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After hours RNS or tomorrow giving weekend to digest the
Good ...bad.....or ugly
It's a sign also that all is not well. ...my posts were reported but it's just facts. ..these shares were going down anyway when everyone kept saying the 27th march. ..delays happen but reporting posts all the time that are negative will make things worse....aim is also hopeless as it stands in general bearish conditions.
Sells as a RNS was expected lots getting out .....incase it's not good
Why have all your posts been removed from Twitter?
Hi Putneylad,
I know that you are completely distressed. It could be if your average price is very high and the management has already fixed the game to keep the prices low for some more time by not releasing any price sensitive news. On the other side for some one who want to add more shares then this game fix is advantageous. Now adays I dont invenst on any companies during IPO times. More than 80% of companies loose 70% of its value in 3 years from IPO times. On looking at Debenhams I feel that we should never believe on a single company. In sharemarket the Shorters easily make money. If some one shorts all companies listed in LSE then there is a very high probability of making profit than investing in all these Companies. I need to agree that even most of my allocation is in Koovs. All that I will say is to be patient if you belive in Kishore Biyani. Otherwise as some says you shall close the trade and accept the loss.
tell me which company in AIM ever stick to deadline. there is always delay, which is very common in AIM.
so, i will give them till april to finalise the deal
I have spoken to many shareholders over the last few days with concerns about the price action both before & after the March 27th deadline for the closure of the funding round, as announced by the CFO. He has also assured shareholders that everything is going to plan.
If everything was going to plan, then the deal would have been finalised on or before 27th March!
Yet the Board led by CEO Mary Turner refuse to update the market as to whether the funding round was successful or not. They refuse to inform if there has been a delay.
I will let the FCA decide whether withholding this information is market sensitive or not. I have written to them, Hardman & Co & the NOMAD Strand Hanson Ltd with my concerns.
will be adding more next week on salary.
this is bargain..
There was also a 1000 trade (Don't let it run market maker code) at 10.06am and a £15.63 trade at 12.29pm taking to SP to 7.01p. Who would sell such a small amount of shares considering the trade charge as well?! Market makers manipulation imho.
For people who believe in market maker codes there was a 300 trade yesterday, which indicates they're moving it down on purpose in preparation for the move back up.
Maybe someone is buying and wants in on the cheap
Price being dropped slightly on no significant volume whatsoever. Firmly believe that sentiment will change very soon and money will be made from this level. Come on Koovs we know you have news!!!!
Matt
is Jambon?
That is a great post olliebee. The potential is there in India. Ecommerce is massively growing, especially in fashion & retail.
Under the right management, Koovs could do really well. Avni Biyani has already joined the team & another Board member will be announced once the funding is completed.
You have to understand the frustrations of longer term holders who have seen the current management fail spectacularly.
The way they are behaving over this funding saga is not new.
The CFO clearly stated that the funding closure deadline was yesterday. He has also clearly stated that nothing is wrong.
So why have they not informed the market either way, as if it's no big deal?
Either way, they are sitting on market sensitive information which needs to be relayed to the markets & shareholders.
How long are they allowed to keep quiet & not inform anybody of what is going on?
Yes, this got lost in all the bickering, for anyone who missed it ----
Another Bollywood superstar Anushka Sharma now selling her fashion label Nush on the Koovs platform
https://www.koovs.com/nush
She has over 20 Million followers on Twitter & Instagram
https://twitter.com/AnushkaSharma
At last an educated post thank you Olliebee I couldn’t agree more with your observations
No one knows the burn rate, but I think it's likely Koovs has cash in the bank for another 5 months without issue.
FLF are clearly committed to our digital expertise, management, and brand. As evidenced by the 1.4m contract earlier this month.
I don't have the exact date of when Cover Story started being sold, but I'm sure someone else will - potentially Nov-Dec last year (they started with just a few products and didn't have them all for a long while IIRC). It's not very long, only this month was it announced we'd be working on a platform for FLF's other brands, the point is, we're at the early stages of a long strategic relationship. There is a five-year plan. FLF didn't invest 6 million into Koovs last year for them to run a three-month trial selling Cover Story on Koovs' platform.
Koovs started doing mass (YouTube) advertising in late January, once they had restocked their product range (which they were forced to cut back on as part of cost-cutting measures in 2018). They are continuing to push adverts out at an increased rate.
April, news will start to flow, possibly with a positive trading update as we'll see the impact of the advertising. This will get us as close as possible to 15p before May time, which we'll need to ensure the next tranche of shares HT Media are issued at as close to 15p as possible, and not 7p - all other Koovs holders benefit from the SP being as high as possible at this time, as it means we'll all be diluted less (this also includes FLF).
Instagram followers and tags are growing daily, the headline rate of 'xx followers' is less important, what is important is that Indian influencers and normal people are posting on IG daily, and more and more people are liking the posts, and scrolling through them they look legitimate and are growing in number. See for yourself: https://www.instagram.com/explore/tags/koovsxyou/
This is exactly how you grow a brand with Koovs' target audience. These are the young fashion-conscious shoppers who are our target market, and/or the people our target market look towards to determine what's fashionable.
As always, there's still risk. DYOR etc.
I don't want to become this board's new resident ramper, but it's not all doom and gloom.
looks like jambon put in over 300k of his cash ? big risk if his a dummy or was his trades for a broker ? end of the day we dont no what the r n s will say,but lets hope its good
me lol 20k down
back to bed ,guess funding is not sorted yet
dam i got up at 6am
https://www.youtube.com/watch?v=npz27mbyo30
https://www.youtube.com/watch?v=EThX1WzV6Uc
Specialising in mergers and acquisitions.
Also.... I imagine they would’ve done their own due diligence before taking on the role? As in if the company was a dead duck they wouldn’t risk sullying their good name? That being the case, bring on the funding and a stream of good news please
I'm just grateful for a change of financial consultants. Lets hope these guys earn their money.....
Matt