Koovs Share Discussion Threads

[jamesto2] 29/6/2018 17:53

Golden cross borrowed from LSE .
Chart heading for a golden cross next week. The last time the KOOV 50 day average crossed the 200 day average on the way up the price
went from just over 30p to just over 80p.

[jamesto2] 29/6/2018 17:37

The cln's are secured loans 10.4m ? Can anyone explain why.

[hotaimstocks] 29/6/2018 16:56

Still much risk with this stock

[hotaimstocks] 29/6/2018 16:54

The Agreement is conditional upon an initial cash raise of at least £6m by the Company (the "Initial Equity Raise"). The Company has already had positive discussions with existing and potential new shareholders regarding support for the Initial Equity Raise. The exact amount of new capital to be raised under the Initial Equity Raise will be determined by the Board in discussion with investors.
THE AGREEMENT HASNT BEEN SIGNED OFF YET AND IS CONDITIONAL KOOVS RAISES 6M so if I understand correctly if Koovs fails to raise this HT media deal is off ?
Also if Lord Alii is worth over 200million why only lead Koovs 1.5M ? Why doesn't he lead them the required 6M now ? That should set alarm bells ringing to any investor and doesn't show a lot of confidence in my honest opinion

[jackson83] 29/6/2018 16:43

Should be able to get in cheaper on Monday

[jackson83] 29/6/2018 16:27

Some posters on LSE think this will be 13p & patience could reward the brave lol

[jackson83] 29/6/2018 16:25

Loons were shorting this at 5p when HARDMAN&CO said Koovs was priceless lol doomed to fail . & I sold out then . 😡

[jackson83] 29/6/2018 16:22

mm's need to drop this to 18.5/19p if they want any action lol .... Buyers waiting for the sensible entry price

[jamesto2] 29/6/2018 15:58

I was buying above 150p in March 2014 lol - amazing share l make loss 😰

[shirley83] 29/6/2018 15:55

Great buy opportunity at these levels

[shirley83] 29/6/2018 15:54

It's a buy buy buy.

[jamesto2] 29/6/2018 15:53

Koovs seeking permission to issue up to £18.9m in convertible loan notes

Wed, 15th Nov 2017 15:47

(ShareCast News) - India-focussed fashion
e-commerce business Koovs issued a short update to the market on Wednesday morning, announcing today that it will be seeking a renewal of permission for the issue of up to £18.9m of convertible loan notes.

The AIM-traded firm said that, in addition to the £8.9m which was previously received, it remained in "advanced negotiations" to secure a term sheet from an investor committing to invest via the issue of convertible loan notes.

"The company remains confident of delivering this further tranche of convertible loan notes and expects to announce the successful conclusion of this additional funding in due course," the board said in its brief statement.

[jamesto2] 29/6/2018 15:44

When this hits 5p I may top up on the off chance that the 1% chance funding may arrive before the looming deadline expires lol

[jamesto2] 29/6/2018 15:42

Koovs says no reason for share price drop

Fri, 8th Sep 2017 14:12

(ShareCast News) - AIM-listed fashion brand Koovs noted the recent movement in its share
price on Friday and said it knows of no specific reason for the move.



"To clarify, the £8.9m 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 £7.5m (also mentioned in that announcement) remain ongoing."

Koovs expects to announce the successful conclusion of this round of funding in due course.

At 1440 BST, the shares were down 13.2% to 31.02p.

[jamesto2] 29/6/2018 15:42

KOOVS seeking permission to issue up to £18.9m in convertible loan notes

Wed, 15th Nov 2017 15:47

(ShareCast News) - India-focussed fashion
e-commerce business Koovs issued a short update to the market on Wednesday morning, announcing today that it will be seeking a renewal of permission for the issue of up to £18.9m of convertible loan notes.

The AIM-traded firm said that, in addition to the £8.9m which was previously received, it remained in "advanced negotiations" to secure a term sheet from an investor committing to invest via the issue of convertible loan notes.

"The company remains confident of delivering this further tranche of convertible loan notes and expects to announce the successful conclusion of this additional funding in due course," the board said in its brief statement. !!!! B. B/s

[jamesto2] 29/6/2018 15:39

I've had no reply from Koovs or explanation.

[jamesto2] 29/6/2018 15:37

Cln's / term sheet ????? Lord Alli never explained the outcome.

[jamesto2] 29/6/2018 15:36

Koovs seeking permission to issue up to £18.9m in convertible loan notes

Wed, 15th Nov 2017 15:47

(ShareCast News) - India-focussed fashion
e-commerce business Koovs issued a short update to the market on Wednesday morning, announcing today that it will be seeking a renewal of permission for the issue of up to £18.9m of convertible loan notes.

The AIM-traded firm said that, in addition to the £8.9m which was previously received, it remained in "advanced negotiations" to secure a term sheet from an investor committing to invest via the issue of convertible loan notes.

"The company remains confident of delivering this further tranche of convertible loan notes and expects to announce the successful conclusion of this additional funding in due course," the board said in its brief statement.

[jamesto2] 29/6/2018 15:36

Let's not forget that Koovs are misleading the investors & the funding has been a disaster.

[jamesto2] 29/6/2018 15:35

Koovs seeking permission to issue up to £18.9m in convertible loan notes

Wed, 15th Nov 2017 15:47

(ShareCast News) - India-focussed fashion
e-commerce business Koovs issued a short update to the market on Wednesday morning, announcing today that it will be seeking a renewal of permission for the issue of up to £18.9m of convertible loan notes.

The AIM-traded firm said that, in addition to the £8.9m which was previously received, it remained in "advanced negotiations" to secure a term sheet from an investor committing to invest via the issue of convertible loan notes.

"The company remains confident of delivering this further tranche of convertible loan notes and expects to announce the successful conclusion of this additional funding in due course," the board said in its brief statement.

[jamesto2] 29/6/2018 15:34

Koovs knows no specific reason for share price jump

Wed, 18th Apr 2018 15:08

(ShareCast News) - AIM-listed online fashion retailer Koovs said on Wednesday that it is not aware of any specific reason for the jump in its share price.

The company said it expects to announce shortly that it has secured interim funding via a loan of £1.5m from Lord Waheed Alli, a director of the company. This will provide the group with cash resources until the end of August.

In addition, the board actively continues the previously announced dialogue with potential new investors in respect of the £50m funding requirement and will update the market in due course.

Last month, Koovs updated the market on its strategic acceleration plan, saying it would need up to £50m of further investment to carry this out and that in the immediate term, it would continue to focus on cash preservation.

It also said that it had cash balances of £3.5m, with future monthly outgoings expected to be £0.75m a month.

Chairman Waheed Alli said at the time: "With over £70m invested in Koovs to date and with a series of business building successes achieved there is a clear opportunity to capitalise on the platform that we have built to unlock superior shareholder value over the coming years."

At 1540 BST, the shares were up 6.4% to 9.20p, having hit a high of 14.45p earlier.

[jackson83] 29/6/2018 14:23

ADVFN - Speeding ticket & I'm sorry to say you will have the pleasure of my post no more . My final post & hope you all are not TO disappointed without my important valued important posts lol.Harebridge aka putneylad get well soon.

[jackson83] 29/6/2018 14:05

India is booming & Koovs are the next ASOS.BILLION POUND COMPANY BY 2030