Koovs Share Discussion Threads

[putneylad66] 09/5/2018 06:19

The Koovs story thus far....

A premature IPO in 2014 at 150p. The Indian online fashion brand was created from scratch. Fundraising at 25p, then 50p. The management headed by CEO Mary Turner wanted to scale up growth in the nascent e commerce industry by spending millions on the brand, technology, product & design. Triple digit growth was abruptly stopped by Demonetisation & Goods Service Tax (GST). The sector & economy are back on track with India now the fastest growing major economy on Earth circa 7.5%. It is the last frontier of e commerce where all the big guns Amazon, Alibaba, Walmart etc want a slice.
Tiny little Koovs (LON:KOOV) is trying to do it alone.
Chairman & ex ASOS boss Lord Waheed Alli is the largest shareholder. Has stated he wants £50 Million, starting with £23 Million, which is needed now. Has recently stumped up £1.5 as an interim loan & new Director from KPMG Nina Amin MBE recently purchased shares.
Hardman & Co recently published detailed analysis hinting at a placing at 25p & can see Koovs becoming a Billion pound company in a few years.

The current low share price is indicative of no funding taking place.

[harebridge] 08/5/2018 18:58

This mug punter is the laughing stock of ADVFN.Remember he also opened a short on Koovs at 5p.Lol! Lol! lol!

[harebridge] 08/5/2018 18:56

lol from Boohoo threadJackson83"Just opened another short at 177.60p as we will test 170p within a few weeks . No new expected and investment has tried up""Opened another short" - you mean placed another 1p spreadbet LOLYou're already 7p down!

[ebomber] 08/5/2018 17:27

Struggle to see value with the black cloud of £50 million fundraise. Surely a massive dilution on the horizon before any recovery?

[davidlloyd] 08/5/2018 17:25

Okay :-)
DL

[harebridge] 08/5/2018 12:39

Hey guys- how are your 'shorts' doing?The ones you opened at 5p LOL!So as smart investors like myself & Director Nina Amin MBE were buying at the 5p/6p level, you mugs were selling into the market.Never mind, this can be a tough game for some!

[billthebank] 08/5/2018 11:22

Been watching this for ages as the share price has continued its march downwards Was going to buy if the so ever dropped to 26p I didn't but recent RNS has convinced me at this level of its worth a small amount and wait and see.Could this be the ASOS of INDIA? Why not?

[lukic] 08/5/2018 10:54

Unless my pc is wrong all I can see is over 215000 bought in the last hour which kind of proves you wrong!!