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*excel spreadsheet - Name, number of shares held, cost, current value, %loss - possible headers...?
Or should we compile a list of names from this platform say in an excellent spreadsheet and then have a covering letter which can be 'auto signed' by all? What of getting several signatures and maybe if we get sufficient numbers required by law for it to be debated/discussed in parliament?
putneylad, well done for your relentless effort.
Also a long term holder and unfortunately lost 91% of several thousands of my pension invested in this share along with hundreds of pounds for my little boy. I wrote to the FCA using the address provided and this is their response:
Thank you for your email of 2 January 2020 regarding Koovs Plc. We have noted the concerns that have been raised around the company’s conduct.
This matter has been passed to the Market Integrity Unit in the Market Oversight Directorate (MO) of the FCA. MO is responsible among other things for monitoring issuers’ compliance with Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 on Market Abuse (the Market Abuse Regulation or MAR). We note that you have cited fiduciary duties - please note that the FCA is not the enforcer of Company law. Further, the FCA is not responsible for enforcing the AIM Rules of the London Stock Exchange.
We are reviewing this matter with a view to determining whether it is appropriate for us to exercise any of our statutory powers. As part of such reviews we may use the information gathering powers available to us to seek further information from the subjects of the enquiry and reach out to other agencies as appropriate.
Once we have completed our review, we will consider whether it is appropriate for the FCA to launch a formal investigation via its Enforcement Division, whether some other form of intervention is required or whether the case should be closed with no action. In particular, an important part of our consideration is the potential seriousness of any misconduct that may have occurred.
As noted in our Approach to Enforcement (see https://www.fca.org.uk/publications/corporate-documents/our-approach-enforcement ), not all breaches of our rules or requirements constitute serious misconduct, however, where we suspect serious misconduct, we will start an enforcement investigation. We use our experience and judgement to ascertain whether this suspicion exists and there are a number of considerations we take into account when doing so. Chapter 2 of our Approach to Enforcement document provides further detail on these considerations, which include the nature of the actual and potential harm involved; the extent to which the suspected misconduct has or may affect consumers, markets or firms if we do not take action; and the public interest in investigating the matter.
As a matter of policy, we do not provide details to members of the public about the content of our assessments (including where we decide that there are no grounds for further action). Unless our work results in a public disciplinary outcome, the FCA does not comment on these matters. We understand that this can sometimes be frustrating but you can find further information on why we take this approach at https://www.fca.org.uk/freedom-information/information-we-can-share
Today marks the beginning of the festive seasons sales in India and surprising KOOVS doesn't even get a mention...https://qz.com/1082277
Good to see. Sign of confidence on a rebound. Time will tell... https://weekherald.com/2017/08/31/tony-denunzio-buys-50000-shares-of-dixons-****hone-plc-dc-stock.html
Maybe some of the success here will help DC's fortunes: iPhone 8 anticipation drives Apple shares to all-time high https://www.hl.co.uk/feeds/apps/sharecast?id=26374953
Well could be another PFG bounce back guaranteed but there will definitely be a lot of volatility over the next day or two - PFG, WPP, now Dixon...
Just tried to get a quote for 10k and got an immediate buyer! Only last week, tried to sell 3k and got no quote anywhere near 36p. Seems something is definitely in the offing...
The article is another major boost to confidence in this company...and management - a must read, thanks putneylad66. Wow, knew she was good but never knew she had such fantastic pedigree. Everything seems to have gone quiet since last week and stabilised at the mid-thirties...wonder what is currently brewing. Full year results is just about 4weeks away so we should start seeing some activity soon. Hopefully, there would be some exciting updates from the board...
Very useful info...it does seems we're all in this together afterall!
The Bohoo chat board went crazy last week (and rightly so)...looking forward to that day when all we KOOV faithfuls get to do the same...and who knows, maybe sooner than later...
Eye on India...?
Thanks putneylad66. Yes, patience is key here...was just wide-eyed last week seeing Bohoo top 270p. Added an extra 1k to my KOOV holdings in the confidence that long term, it will generate huge returns for the patient. India is the last frontier of global ecommerce http://www.hl.co.uk/funds/investing-in-india and with the massive market and efforts to modernise the econom, KOOV is well positioned to reap the benefits.
Does anyone have any idea of how the recent capital market day went or when the results will be announced? Or will it coincide with the Full Year earnings release in July?
...this share/company certainly not for the 'fainthearted' or 'shorters...' Boohoo is now trending around 212 today and the sp was at par with KOOVs just a little over a year ago... India is considered widely as the last frontier of the e-commerce market and with the likes of Amazon heavily investing in the region and surroundings, there's definitely a good future for this company. Whilst management don't seem to have had much regard for private shareholder sentiments in terms of updates, the fact that institutional investors are not offloading is certainly a good pointer around the future potential...
...wonder if that's what they're positioning themselves for...almost kicking myself for selling out too soon on Bohoo...a few hundred shares I bought for my son during last summer has returned 247%! (I do not lie). Still hopeful KOOVs will rebound, and yes, maybe from a takeover...
Peel Hunt Trims Koovs PLC (KOOV) Target Price to GBX 80 https://www.google.co.uk/finance?q=LON%3AKOOV&ei=05oiWbDjLYSIUdC3vbgO
...who knows maybe that would be the signal for the potential acquirers - Amazon, Bohoo, Flipkart or even ASOS to swoop...
Very hard to keep faith with this company...but will hold on and really hope for a quick turn around. Just got off the phone with Rob Pursell (had left a voice mail earlier when I called KOOVs) and he reiterated the message previously posted by putneylad66 on Friday that they don't know what's driving down the price. He added that the trades have been by individual investors and the broker (Peel Hunt) has confirmed the fall is not due to any institutional investor activity... Locked in as currently looking at a huge paper loss at this price...
Interesting to note that Asos' growth was driven mainly by 54% growth in international sales (vs. 18% in UK). They're already well established in Europe and US in the West, Russia in the East and Australia...who knows whether India will be the next destination and use KOOVs as the entry point... KOOVs recent tie up with SOUQ.COM, the leading e-commerce company in the Middle East recently purchased by Amazon, and the new clothing line inspired by Pippa Middleton's upcoming wedding in May, again suggests this company will deliver...for LT investors...