George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
BitbuyBit - Good points I agree. I bought this morning thinking its a done deal. Now feel down. But then again like you said
//..I do not see Ali letting it fail when he could stick say £10 million in and sell for a lot more. Look at it like this, if you want to get online clothing into the Indian market you could buy this company and be ready to go. I’m not wearing blinkers here but i do see value even in its current cash strapped guise.
Now I KNOW they have from the recent cash injection. We also KNOW that FLFL have reapplied to complete the deal. It is now the reserve bank of India and its red tape that is hindering Koovs.
We also know that FLFL are COMMITTED to becoming the biggest share holder and purchasing their remaining shares. Initially I wasn’t sure they had the funds. Now I KNOW they have from the recent cash injection. We also KNOW that FLFL have reapplied to complete the deal. It is now the reserve bank of India and its red tape that is hindering Koovs.//
But its the last sentence of the RNS that has scared many people
Good opportunity for hindsight traders to talk up other shares tho.....
As has been stated we know Koovs needs additional funding for the new year. We also know that £80 million has been invested in the brand and it is finally making some real headway in an enormous market. I do not see Ali letting it fail when he could stick say £10 million in and sell for a lot more. Look at it like this, if you want to get online clothing into the Indian market you could buy this company and be ready to go. I’m not wearing blinkers here but i do see value even in its current cash strapped guise.
We also know that FLFL are COMMITTED to becoming the biggest share holder and purchasing their remaining shares. Initially I wasn’t sure they had the funds. Now I KNOW they have from the recent cash injection. We also KNOW that FLFL have reapplied to complete the deal. It is now the reserve bank of India and its red tape that is hindering Koovs.
I believe Mr Biyani will get it sorted.
What do you think?
Matt
Next we'll be getting another RNS at the end of the week to say the funding has gone through, bloody yoyo
The MM's deliberately triggered stop losses here to make a tidy profit for themselves
exactly ... same RNS we had few weeks back...
VAST will have funding in the bank this week and brokers note confirming 2p for Baita Plai mine.
There was nothing in that RNS that people weren't already aware of
Sam - just worried about timescale for a potential asset sale, if there is to be one of course. Also there may be other warrants lurking out there in the ether that they haven't yet mentioned, which may come to light. We will find out soon enough though. However, as you mentioned, if all goes to plan then we could be looking at a potential double digit divi pay-out.
People just remember no share good till you banked your profits... remember do not fall in love with any share... make your money and move on..
Jez i'm cautios with EUA but if they pull it off it will be the best thing since sliced bread
Rob, I'm still a bit jittery about EUA. Just can't help feeling that it's too good to be true. Watching the share price like a hawk as I have lost a lot of money in SOU and MYSQ this year and don't fancy scoring a hattrick any time soon!
Rob, would you say EUA or VAST I can't decide which to go for? As I think you are still in both?
Yeah, that's what I was thinking. No sign of Smoking Joe and his crazy predictions. Good job I didn't listen to him - no offence, Joe.
What a surprise smokinjoe has disappeared didnt see that coming much
Bought EUA this morning and sold at 3.45.... But back here now... I know this share... it want go down... Waheed have put MILLIONS IN THIS....FLFL will be done... look at HISTORY of RNS in KOOV...
Cheers Rob. Seems we are singing off the same song sheet this past week! I owe you a few beers at the EUA asset sale party!
Donotpanic, I have ran out of luck went into INSP on friday and lost over half today, have just got my capital back (luckily) but back to square one lost all profit from the rises in EUA, VAST and TRX teaches me a lesson not to rainbow chase, looking for entry to EUA if I can at 3.4p and hold to asset sale
Here comes the bounce.
Sam I bought this on Friday at 2.35 SOLD over 3... Then bought again Friday 3.80 sold at 4.61 this morning... bought now at 3.24 and this will be BLUE mark my word...
Phew!!!Good job I didn't invest in this one this morning. Thanks to the poster who warned me about this one last night. It looks doubtful that they will secure the funding from what I can understand in the RNS. Ouch. Not one share I'd like to be stuck in. Thank God I kept my money on the sidelines.
Luckily I was out of this one, at least on friday they didn't open monday 40% down like INSP and have had a chance to run today if they want, I may try and buy at the bottom of the drop for the bounce but that would be it
Rob looks like you were right was 12% down now 25% down, good job I didn't follow the herd here as well!! Hope you weren't in it
Newbies here.. look at HISTORY of KOOV...
Waheed ALI would not let this go down...
Nonsense