Member Info for putneylad66

How embarrassing, making a total fool of yourself on here. As I said before, this is exactly why 95% of traders on AIM lose their money.
Oh dear.....

that this has not collapsed with all that selling! A similar thing happened yesterday with all the selling & this ended up over 30%!!
The selling not as relentless now, so looks good for later.....

Under CEO Mary Turner, this company was run into the ground.
Biyani wants two members on the board.
I'm sure that Lord Alli will try & be loyal towards Turner, but he won't have the boardroom clout anymore.
She is finished as far as I am concerned. Her sidekick CFO Robert Pursell will probably go too.

I honestly can't believe how naïve AIM traders are. I explained to that Predator character & now I'll explain to you that technical analysis on these illiquid AIM stocks is pretty useless. There isn't enough volume. I trade in FOREX & only trade a couple of currency pairs at certain times of the day when there is enough liquidity. I let my Algorithms trade for me now.
These stocks are News & Sentiment driven.
It is no wonder that over 95% of AIM traders lose money.

I honestly can't believe how naïve AIM traders are. I explained to that Predator character & now I'll explain to you that technical analysis on these illiquid AIM stocks is pretty useless. There isn't enough volume. I trade in FOREX & only trade a couple of currency pairs at certain times of the day when there is enough liquidity. I let my Algorithms trade for me now.
These stocks are News & Sentiment driven.
It is no wonder that over 95% of AIM traders lose money.

I totally agree Matt. Indian business men are a nightmare to negotiate with. The bottom line is that this was a rescue package. Lord Alli had no choice. The Company was on the verge of going bankrupt. The CEO Mary Turner totally screwed up the company.

You said this at 18p yesterday & got that badly wrong! Pointless poster.

Biyani will not make the same mistake as other Indian Investors who lost out with Flipkart when they were acquired by Walmart. The winners there were all overseas Investors, Softbank (Japan), Tiger Global & Accel (US).
I am in no doubt that Biyani will eventually take this company out.

There will be record volumes today, surpassing the 15 million traded in June.
This is the biggest news that has ever hit Koovs.
There is massive media coverage in India, as Kishore Biyani is one of the richest men in India.

Placing price irrelevant. The funding is de risked, with the market agreeing. The market likes & that is all that matters.

Kishore Biyani is buying a significant stake in London-listed online fashion retailer Koovs.com, marking the latest attempt by India’s organised retailing pioneer to crack the e-commerce fashion market after his unsuccessful 2016 bid to buy Jabong.com, which was later acquired by a Flipkart unit

Read more at:
//economictimes.indiatimes.com/articleshow/64862837.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

Future Lifestyle rallies 5% on Koovs pact

NEW DELHI: Future Lifestyle Fashions (FLFL) jumped 5 per cent on Thursday after the company reached a conditional agreement with Koovs to subscribe up to 29.9 per cent stake

The move will give Future Lifestyle access to an online fashion platform, something that had been missing from its portfolio, said Jefferies in a note.

Read more at:
//economictimes.indiatimes.com/articleshow/64865060.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

The merchandise from Koovs will now retail at FLFLs retail chains like Central and Model Manufacturing facility. Furthermore, even FLFLs manufacturers might be bought on-line on Koovs, Biyani defined.

It just gets better & better!

Future Group sees a sizeable potential to sell Koovs’ product line through the network of its brick & mortar stores

That is massive news!

Koovs Instagram

Lots of Bollywood & social media stars with millions of followers between them

https://www.instagram.com/koovsfashion/?hl=en

The problem with the 5p shorting brigade & the amateur journalists (Shareprophets Gary Newman) etc, was that they use old school metrics to value these e commerce companies that are scaling up growth.
They do not understand what is going on in India, the last frontier of e commerce in the World. They do not understand demonetisation & GST or their short term impact.
Koovs will now become one of the biggest brands in India!
The clues were all there.....

This was priced to fail. Now virtually fully funded. The company has effectively been sold to the two biggest media & retail corporations in India.
I am sure that they will do a better job.

Investment summary: Once the deal is completed and the money raised, Koovs becomes an exciting way to play the last big world retail market to move online. The prize, if it gets it right, is a billion-pound company and more. It is likely to be a bumpy, exciting ride, but investors have the reassurance of a highly experienced management team in charge, and the backing of two major Indian corporations straddling both retail and media.
http://hardmanandco.com/docs/default-source/company-docs/koovs-plc-documents/04.07.18-the-future-is-here.pdf

Valuation: Once the deal completes, the equity case moves from being an option to a soundly-based proposition. We previously estimated that the current EV of a future successful Koovs could be ca.£357m, including the funds to be raised. This deal completely transforms Koovs’ prospects, in our opinion.

The reason the board was quiet, apart from the odd bit of research that I was posting, was because there was nothing to add. This monster news has blown this out of the water.
You will not see your 13p entry here I'm afraid.
Are you still going to buy in?