Koovs Share Discussion Threads

[jimbojet17] 31/7/2016 14:04

This dip is presenting a superb buying opp. This is certainly an exciting one if you can stomach the ride

[rampmeister] 31/7/2016 13:50

Sorry for repeat posting sending by mobile whilst trying to watch cricket at Lords.
RM

[rampmeister] 31/7/2016 13:20

Now up to 353 on Alexa list and above yourporn. KOOVS gaining serious traction now up over over 100 places in last few weeks. This key performance indicator shows that KOOVS now entering take off mode. Topping up again for sure tomorrow.

RM

[rampmeister] 31/7/2016 13:20

Now up to 353 on Alexa list and above yourporn. KOOVS gaining serious traction now up over over 100 places in last few weeks. This key performance indicator shows that KOOVS now entering take off mode. Topping up again for sure tomorrow.

RM

[rampmeister] 31/7/2016 13:20

Now up to 353 on Alexa list and above yourporn. KOOVS gaining serious traction now up over over 100 places in last few weeks. This key performance indicator shows that KOOVS now entering take off mode. Topping up again for sure tomorrow.

RM

[jrewing3] 31/7/2016 13:03

The general perception now is that it is hard to do business and also raise funds, but Turner says focusing on a sector with potential for consistent growth and also a target customer group that is also growing maximizes the opportunity. "Koovs' business is growing significantly above the market rate. We have a clearly defined and differentiated brand strategy. Our Private Label collection, designer capsule collaborations and carefully curated branded collections will be our focus," says Turner. .. ;

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[jrewing3] 31/7/2016 13:02

Turner says Koovs will give more choice by extending the number of styles and categories to meet the lifestyle needs of its customers. "Introducing new categories such as jeans, leisure and work wear and amplifying the Koovs brand through multi-channel marketing to become India's number one western fashion destination by 2020 is our focus," says Turner. 


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[jrewing3] 31/7/2016 12:56

Koovs banks on private label for differentiation ;


Having its own private labels that brings affordable global high street fashion to India has hit the right chord with the target audience and helped Koovs stand out in the cluttered ecommerce space says KOOVS Group, CEO, Mary Turner. 

Koovs has seen significant growth, with FY2016 annual sales reaching Rs 98.1 crore, a 189% increase YoY. It has a million weekly web site visits, which is a 110% increase YoY, 55% increase in conversion rate and registered users are now over one million , an increase of 226% YoY


India's online western fashion market is expected to increase five-fold by 2020 to $2 billion. "Ecommerce largely offers growth rather than replacement revenue as traditional bricks and mortar retail remains limited. Socially there is a move towards urbanisation and the median age of India's population is 27, compared to 40 in the UK for example," says Turner 

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[harebridge] 31/7/2016 12:32

I'm also totally baffled by recent events & rns's.A placing at a lower price makes sense, but why would Peel Hunt raise their Buy 100p from Hold 40p?Has anybody got access to this broker note?

[redr0ck] 31/7/2016 12:23

Why would they want to slow the price down? They own 75% of the shares lol.

[irishlass2] 31/7/2016 12:11

If they were trying to slow their price down, Peel Hunt would know about this and not give an increased target of £1 and a buy recommendation. I think we shall get another rns soon to explain everything.

[jimbojet17] 31/7/2016 10:56

IF they are trying to slow their own SP, wouldn't that be illegal? The stuff AIM companies get up to eh?

[harebridge] 31/7/2016 10:24

Yes Tickler- purely to keep the share price down so that they can sort themselves & their chums out with a placing at a low price. It looks like they won't bother with a trading update now for the first quarter, but will have to report on the 6 month interims in 3 months time.In the meantime, all we can do is carry on researching.I'm hoping for an open offer, do that I can add to my holding.

[catswhiskas] 31/7/2016 10:13

Exactly if the next placing price has already been agreed at say 30-40p that's next stop for the share price If placees are approved and guaranteed stock they will short at this level and buy back at the placing price with their shares so if the next fund raising is at say 40p that's where the share price is going and there's no stopping it.Buy after the fundraising and not until.

[tickler] 31/7/2016 09:53

Why would any company try to slow their own share price?Surely must be because of the price of the next phase of funding and the agreed price of the next lot of shares to be issued? Once funding is complete and the new investors on board then they can let this fly.

[harebridge] 31/7/2016 09:50

Amazon is the top Apple App Store App in India under 'shopping'

Tiny little Koovs is up there at number 7 ahead of some big names. Just check out the list.

[harebridge] 31/7/2016 09:45

This from Mayharebridge - 11 May 2016 - 22:12 - 459 of 867 - 1According to Alexa web traffic, Koovs.com ranked at 486 in India.Population of 1.3 Billion with the fastest growing ecommerce market in the world.Just had another look, currently 362!!That's a massive jump this quarter.

[albert3591] 31/7/2016 07:55

Come on you lot I want this down,

[irishlass2] 31/7/2016 01:03

Surely, Peel Hunt's upgraded target is based on current sales figures, which have not yet been released to the public? They wouldn't upgrade on 3 month old figures.

[irishlass2] 31/7/2016 01:03

Surely, Peel Hunt's upgraded target is based on current sales figures, which have not yet been released to the public? They wouldn't upgrade on 3 month old figures.

[potential] 30/7/2016 23:25

The capital raising process has therefore secured a total of INR2,209.5 million / GBP22,711k for the funding of the business. The Board is planning to resume its capital raising process in the autumn of 2016 and based on the success of the process so far, is confident that appropriate funding will be secured in due course. "Could drop further!