Koovs Share Discussion Threads

[irishlass2] 29/7/2016 07:41

Great results. Costs are high because company is still trying to get brand awareness, and this is normal in the beginning.

[catswhiskas] 29/7/2016 07:41

The party's over for now take profits and run for the hills !!

[jerseymike] 29/7/2016 07:37

Rapid growth continuing. You can't use such strong words if it isn't happening! This company has lit the blue touch paper! It is now ready to fly!

[duxy786_2] 29/7/2016 07:36

Preliminary results highlights for the year to 31 March 2016·       Strong sales* growth at KOOVS.COM of 189% to INR981 million / £10.0 million in the year to 31 March 2016·       Visits to the website up 110% from 20.9 million to 43.8 million, exceeding one million visits a week and one million registered users·       Continued delivery on strategy and business plan as outlined in the Chairman's Statement.·       Koovs plc revenue in the year up 148% at INR512.4 million / £5.2 million (2015: INR204.1 million / £2.1 million) and loss before tax of INR1,650.4 million / £16.7 million (2015: INR922.6 million / £9.4 million). * Gross sales order value placed through the KOOVS.COM website including taxes.  This does not represent the revenue of the Koovs plc Group.  The revenue of the Koovs plc Group is the wholesale value of products sold to the independent operator of the Koovs.com website under a licence granted by Koovs Group.Mary Turner, CEO, said:"We are pleased to report another set of strong results as we continue to deliver on our strategy. During the period we successfully closed the recent tranche of capital raising, and brought ownership of KOOVS India to 100% at Group level."The Indian market continues to grow rapidly, particularly in ecommerce and fashion where online only fashion is growing at 48% a year¹ 

[nicksig] 29/7/2016 07:35

Is the market cap really 120m for this?

[catswhiskas] 29/7/2016 07:32

Short !!!!

[ayl30] 29/7/2016 07:28

Be interested to see mkt reaction after yesterday. They seem to be delivering the top line ok it a matter of the costs of getting it. Will await analysts views after talking to mgt.

[soggy] 29/7/2016 07:23

A lot to digest! But one thing is clear, this is a remarkable company.

[gerryjames] 29/7/2016 07:22

Is that what you guys consensed...loss is half of Peel Hunt's forecast but then it's before tax, whatever that is in India...no wonder IG wasn't allowing shorting yesterday.

[dafad] 29/7/2016 07:10

RNS OUT GUYS

[potential] 28/7/2016 23:23

Zzzzzz the man needs help!!

[adorling] 28/7/2016 21:59

CW - brave to be short but guess you're covered for a margin call.....

[catswhiskas] 28/7/2016 21:38

Brown Trousers in the morning this will tank towards 60p early doors 😲

[jimbojet17] 28/7/2016 21:02

This is one angry thread. So much for intelligent debate from the Bears

[big bear billy] 28/7/2016 20:31

Let me get this the "bigwigs" can replicate ASOS hundreds times over. LOL

[big bear billy] 28/7/2016 20:29

ex-asos bigwigs. LOL

[big bear billy] 28/7/2016 20:24

Some mugs really panicking here.


Yes shorted at 94p yesterday when RNS came out. I have guaranteed stop on it. I never underestimate the power of mugs in large group such as KOOV

PLEASE DO NOT WORRY ABOUT ME.

AS I AM NOT WORRYING ABOUT ANY OF YOU.


It's nappy time tomorrow morning.


ASOS connection and so bloody what.


Microsoft has 100k business partners do they all make money?

[potential] 28/7/2016 18:54

Grow a pair mate!!

[harebridge] 28/7/2016 18:49

Before shorting, have a look at this.The ASOS ConnectionMary Turner CEO: Former head of AlertMe.com & Hive Active Heating (UK's leading smart homes solution recently acquired by British Gas). A former CEO OF Tiscali & BTLineOne she was also a non-executive director of ASOS between 2009 & 2013Robert Beady Chief Creative Officer: Ex Product Director ASOS between 2006 & 2012These ex ASOS bigwigs have clearly stated that they want KOOVS to be India's number one digital fashion website by 2020.In BR we trust mwah mwah mwah!

[telbap] 28/7/2016 18:40

Billy boy, hope you closed out in the 70's

[potential] 28/7/2016 16:15

Mr 5k is filling his boots!!!

[potential] 28/7/2016 16:04

L2 3-1 were in for an exciting end to the day with a exceptional news Tom!!

[potential] 28/7/2016 15:25

L2 looking strong, for a rose towards close!! With exceptional results expected we sure don't want to be out of this beauty!!

[alwaysevolving] 28/7/2016 15:08

Yes Pete Barnes it is! I mentioned it on the JLP thread when it was around 40p a pop if you recall? Did you DYOR and get in back then? Could have been up 100% now which is more than we can say for JLP sadly.