Member Info for putneylad66

I agree Jambon, only four of us bothered to go as well!

I doubt they even know what the share price is!

We gave our concerns & they answered most, even though we had found the answers to some ourselves (ie the warehouse move).

Just have to wait for the prelims & trading update. They acknowledged that Sept last year was too late.

Fair play to Sosander who reported today, didn't delay as it looks like they will need a cash call soon as they Q1 was pretty poor.

Last year, Koovs reported very late, literally at the last minute with an appalling update. I don't think they will make that same mistake again.

I have heavily criticised the CEO Mary Turner in the past, but she showed great determination & drive. Impressed me that she meets Future Group top dog Kishore Biyani every 2 weeks.

As for the CFO, well, unfortunately he is way out of his depth with knowledge of retail & how the markets work.

Lets not forget the all important increase in margins!!!

This trend has reversed in early trading in H2, as marketing activities have restarted and the product range is being expanded, currently operating at a trading margin of 24%.

The twitter group now has nearly 20 members, all interested in this fascinating story in India. Apologies to those still waiting to get on. A certain clown has tried to join, so we're having to check people out first.

Koovs shareholders have just approved by a 99.5% majority a 28.36p placing by Future Group! There are no terms & conditions fixed to this.

Coupled with the 8p tranche, this gives a blended price of 15p as per the original deal.

A few decent buys yesterday as people are waking up to what is going on here!

Koovs are also in the strong position of having advertising credit with HT Media.

We will see a trading update with the Prelims probably in July, maybe sooner, but they wouldn't commit to a Q1.

Remember that Q4 showed a 67% increase in sales!!!!

You thinking of buying back in?

A few of us shareholders had a very successful meeting yesterday with Mary Turner & Robert Pursell.

We have set up a very popular private Twitter group, sharing lots of info, research etc.

I even had a cheeky 118,141 share top up today, which hasn't shown up!

I can't see a take out for 28p. Mary & Waheed didn't sacrifice the last few years of their lives with no salary, to come out break even.

Mary's biggest regret it seems was not purchasing a large amount of shares. The ones that she has were bought at a much higher price (37p).

Her options are at about 17p & 53.5p

She will want at least £1

Chinner- you on Twitter?

Yes, I have been a huge critic, but the meeting was a chance to air our views & meet up with genuine shareholders like Jambon, both before & after.
A private Twitter group has proved to be extremely popular in exchanging info/ ideas & sharing research. Obviously we have to be a little wary of a couple of mug punters who may try & slip through the net.
Are you on Twitter?

It was great meeting up with other genuine shareholders today! Thanks Spencer for typing up the questions. Rob & Mary could only tell us what was in the public domain wrt the company, but did give us a massive insight into what is happening in India.
Strangely enough didn't see the clown keyboard warriors there!!

Basically, the Brand is there, the technology, platform & product too. It is now out of their hands as to when take-off in India will be.

As Jambon said, Amazon, Walmart. Alibaba etc are setting it all up for us. It is no coincidence these big Global players are fighting for a market share in the fastest growing major economy on Earth.

Mary is so focussed on making this a success. They took on board our various concerns ie PR, HT Media etc.

I won't discuss here, but genuine shareholders will be invited to join us in a private Twitter group to share info.

Do you mind posting something on the Koovs ASOS thread, so that I can message you- thanks

ADVFN?

Giantsquid & fingers- Iv'e chatted to you both on here previously & do believe that you are genuine. Are you guys on Twitter?

Hi there giantsquid, as you know, I have been suffering here for a few years now. I have a pretty good knowledge of social media in India & let me tell you that Twitter is there just for complaints, gossip & a bit of news.

The target audience for Koovs is not on Twitter, but on Instagram & Facebook

Type in Myntra on Twitter & check out their complaints. Koovs have probably the best reputation on there.

We vote on a 28p placing on Tuesday, we got £3.5 million only last week. We have the retail king of India Kishore Biyani on board.

Q4 showed a 67% increase in sales. I expect Q1 to show 100% in a few weeks.

Yes there are games being played here at the moment ahead of news next week.

SHOCKING!

Koovs MUST now release an rns stating that all is ok.

They have been refusing to engage with/ answer emails from shareholders for weeks now.

The CEO Mary Turner & CFO Robert Pursell are an absolute disgrace who are out of their depth here.

Is that the only thing holding this back? Why is this less than half of the placing price?
Will you be attending next week?

Cheers

Koovs launched it's new ShivanandNarreshXKoovs collection last night in Mumbai, with Bollywood stars like Karan Tacker there wearing their gear. Other social media stars there too.

Looking at the App, many of the sizes were sold out pretty much straight away last night.

https://www.instagram.com/p/By9hNSyBsEz/

Donotpanic- yes, must be a forced seller selling at a loss.

Isn't it funny, how that comedian who reckons he voted no with his one share could not tell me how many resolutions were on the voting slip!!!!

Just goes to show how many clowns post rubbish who don't even hold any shares

I too have voted to recommend the resolutions with my 1.2 million shares. That's 5 million yes's between us : )

To the guy that reckons he voted no, answer this: How many resolutions were on your voting form?

This is just a formality. The resolutions will be passed for the 28p placing.

This is still very much under the radar. 28p placing with the 8p recent placing gives a blended price of 15p.

Q4 showed an increase of 67% in sales. We have had an increase in margins, web traffic & social media followers too.

Should see a Q1 trading update with the reults of the resolutions in the next two weeks.

This could easily treble from here : )

Volumes have virtually dried up, considering that there will be a vote for a 28p placing in less then 2 weeks! I agree with Jambon, that it should be a whitewash.

Growth has started again with Koovs after it showed an increase in Q4 sales of 67%

Very much under the radar at the moment, not helped by the new PR firm doing absolutely nothing. Newgate Communications have been very poor thus far

This character asks a question, then answers it himself 2 minutes later...…. hmmmmmm

Yes the 15p funding terms were changed. We had an 8p tranche last week, then in a couple of weeks, we'll have an EGM to vote on the 28p tranche (to give a blended price of 15p)

Did you get the circular & are you attending?

Very surprised that this is still so under the radar. The vote is only a couple of weeks away. This will pave the way for the 28p funding, combined with the 8p funding last week, will give an average price of 15p.
The following week should see a Q1 trading update which I hope will beat the Q4 trading figures of 67% sales growth.

I believe Koovs have finally turned the corner now that Kishore, Rakesh & Avni Biyani are on board.

And yet the share price is just 7p , absolutely crazy!