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MINDING THE LSE’S BUSINESS

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Latest

Koovs will continue to burn through cash at a rate of knots

Published 3356 days ago

I’ve been seeing a few mentions of shares in Koovs PLC (KOOV) being a good recovery play, but I’m not so sure, Indeed I can see further share price downside to come.

Koovs – it’s cash rather than social media reach which is currently critically important!

Published 2481 days ago

Seller of “affordable western fashion in India online”, Koovs (KOOV) has followed an announcement last week of “partners with Bollywood icon Taapsee Pannu” with “GQ Best Dressed Kunal Rawal Joins Rush For Koovs”. Hmmm, ramptastic?...

Koovs – recent performance “a clear indication of the strength of the Koovs' underlying business model”? Er!...

Published 1990 days ago

I first wrote here on self-styled “Western fashion experts for online Indian consumers”, Koovs (KOOV) in 2016 – concluding there is much still to be delivered to justify the valuation here – even at 25p per share… Not for me at such a stage and most recently last year; it’s cash rather than social media reach which is currently critically important!. The shares have since sunk further – and are currently further lower, at sub 3p, on the back of a “Second Quarter Trading Update”

Another triumph for AIM: Labour Lord Alli’s Koovs goes bust

Published 1948 days ago

Well you cannot say you were not warned about Koovs (KOOV) by this website numerous times. This Bearcast from January 11 2016 (Koovs disgusts me) is pretty explicit. The City Crony capitalists loved the Indian retailer as its momentous losses meant it was a fee cash cow. I dread to think how much coke & hookers cash this company generated for the City.  Our full list of warnings are here and should be preserved as, today, the administrators were called in, the Nomad quit and the Fat Lady moved centre stage. What is the Hindi version of “All the Money’s gone?”

Koovs – agreement to buy media & advertising services… but isn’t it cash crunch ahoy?

Published 2489 days ago

Seller of “affordable western fashion in India online”, Koovs (KOOV) “is pleased to announce… the company will acquire four £6m tranches of media from HT Media at six monthly intervals over a twenty-four-month period”. Hang on a minute, isn’t it cash crunch ahoy here though?...

I would continue to avoid Koovs until it proves that it can turn the business around

Published 2403 days ago

I came in for a fair bit of criticism when I covered Indian fashion retailer Koovs (KOOV) negatively and suggested it was a sell or avoid back at the start of July. Since then the share price has pretty much halved from the 20p level that it was trading at, so I feel that my criticism of the company was justified, and my view has been vindicated – hopefully some of you who have read my articles and were holding at the time also saved yourselves from seeing the value of your investment halve. A number of people have been asking me what my view is of the company now that the share price has dropped back to around 10.6p to buy, so I felt that it was time to take another look.

I'm totally baffled by the current Koovs valuation!

Published 3226 days ago

Online fashion retailer Koovs PLC (KOOV) is one of those companies where the market valuation continues to baffle me, and I can’t see any reason currently why the share price should be anywhere near as high as it is.

Koovs burns cash at an alarming rate but fails to translate it into significant growth - sell

Published 2475 days ago

Indian online fashion retailer Koovs (KOOV) is a company that I have kept an eye on as some were tipping it to be the next Asos, but I have always been far more bearish on the chances of that actually happening!

Koovs – interims, “pleased with the progress we have made in our business fundamentals”. Really?

Published 2669 days ago

Online fashion retailer focused on India, Koovs (KOOV) has announced results for its half-year ended 30th September 2017 – including CEO Mary Turner “pleased with the progress we have made in our business fundamentals”. Sounds encouraging…

Koovs – share price excitement dampened as it currently remains cash crunch ahoy

Published 2549 days ago

“Share Price Movement and Interim Funding” announcement from India online fashion retailer Koovs (KOOV). Hmmm, “interim funding” hey…

Tom Winnifrith Bearcast 11 Jan - Koovs Disgusts me, Afriag - incoming!

Published 3377 days ago

I think that Koovs (KOOV) is a basket case anyway but the manner in which it disclosed information - or lack of it - this morning is disgusting and treats private investors with contempt. The Gulf Keystone (GKP ) RNS is a shocker & I have cut my target price to well below 10p. Some folks just don't seem to accept how the oil price has changed everything and I discuss why certain stocks are now well and truly toast notably Northern Petroleum (NOP), IGAS (IGAS) and LGO Energy (TOAST).  I am delighted to see that Cynical Bear's articles yesterday have had some impact and comment on Corero (CNS) in detail. And then Afriag (AFRI). Its my birthday tomorrow and I have a present for Yusuf Kajee to celebrate. Incoming!

Koovs remains highly speculative at this stage

Published 2309 days ago

Indian fashion retailer Koovs (KOOV) has just released its interim results and they don’t look pretty, but to be fair to the company that was largely expected.

Koovs plc – “received firm indications of interest” for £20 million, but will the jam tomorrow be delivered?

Published 3284 days ago

India-focused online fashion retailer Koovs (KOOV) has announced a conditional, including on General Meeting approval, capital raising at 25p per share. This stated to be “part of our planned growth, and will allow us to continue to build our brand, develop our customer offer, and deliver our strategy”. Hmmm…

Tom Winnifrith Bearcast: Roland "fatty" Cornish - "oops I did it again

Published 3177 days ago

I start with Gulf Keystone (GKP) and a share price driven by morons. talking of morons, London's most useless Nomad, Roland "fatty" Cornish has screwed up again. This time it is Nyota Minerals (NYO) although the real issue here is when is Nyota bust. I think it might be already. I look at Avanti and ask who is smarter: Tom Dobell of M&G, a Bulletin Board Moron or an institutional investor in bonds. I look at Koovs (KOOV), Essentra (ESNT) and Audiooboom (BOOM).

Notes from Underground - Kids Today. They dress like bums. And their music is just noise.

Published 3371 days ago

Come on, people, give me something to work with here. Six of the top ten reads were Bearcasts. What am I supposed to say?

Tom Winnifrith Bearcast 15 January: The Force Awakens, The Sith Lord cast into exile

Published 3373 days ago

The Sith Lord Zak Mir will be leaving the rebel alliance for good on Sunday. As of now this site is (with the exception of the miserable froggie Thierry who has penned a great piece today) fundamentals only, no TA nonsense. We will do some buy tips but not of that ramping shite Bulletin Board Morons love - this site is becoming more critical and bearish. In terms of the market I comment on the joke that is ISDX in light of Nigel's great article today then onto MX Oil (MXO) - explaining market abuse & insider dealing for Wildes and other morons - LGO Energy (TOAST), Koovs (KOOV), UKRProduct (UKR), EG Solotions (EGS), Webis (WEB) and BMR (BMR)

Tom Winnifrith Bearcast: I apologise you might not be morons you might be criminals instead

Published 1970 days ago

In today's podcast I look at Brady (BRY), Westminster Group (WSG) the dog run by disgraced former Tory MP Tony Baldry of 3DM infamy, Inspirit (INSP), Koovs (KOOV), Neil Woodford dog Verseon VERS) where it must surely be almost lights out time and at IQE (IQE).

Tom Winnifrith Bearcast 30 September - fuckwit PR men & other matters

Published 3480 days ago

Interrupted by fuckwit PR men and a host of other things this is not a good day. But at least in 48  hours Pizza hardman Darren Atwater has the FSAL headache and I shall be away from acursed London and back in Bristol. On the podcast today: Outsourcery (OUT), Wandicso (WAND), Paragon Diamonds (PRG), Sefton Resources (SER), Fitbug (FITB), Koovs (KOOV), Boohoo.com (BOO), Daniel Stewart (DAN), Golden Saint Resources (GSR) and Blur (BLUR).

Notes from Underground: The most-read stories of the week, and the dramatic rise and fall of Cannabis stocks

Published 1943 days ago

I must be a glutton for punishment. After a few weeks of being battered by readers for supporting legalisation of marijuna, here I am with a chart about how cannabis stocks fared.

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