Koovs Share Discussion Threads

[forethought] 10/11/2017 19:01

KOOVS items are currently for sale on SOUQ!

[the monkster] 09/11/2017 06:09

Are you sure it's not 50p hotsim??

[st0n3] 08/11/2017 10:20

7.1% up on a tip with 5.6% spread!
I'll say no more.

[effortless cool] 08/11/2017 09:49

Just a quick reminder of the calibre of posters on here.

harebridge

LOL

[harebridge] 08/11/2017 09:47

Just a quick reminder of the calibre of posters on here.Effortless Cool - 28 Apr 2016 - 09:45 - 2091 of 3005 - I have updated my forecasts for BOO and feel that the valuation is very stretched at the current price. Accordingly, I have sold all my shares this morning.I'm going to keep tracking them, as I like the company and the business model but, based on current information, I would only be a buyer below 40p.My valuation is 41.4p, based on an adjusted PE ratio of 25.imranawan - 28 Apr 2016 - 10:10 - 2093 of 3005 - Effortless Cool - would you be willing to share your forecasts? I sold out on Monday just before the results as I thought the valuation is up with events and couldn't see what the catalyst for the share price to move up would be.

[effortless cool] 08/11/2017 09:43

Mmm, per the other thread, almost no marketing costs this half year.

That makes sense, not because they don't have to market any more, but actually because they had prepaid INR558m to HT Media and Times of India for advertising.

Marketing expenditure for the last full year was INR731m so, taking that out, reduces the monthly cash burn rate to INR125m. Thus, year-end cash plus in-year funding would be sufficient to keep them cash positive for over 11 months at this reduced rate of cash-burn.

In which case, they can survive without further funding until approximately March 2018.

[irishlass2] 08/11/2017 08:49

Great news that almost no money spent on marketing. Nice to see a few buys this morning.