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Chinner where did you see that it had been up for sale since october.?
We need to get in touch with Jambon and Putney to see what and who they know to help with this, I don't believe they will have sold out. There is a journalist who works for the Telegraph Laura Onita who did a piece on Ali in june when she worked for the standard she may want to do a new piece on how he has ripped of shareholders.
I agree with you Chinner must be something we can do i would have thought there would have had to be a shareholder meeting before administrators could move it on after all private shareholders amounted to about 50% of the company.
Does anyone know if they have to hold a shareholders meeting to explain the failure of the business as they do with a limited company, I think it would be interesting to see what efforts if any were made for alternative funding, think they should be made to explain this to shareholders.
I think Alli already decided on this coarse of action before releasing the res on 18th nov,I thought all the way along that he couldn't be trusted these kind of people have no scruples that's how they make millions at others expense, Wouldn't surprise me if when he gets hold of the company that he sells it to Biyani or takes him on as a partner, Think this has been planned and i am one who topped up in the last few weeks even though i thought it could go tits up, lost everything like a lot of others on here.
Putney have you got contact for jambon we all need to get together and see if there is anyway of fighting Alli on this.
How are these bigger buys going through i can only buy in £500 at a time.
Chancer Jambon got out after ranting about the price keep dropping , yes he did bull it up until we kept having those big drops and he got caught like the rest of us don't know if he came out on top in the end. I for one started buying in here at the same time as Jambon at 21p and have averaged down to 11p now buying some more last week, Just unfortunate that they gave the details of the funding at the same time as the trading update otherwise this would have risen nicely.
Would only need Ali to back it with 10 mil and would rise nicely and the other funding would come then, Can't see him not doing anything about this situation. fact is we don't know what they are working on hence i don't think it's a good idea to rock the boat with accusations in the Ft until we know what is going on.
Have you forgotten that the majority of us lost money on Boohoo because of the constant huge drops in the share price. Putney and Jambon were knocking that all the time , We all got out because of the constant drops, had we stayed in and held tight we would all have made a lot of money there.
Why is it everybody seems to think they can do better than the current management,
If they could they would have your own company not investing in someone else's.
In my opinion they will make it much worse by going to the papers, I know Jambon has lost a fortune on here at the moment but he shouldn't, have encouraged everyone to max out there credit cards on this stock , maybe that's what he has done,
Where has Putney, Jambon and chinner gone?
Every good update from koovs is followed with a kick in the teeth,
Going to reduce stocks etc no doubt turnover will go down again .
If we didn't have the problem with funding or Ali said he would cover the funds
until it was sorted with fl this would have shot up , don't see it flying at the moment hope
i'm wrong.
Also up early Chief , Was thinking last night if Ali was to put in 10 million and the share price would certainly go up to at least 28p the level it did with the fl news then his shares would rise by 12million pounds, can't see him letting this die, Would soon get other investors in then.
I don't know how there is sales of 250000 i can't get a quote for 50000 ,
The secured loan was for 1.5m how do you come to the conclusion he would own the company outright if went into admin.
Thanks for that putney.
Putney, What do you mean by the now defunct HT Media deal ?
Hi, I don't see any mass selling here yet from any institutions,
According to Market Screener there is six financial institutions holding 29.6 % of shares in Koovs
If they were thinking this is likely to fail then i am sure they would be selling so i am still holding.
Putney some of us have better things to do than continually knock shares that your supposed to be invested in, I started buying here the same time as Jambon at 21p but have managed to keep buying and get my average down to 12p i may not have the millions of shares you and Jambon claim to have but i do have a very significant loss at the moment.
I only hold 550,000 shares and i have an average of 12p so am sitting on quite a loss at the moment but see no sense in abusing the board gets you nowhere, As i said previously either sell and take the loss or hold with the hope it does come good which i think it will .