no position long or short - but please reduce your exposure.....there is a risk of losing your shirt whilst possible upside is years away.

[billthebank] 08/9/2017 21:58

I have been watching this share for quite some time and had a note to buy in at 46p but resisted as something didnt seem quite right. So i looked at the chart and held off, Now I have revisited and the share now seems to be in free fall so no idea where this is going next Again I will watch for a bit to see what happens next. Really feel for present holders as I thought /think this KOOVS model will/can work. GLAHs

[putneylad66] 08/9/2017 17:05

Koovs PLC Share Price Movement

Source: UK Regulatory (RNS & others)
TIDMKOOV

RNS Number : 2632Q

Koovs PLC

08 September 2017

Koovs plc

Share Price Movement

Koovs plc ("Koovs", or the "Company") (AIM: KOOV), the fashion-forward business focused on the young Indian e-commerce market, notes the recent movement in its share price and would like to inform the market that it knows of no specific reason for this price movement.

To clarify, the GBP8.9 million convertible funds (first referenced in the announcement made on 21 July 2017) have been received by the Company and detailed discussions with the third party regarding the further GBP7.5 million (also mentioned in that announcement) remain ongoing. The Company expects to announce the successful conclusion of this round of funding in due course.

For further information please contact:



Koovs plc Tel: [phone]
Mary Turner/Robert 0170
Pursell
Peel Hunt LLP
Dan Webster / Tel: [phone]
George Sellar 8900
Jock Maxwell Macdonald
(ECM)
Media enquiries: Tel: [phone]
Headland 4822
Rob Walker / Lucy
Legh

This information is provided by RNS

The company news service from the London Stock Exchange

END

SPMEAANPEDEXEFF

(END) Dow Jones Newswires

September 08, 2017 08:32 ET (12:32 GMT)

[putneylad66] 08/9/2017 17:04

Koovs PLC Share Price Movement

Source: UK Regulatory (RNS & others)
TIDMKOOV

RNS Number : 2632Q

Koovs PLC

08 September 2017

Koovs plc

Share Price Movement

Koovs plc ("Koovs", or the "Company") (AIM: KOOV), the fashion-forward business focused on the young Indian e-commerce market, notes the recent movement in its share price and would like to inform the market that it knows of no specific reason for this price movement.

To clarify, the GBP8.9 million convertible funds (first referenced in the announcement made on 21 July 2017) have been received by the Company and detailed discussions with the third party regarding the further GBP7.5 million (also mentioned in that announcement) remain ongoing. The Company expects to announce the successful conclusion of this round of funding in due course.

For further information please contact:



Koovs plc Tel: [phone]
Mary Turner/Robert 0170
Pursell
Peel Hunt LLP
Dan Webster / Tel: [phone]
George Sellar 8900
Jock Maxwell Macdonald
(ECM)
Media enquiries: Tel: [phone]
Headland 4822
Rob Walker / Lucy
Legh

This information is provided by RNS

The company news service from the London Stock Exchange

END

SPMEAANPEDEXEFF

(END) Dow Jones Newswires

September 08, 2017 08:32 ET (12:32 GMT)

[kmann] 08/9/2017 15:17

Lets face it, this was just another company floated on aim to raise money for directors pension funds. There are hundreds of companies in india doing the same thing, only a habd full will survive, koovs is not one of them

[hancock433] 08/9/2017 15:00

Would of been better issued at 10am but at least they have said something. Its a shame the funding was not finalised before last years results were issued. I guess they had no choice on timing in the end.
The results were already pretty much in the public domain and should not of caused this reaction. Everyone was really waiting for finance confirmation and then a "nice" update on trading from March 2017 to present.