Member Info for putneylad66

LSE rules being broken as to why HT Media's reduction in holdings has not been declared. I still believe they haven't notified Koovs. I have written to HT Media for an explanation & asked Techcircle to investigate. They had 12 million shares, dumped 10% (1.2 million) so have shed loads to go. It's quite worrying that there isn't much interest at 15% below the last placing price! Koovs needs to reassure shareholders now!! I truly hope that they are working behind the scenes to find a buyer- otherwise this will decline further.

HT Media are the only ones who have admitted selling stock (10%, earlier then they said they would). They need to have LSE rules explained to them wrt Holdings & notifying the company (Koovs). It is damaging to the share price & sentiment here. I am extremely disappointed that an Institutional Investor is taking profits so soon. I don't believe a word HT Media says, as they have given contradictory statements in the past. The sooner they go, the better- then the share price may recover. There looks like a large order being worked at 45p (like their last dump)- hopefully it will be good riddance to them.

Yes- massive potential here as Online fashion is booming in India. The problem here in recent months has been the amateur nature of HT Media. I personally believe they have zilch credibility. They say one thing & do another. They are taking profits from their 25p per share investment, having dumped 10% of their investment & not notifying Koovs. You'd think a credible Institution would hang on for a few years at least! I'm sure all will be revealed soon. Surely Koovs must ask for an explanation- especially why they haven't notified them of reduced holdings. The joys of foreign investment.

Sandeep Jain (Chief Strategy Officer, HT Media): “We also have to understand that we have a sizeable holding in Koovs and we cannot be selling the entire stock in the market in one go. We would certainly start selling some of this stock in the coming quarter.” (interviewed by Shalini Gupta- Quantum Securities) in November. They didn't wait until the next quarter & started to dump straight away!! Then in December: Piyush Gupta, chief financial officer at HT Media, said that the company “exited 10% of our holding in the market last month and (is) not intending to exit anymore at all”. I'm sorry, but it's cleat that HT Media cannot be trusted in what they say. Why haven't they notified Koovs yet? If they are continuously dumping- this is not going anywhere for a long time. Waheed Alli & Peel Hunt really need to get another Institution to take the shares off them. They have been dumping into an illiquid market, which is very damaging to the share price.

Strange why still no Holdings rns about HT Media dumping. The last rns stated the % drop was due to dilution & that HT Media still held 12 million shares. Although HT media stated that they weren't offloading more then the 10% they already have admitted to- Why haven't they notified Koovs yet? The only reason would be that they are still dumping & have reneged on their statement. (NOT THE FIRST TIME).

Massive post demonetisation figures from Flipkarts (Myntra & Jabong) just out. Sales up 160% in January to $126 million Looking good for online retailers in India, the fastest growing major economy on Earth. HTTP://techcircle.vccircle.com/2017/02/06/myntra-clocks-sales-of-rs-850-crore-in-january/

Bollywood superstar Sonakshi Sinha promoting Koovs with a video all over social media- Instagram, Facebook, YouTube & Twitter. This social media star has 6.8 million followers on Instagram (@aslisona)- with that video being viewed over 100,000 times in a few hours. Sonakshi Sinha also has over 23 million followers on Facebook!! Koovs really know how to capture their market.

Great publicity today. Also an article in Vogue India about the new collaboration out on Feb 16th Koovs just announced its next big designer collaboration Neharika Manjani | February 2, 2017 HTTP://www.vogue.in/content/koovs-just-announced-next-big-designer-collaboration/ Masaba x Koovs launches Feb 16th

Mary Turner & Waheed Alli are rather confident!! Koovs: Putting a fashionable foot forward By positioning itself as a fashion-centric portal, Koovs is creating a niche market for itself in the Indian apparel etailing space HTTP://www.forbesindia.com/article/work-in-progress/koovs-putting-a-fashionable-foot-forward/45625/1 Gagan Chauhan, senior business analyst at consultancy RedSeer, says the growth rate Koovs has achieved can be attributed to the fact that the company has pivoted itself as a fashion-centric portal and seems to have created a loyal set of customers. Koovs is also distinct from other clothing platforms, such as Jabong, Myntra and Amazon, because it concentrates on disruptive designs, has its own private label, and has an inventory-led delivery model. The company is also aware of the challenges that other big online players in the fashion space like Myntra, Jabong and Amazon offer. But Alli isn’t losing sleep over it; he says there is space for everyone. The company says it is on track to deliver 14 lakh orders in FY17, up from 6.5 lakh in FY16. Koovs claims to get 4,000 orders every day which, on a good day, can go up to 10,000. “The objective is to become the No 1 fashion destination by 2020,” says Turner, adding that the company hopes to break even by 2019.

One of my brokers is now willing to take 225,000 shares off me for 45.18p. That alone tells me a large Buy order is in place- all will be revealed.

Can't Buy a single share at the moment, but can sell 50,000 no problem. There is a large order at this level- expecting a big trade soon!

HT Media have admitted to already having dumped 10% of their holding, but no holdings rns issued by Koovs. The only reason for this would be that they are still dumping. This is being sold down to a level where a large buyer would be content with. My guess is 45p, like the previous large chunk I just hope that Waheed Alli & Peel Hunt have found a buyer. HT Media did hold 12 million shares, then dropped to around 10.8 million shares. I estimate that they still hold 10 million shares. Although they stated that they were not selling any more, they haven't been totally transparent before.

This indicates a possible increase of over 100%. They have been extremely accurate with their analysis & price targets with Boohoo. Has anybody seen this research note?

A nice delayed BUY from Thursday showing up. 103,000 shares at 50p.

The chairman Lord Waheed Alli holds about 38 million share here, topping up with 1 million in the last placing a couple of months ago. Other Directors have plenty of skin in the game too. For older Investors here, remember when at the helm of ASOS, he took the share price from 4p to over £20!! It's worth researching the management here- top notch people with pedigree.

A positive update that reassures Shareholders post demonetisation. Should have been done earlier- but at least they have listened to our concerns.

I predicted £7 million for the 3 months. This trading update shows £13.45 million (9 months). The first 6 months from interims were £7.9 million. So last 3 months, figures are £5.5 million- so slightly below my very high expectations.

Koovs finally reassuring frustrated Investors post demonetisation. This could have been done weeks ago- but at least they've now listened! Hopefully, most weak holders have left now left. Koovs high margin own label accounts for 40% of their sales- so bodes well for the future

Koovs have played a blinder signing up Masaba Gupta- a big name in Bollywood fashion. Check out who she dresses & how many followers they have on Facebook: From her website HouseofMasaba.com Sonam Kapoor : 15,315,435 Sania Mirza : 12,480,086 Huma Qureshi : 5,133,781 Bipasha Basu : 5,912,486 Sonakshi Sinha: 23,184,860 Shreya Ghoshal: 27,893,924 Neha Dhupia : 3,773,873 Alia Bhatt : 11,900,000 Instagram Priyanka Chopra: 26,406,754 Kajol : 3,177,540 Anushka Sharma : 6,465,054

Brand new App out today for Koovs. Also: Koovs.com collaborates with Masaba New Delhi, Jan 24 : Designer Masaba Gupta has collaborated with online fashion destination Koovs.com to launch a capsule range focused on athleisure. The collection -- Masaba X KOOVS -- is a mix of fun and individualistic designs. The range comprises ready to wear pieces such as body suits, jumpsuits, joggers, crop tops, tank tops and sports bras. There are accessories such as flip flops, tote bags, backpacks as well. The prints for the collection are like a battle between temptation of junk food and fitness, and brings to life a versatile range bearing four different prints -- Gumbell, Swagger Gum, Swim Girl and Chocolate. "Athleisure has been on my mind for many years now and I am thrilled to have partnered with Koovs to launch such a collection finally. The line is aimed at young, fashion-conscious women who love a chic ensemble even when they are on the treadmill. The line also has fun accessories like totes, printed slides to glam up your wardrobe," Masaba said in a statement. Masaba X KOOVS will launch on February 16.