Koovs Share Discussion Threads

[ctrlaltdeliver] 19/6/2018 08:24

Top of risers board 2 days in a row. We all know this is going back to 50p zone.

[tidy 2] 19/6/2018 08:23

Valuation: Conventional valuation metrics are unhelpful. We take our forecast EBITDA for Dec?22, apply a Boohoo/ASOS multiple and discount the value back to today. Even at a 25% discount, the EV comes out at ?357m, including the funds to be raised. The current price is a poor indicator of the inherent value.

[harebridge] 19/6/2018 08:22

This was blatantly sold off & shorted when funding concerns were raised last May when over 40p.Funding concerns gone......!!!!!!!

[duxy786] 19/6/2018 08:22

An 80 and beyond....those that load up now can still see 200 percent easy in my opinion, even see ASOS style rocket to ££££

[tidy 2] 19/6/2018 08:22

Valuation: Conventional valuation metrics are unhelpful. We take our forecast EBITDA for Dec?22, apply a Boohoo/ASOS multiple and discount the value back to today. Even at a 25% discount, the EV comes out at ?357m, including the funds to be raised. The current price is a poor indicator of the inherent value.

[ctrlaltdeliver] 19/6/2018 08:20

Told you this was going to boom. Why are people panicking. This should be well over 50p with that report. The year high was 45p and it only dropped due to funding issues. Now that funding is restored, this will just race towards 45p

[harebridge] 19/6/2018 08:15

Remember that this is a very illiquid stock with only a third of the shares in free float. Chairman Lord Waheed Alli is the largest shareholder. The rest are tied up in safe hands by Institutions like HT Media.At the moment, traders are in charge, but I'm sure that some smart investors are loading up.

[urigem] 19/6/2018 08:10

WILL BE ALL OVER THE PLACE FOR THE FIRST HOUR

[easwarareddy] 19/6/2018 08:08

Well doesn't look like it... pulling back. Short termers selling

[letmepass] 19/6/2018 08:07

25 to 30p today

[urigem] 19/6/2018 08:04

Nice start.

[h2owater] 19/6/2018 07:55

Shares outstanding 175.38m
Free float 55.11m

[urigem] 19/6/2018 07:42

Pre market a little screwy 20p bid 19.50 offer

[putneylad66] 19/6/2018 05:57

Daily Mail today

Fashion shares jump 62% for 'the Asos of India' Koovs after it announces £24m advertising deal

Analysts said Koovs was a great opportunity for investors wanting exposure to Indian shoppers.
Jason Streets, analyst at research and consultancy business Hardman & Co, said: ‘Koovs will be an exciting way to play the last big world retail market to move online.

‘The prize, if it gets it right, is a billion-pound company and more. It is likely to be a bumpy, exciting ride, but investors have the reassurance of a highly experienced management team in charge and the backing of a major Indian digital media player.’