Member Info for putneylad66

There seems to be a lot of confusion about how technical analysisis works with regards to the 50% retracement 'rule'. I have used technical analysis is trading certain currency pairs at certain times of the day. Although I now use Algorithms for this, it can be a very good tool if there is enough liquidity. AIM shares are news & sentiment driven with not enough liquidity.

But in this case I will have a look. You only look at the most RECENT move which was from 11p to 28p according to the daily candles- that is a move of 17p. 50% of this move is 8.5p. Take this away from the 28p gives you 19.5p.
Now this 19.5p has to be treated as a 'Zone' where there will be much activity with stop losses, buy orders.

It is NEVER 50% of the high price.
But as I said- technical analysis can be risky with AIM shares- not enough liquidity. Although the 50% is not a Fibonnacci number, it is a psychological figure some may use.

India, the world's fastest growing major economy, is set to record a three-fold growth in wealth in 10 years to emerge as the world's fourth largest wealth market by 2027, according to a global market research group.
Indias total wealth will overtake the UK and Germany.

https://www.khaleejtimes.com/business/global/india-set-to-treble-private-/wealth-in-10-years

With Koovs now selling well over 700 products on Amazon owned Souq.com, the Midddle Easts largest e commerce platform, it is good too see that part of the world is booming too.

A quantum leap: Middle East e-commerce sector is heading for a pivotal moment
The Middle East e-commerce sector is heading for a pivotal moment as activity finally starts to accelerate, says Sameer Bagul, EVP and Managing Director (Middle East), Cleartrip

http://www.arabianbusiness.com/retail/399206-quantum-leap-middle-east-e-commerce-sector-is-heading-for-pivotal-moment

With growing popularity of affordable smartphones and improved internet penetration, online shopping is booming in the country. If the number of India's online shoppers reached 108 million last year, this year it is expected to go up by 115 per cent, according to an ASSOCHAM-Resurgent joint study.
https://www.theweek.in/news/biz-tech/2018/06/23/number-of-india-online-shoppers-to-got-up-115-pc-this-year.html

Taapsee Pannu with 6.6 million followers on Instagram alone has amassed 350,000 likes on one post alone in one day, wearing the pink dungarees in Rome.
Media Mogul & Koovs Chairman certainly knows how to integrate social media into his advertising campaign.
https://www.instagram.com/taapsee/

Still struggling to Buy with two different brokers!
Ofcourse you cannot buy 10K's worth.
But then I would expect that from someone who comapares this with BHS, C&A & Woolworths. Oh dear!

The most I can Buy is 5000 shares at 20.8p
Can sell 100,000 shares no problem.
Looks like the bottom was reached with that tree shake.

Seen it all before!

I thought you sold out?
How strange that you feel the need to still post here!
Analysts & the markets are confident of a placing very soon.
The clue was HT Media getting involved.
Another clue was the huge rise!
This can be difficult to understand, especially when you compare Koovs, an Indian pure play online fashion retailer to Woolworths, C&A & BHS.
I still have not stopped laughing!!

Genuine posters like yourself are few & far between. Others live in fantasy land, whilst most belong to groups with certain agendas depending what message they would like to send out. There was a concerted bear attack this morning. Many stop losses hit as mm's are desperate for shares prior to next leg up.

Nothing has changed since HT Media decided to get heavily involved here : )

Thanks & goodbye.

The last time Pascha posted, he opened a short at 5p- you just could not make this up!
Looks like they are getting a bit desperate!
The reason the analysts & markets liked the deal was that it MINIMISES DILUTION! hence THE 400% RISE THAT SOME OF US BENEFITTED FROM!

Another great rns- a big name joining Koovs- not the sign of a company about to go under!!

You made a good move selling Blueface. I do not think this share was for you- much safer bets out there. Not worth getting stressed/ upset.
It really is not worth getting involved here if you think that this Indian online vertical player is comparable to C&A, BHS & Woolworths.
Now you have sold out, I doubt that you will be on here disrupting the board with made up stories.
At least you provided some great entertainment- have not laughed so much!

Looks like a group of traders are getting desperate to get into this share, making up stories because they missed out on an early entry. Which backers pulled out in November? Koovs are in positive margins now!
If you are not happy, do not invest here- simples!

Spot the posters that missed out on the 400% recent rise!
I think the Blueface character who has an unhealthy fascination with me needs to be a little careful with his libellous & defamatory statements about Koovs. They have updated the market & now operate positive margins.
The reason that they & others could not raise money before was down to the e commerce sector being hit hard by demonetisation & the Goods Service Tax (GST).
The climate has massively changed, especially after Walmarts takeout of Flipkart (Myntra & Jabong).
As a regular visitor to India for both business & leisure purposes, I have seen a massive change in the last two years.
The country, e commerce & online shopping is really taking off.
It is no wonder that HT Media are massively interested.

Brilliant how someone can compare a pure online vertical player in India to some has been retailers on the UK high street.
Priceless, but this is AIM.

The newly signed up Bollywood star already has nearly 300,000 likes with her very first post strutting the new Koovs summer range.
Can see a big summer campaign looming.....
https://www.instagram.com/taapsee/

Analysts think that the 6 million pound funding is a done deal. The markets also agree, hence virtually no retrace.
Lord Alli has done extremely well with this deal, limiting dilution for existing shareholders.
As I have said for many months, I believe the first round of funding will be at 25p, with future fundraises at higher figures.
The first round I believe will be announced in a couple of weeks.
Judging from the illiquidity here & how I have struggled to buy shares over the last two trading sessions, I can see another rerate during this period.

In todays Daily Mail

Another firm which strutted its stuff this week was online fashion retailer Koovs.
The company, sometimes referred to as ‘Indias answer to ASOS’, more than doubled in value after it welcomed one of the country’s largest media group’s as a new cornerstone investor.
In return, HT Media, which owns the Hindustan Times newspaper among other things, will provide Koovs with almost £17million of advertising and marketing credits which can be used in its publications.
The deal isn’t over the line just yet as it is conditional on a separate 6 million pound fundraise going ahead, but analysts seem fairly sure that this wont prove to be a problem.
Giving another little boost to the share price was Koovs’ collaboration with Bollywood film star Taapsee Pannu, who has 17million followers across her various social media accounts. Koovs shares soared by 106 per cent to 23.4p.

I know that the Indian Venture Capitalists are really kicking themselves over the Flipkart deal. New York investment vehicle Tiger Global, fellow U.S fund Accel & Japanese Softbank Vision Fund all made a killing. HT Media is already a major shareholder. I can see it becoming the major shareholder here, before selling out in a couple of years at way above the current price. A good payday looms for Chairman Lord Waheed Alli too.

Shalamar- Personally I do not see the first round of 6 million pound Fund Raising to be over 30p. I will stick to the 25p as alluded by the Hardman & Co analysis (funded by Koovs). I have been in this for over two years, so know the company, management & sector very well. Previous Placings have resulted in sharp rises thereafter as market concerns have been removed. What could really do it will be who the new Investors on board will be. There will no doubt be heavy Director involvement. Indian venture capitalists really missed out with Flipkart. They just did not have the guts to invest early. When Walmart took out Flipkart, it was the foreign investors that laughed all the way to the bank.