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Oh chill out Wendy and stop being so literal.
Very interesting trades today. Lots of huge sells at 10p- Institution must have reduced? Huge 20% intraday swing & nearly got my double digit rise right.
Interesting SETS auction price of 11.90p.
Most interesting was the late reported buy of 3,268,984 shares at 11.90p, explains the large jump at the 16.30 auction.
What's been going on with the chunky trades today. Very odd, someone is selling big and someone buying big ( state the obvious ) all makes for an interesting week
Cyril... it’s not just a few quid it’s a serious living
I've been trading this share for the last couple of years whilst accumulating a longer look pot - it's a short term trader's dream if you can do it.
Good luck all, whatever your strategy, we're all trying to make a few bob here eh
They're only losses if you sell at a loss ;)
Back in again soon I think
Appreciate what you say Cyril, but this will attract a day traders, it is a good opportunity for holders like me to rapidly recover some losses
Yes don’t disagree Fundamentals say hold long and buy the dips TA says actually we haven’t broken the downtrend yet. I’m waiting and will add when there’s confirmation. I thought today would do it. Either way upside is much higher than the downside here. What’s the lowest of the lows? 5p-7p??? Upside could be ridiculous here. India’s middle class growing, disposable income, wanting to latch onto western trends and styles. Koov will appeal to the YouTube unboxers, fashionista’s and instagram Snapchat generation. Story is just unfolding. Dyor
" Improved quality of sales with trading margin* up by 163% to INR114m / £1.3m (FY17: INR43m / £0.5m)"
"Trading margin percentage increased by 1,000bps to 14% (FY17: 4%) reflecting focus on reducing markdowns and driving high value sales"
With all the utter BS spoken on this board today I wonder if this has really landed with any genuine investors? Are there any LTH here that remember negative margin?! This is a huge business development IMO and lays a great foundation for the next stage of growth. Profitable growth!
I got a bit of my loss back, if it drops back in to the 10's I'll do it again. It is a bit like reversing what Putney said this morning -
"Seen it all before- a classic transfer of wealth from the weak to the strong"..
Only this is transferring back to the so called weak
did anyone make a quick profit?
Soley ..spot on you can see why it had to drop. If sentiment does return there is no reason not to take it back up. ..we could do with better market conditions some shall see good luck anyway.
Yes I can see it broke 18.80 on the 50MA on the 16th July which was the signal for downtrend and failed to hold the 8ema. So at this point if sentiment returns and we can move towards the 8ema with some buying pressure there’s a potential for reversal of the downtrend trend. As a long term hold however all the fundamentals are there imo
Soley ......at the time 27p became the high from 2 big moves up. The first from 5p to 15p and a drop to 11p and then on to around 27p. ..as it rose upwards the downtrend really started at 27p. ..koovs itself had several reasons for it to drop and then came the bombshells of the 2 placings where they might as well of thrown a grenade at it. ... I'm not sure of the date but it was critical to hold 18.1 at the time . When that price was broke 13p was estimated but 11p could happen as the lower lows price it dropped to on the way up. .. therefore it was inevitable the drop. I suppose we all need to learn the hard way. . anyway let's hope that's the bottom today and people can already get some money back. .markets again are bad today but koov is up because it was taken down to the bottom. ..at least interesting days ahead maybe
Downtrend? How did you define the downtrend? I say from mid July from when it broke the 8ema late July. If we can close near 12 and have a few days of positive movement towards 13p we could see the 20Ma cross the 50MA and which would be a bullish signal and start a potential reversal here.
Razel ..I would think the value of your portfolio of shares. ..so 5000 I would say £500 .. so more than that invest more less than that invest less. ..just something your happy with because better opportunities for your money are going to happen in the latter months of 2018/2019.
I was thinking the same, got my cash elsewhere at the mo so would need to sell a few to free up funds. Out of interest what do you call a small punt?
I too noted the changes made to the agreement.
Clearly benefits Koovs, and indicates a stronger position when negotiating.
Razel ..it could be worth a short term punt. ..koov bounced off 10p which was needed. ..I have for the first time in months took a small punt. ... it's the sort of stock if you get a profit over a few days take it. .. IMO .gl
Predators, is this worth a buy in your opinion? A few days of steady rises?
Putney ..you are totally disrespectful towards experience investers who get it right. .. this game is hard enough without the nonsense of posts deluded into thinking it did not happen. .. I'm of course not bothered what you think but will fight my corner when you twist my posts for your own agenda. Because I have been in the market so long it beggars belief to get it right and then get treated like this. ..one thing Putney I have saved myself money by not buying into koovs until now. .and that is the massive difference between you and me.
Who cares! We're all worm food in end. I'm suprised by the price action today - is aim crazy old world.
HeresHopin- I know, so embarrassing to read with someone with supposedly over 20 years trading lol! If it goes to 27p it is bullish & if it goes to 11p it is bearish etc. Lower lows, higher high blah, blah, blah.
Its like saying that when you flip a coin, it will either be heads or tails- that seems to be his investment strategy. The bigger picture is that he is here to clog the board. Knows very little about trading the markets & am in no doubt that he is one of the 95% of traders on AIM WHO CONSISTENTLY LOSE MONEY.
Herehopin .. your twisting my posts a bit. ..I said if it goes below 18.1 that was it. My posts were clear at that point that the shares would drop right down in amongst all the abuse I got. ...I only said 27p on the upside if it never broke 18.1. ..the posts were clear in the end but were twisted and fabricated by the likes of jambon and Putney. ..it was on a downtrend anyway from the high of 27p because of the reasons outlined. . anyway that's in the past but it does show how far people will go in desperation to shut you up. ..they were caught out on here though.