Proactiveinvestors Australia - Furnishings RSS feed http://www.proactiveinvestors.com.au Proactiveinvestors Australia - Furnishings feed en Sun, 21 Jan 2018 15:20:47 +1100 http://blogs.law.harvard.edu/tech/rss Genera CMS action@proactiveinvestors.com action@proactiveinvestors.com Kabuni to reveal next steps with Print the Future http://www.proactiveinvestors.com.au/companies/news/184103/kabuni-to-reveal-next-steps-with-print-the-future-184103.html Mon, 18 Sep 2017 12:50:00 +1000 http://www.proactiveinvestors.com.au/companies/news/184103/kabuni-to-reveal-next-steps-with-print-the-future-184103.html Kabuni's shares halted pending transaction update http://www.proactiveinvestors.com.au/companies/news/182573/kabuni-s-shares-halted-pending-transaction-update-182573.html Thu, 17 Aug 2017 13:40:00 +1000 http://www.proactiveinvestors.com.au/companies/news/182573/kabuni-s-shares-halted-pending-transaction-update-182573.html Kabuni looks in a new direction http://www.proactiveinvestors.com.au/companies/news/174260/kabuni-looks-in-a-new-direction-174260.html Mon, 06 Mar 2017 14:30:00 +1100 http://www.proactiveinvestors.com.au/companies/news/174260/kabuni-looks-in-a-new-direction-174260.html Kabuni sets out strategies to commercialise home décor marketplace http://www.proactiveinvestors.com.au/companies/news/170712/kabuni-sets-out-strategies-to-commercialise-home-dcor-marketplace-170712.html Tue, 20 Dec 2016 12:30:00 +1100 http://www.proactiveinvestors.com.au/companies/news/170712/kabuni-sets-out-strategies-to-commercialise-home-dcor-marketplace-170712.html Kabuni gets ready to raise http://www.proactiveinvestors.com.au/companies/news/167245/kabuni-gets-ready-to-raise-167245.html Wed, 12 Oct 2016 07:30:00 +1100 http://www.proactiveinvestors.com.au/companies/news/167245/kabuni-gets-ready-to-raise-167245.html Kabuni Ltd eyes revenue growth from home furnishing marketplace http://www.proactiveinvestors.com.au/companies/news/165613/kabuni-ltd-eyes-revenue-growth-from-home-furnishing-marketplace-70927.html Kabuni Ltd (ASX:KBU) has set a target to grow its online interior designing marketplace business by bringing in a total of 5,000 designers and 200 makers by the end of FY2017.

The Kabuni platform allows interior designers collaborate directly with homeowners and earn income from the sale of custom-made home and interior designs.

The company’s marketplace has gained significant traction with over 1,500 registered designers and nearly 6,000 consumers, setting Kabuni up to move into the commercialisation phase.

E-commerce transactions from the Kabuni Marketplace are expected to serve as a primary source of revenue for Kabuni.

Kabuni's gross profit margin ranges from about 50% for most products from suppliers, to 20% in the case of high-value, hand-crafted maker products.

The company has also opened a community design studio, Kabuni House in Vancouver, Canada, where designers can connect in person with clients.

The Kabuni House is expected to provide an additional source of revenue, with a target of 500 paying members by the end of FY2017.

Based on industry sources, the home furnishings industry generates over US$100 billion in retail sales in the U.S. annually.

 

Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX emerging companies with distribution in Australia, UK, North America and Hong Kong / China.

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Thu, 08 Sep 2016 13:30:00 +1000 http://www.proactiveinvestors.com.au/companies/news/165613/kabuni-ltd-eyes-revenue-growth-from-home-furnishing-marketplace-70927.html
Kabuni Ltd upgrades interior designing app to drive revenue growth http://www.proactiveinvestors.com.au/companies/news/165612/kabuni-ltd-upgrades-interior-designing-app-to-drive-revenue-growth-70644.html Kabuni Ltd (ASX:KBU) has released version 2.0 of its mobile platform with significant upgrades which are expected to drive the company's revenue growth.

The Kabuni platform allows interior designers collaborate directly with homeowners and earn income from the sale of custom-made home and interior designs.

As of July, Kabuni had 1,212 designers registered and is adding an average 35 designers per week.

Key features which have been added into the new versions of the app includes a universal product catalogue, personal designer selection for clients and global search functionality.

Additionally, Kabuni opened a community design studio in Vancouver, Canada in June, where designers can connect in person with clients.

Although membership with the design studio is currently free, Kabuni is exploring the opportunity to generate subscription fee income by charging for membership and leveraging the design studio as a co-working space.

Kabuni anticipates opening more studios across North America as the company continues its development into a leading design platform.

The potential is vast, with over 60,000 design professionals in the United States alone and home designers are responsible for over US$68 billion worth of products annually in North America.

Kabuni is well funded to pursue an aggressive growth strategy with a cash balance of $2 million as at 30 June 2016.

 

Proactive Investors is a global leader reporting financial news, media, research and hosts events for listed emerging growth companies and investors across four continents.

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Wed, 24 Aug 2016 14:30:00 +1000 http://www.proactiveinvestors.com.au/companies/news/165612/kabuni-ltd-upgrades-interior-designing-app-to-drive-revenue-growth-70644.html
Clicks to bricks: Kabuni's interior design studio opens in Vancouver http://www.proactiveinvestors.com.au/companies/news/127493/clicks-to-bricks-kabuni-s-interior-design-studio-opens-in-vancouver-127493.html Wed, 29 Jun 2016 22:59:00 +1000 http://www.proactiveinvestors.com.au/companies/news/127493/clicks-to-bricks-kabuni-s-interior-design-studio-opens-in-vancouver-127493.html Kabuni Ltd crosses major milestone for interior design platform http://www.proactiveinvestors.com.au/companies/news/157183/kabuni-ltd-crosses-major-milestone-for-interior-design-platform-68904.html Kabuni Ltd (ASX:KBU) has crossed an important milestone, registering one thousand interior designers and decorators on the company’s online home design platform.

Kabuni is aiming to "disrupt" the traditional home design and decorator business model.

These designers and their clients collaborate on Kabuni’s platform to create ‘Inspiration Boards’, which are custom-made home and interior designs.

To date, these are primarily located in the United States, Canada, the United Kingdom and Australia, where the company’s iOS app is available for download.

Since April 2016, Kabuni has started earning revenue from the introduction of an e-commerce functionality and capability to its platform, allowing clients to purchase products directly from inspiration boards.

In addition to the online platform, Kabuni will open a community design studio in Vancouver, Canada in June, where designers can connect in person with clients.

Kabuni anticipates opening more studios across North America as the company continues its development into a leading design platform.

The potential is vast, with over 60,000 design professionals in the United States alone and home designers are responsible for over US$68 billion worth of products annually in North America.

Kabuni is well positioned to pursue an aggressive growth strategy with a cash balance of $4.046 million as on 31 March, 2016.

 

Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX emerging companies with distribution in Australia, UK, North America and Hong Kong / China.

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Mon, 30 May 2016 14:00:00 +1000 http://www.proactiveinvestors.com.au/companies/news/157183/kabuni-ltd-crosses-major-milestone-for-interior-design-platform-68904.html
Kabuni Ltd gains traction with client and designer matching app http://www.proactiveinvestors.com.au/companies/news/157182/kabuni-ltd-gains-traction-with-client-and-designer-matching-app-67801.html Kabuni Ltd (ASX:KBU), formerly Magnolia Resources is looking ahead to a listing on the NASDAQ and has been gaining momentum with its client and designer matching app, has launched the latest version of the company’s iOS app in Canada, the United States, the United Kingdom, and Australia.

The North American company's platform enables designers from around the world to collaborate with clients in the US and Canada and earn income from the sale of home décor products and furnishings from Kabuni's catalogue.

This update to the Kabuni app adds full purchasing functionality allowing users to purchase any of the company’s more than 60,000 products available through the app.

The platform connects interior decorators and designer professionals directly with homeowners,

As a result, Kabuni anticipates recording its first sales revenue during April 2016.

For every item Kabuni sells, the company makes a corresponding donation to an initiative intended to combat homelessness.

Kabuni had recently opened its first community design studio in Vancouver, Canada, offering an omni-channel hub for local designers.

Kabuni anticipates opening multiple studios across North America as the company continues its development into a leading design platform.

 

Proactive Investors is a global leader reporting financial news, media, research and hosts events for listed emerging growth companies and investors across four continents.

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Fri, 01 Apr 2016 12:00:00 +1100 http://www.proactiveinvestors.com.au/companies/news/157182/kabuni-ltd-gains-traction-with-client-and-designer-matching-app-67801.html
Hooker Furniture to double in size with Home Meridian acquisition http://www.proactiveinvestors.com.au/companies/news/121036/hooker-furniture-to-double-in-size-with-home-meridian-acquisition-121036.html Thu, 07 Jan 2016 01:42:00 +1100 http://www.proactiveinvestors.com.au/companies/news/121036/hooker-furniture-to-double-in-size-with-home-meridian-acquisition-121036.html Whole New Home resumes trading as e-commerce company http://www.proactiveinvestors.com.au/companies/news/157181/whole-new-home-resumes-trading-as-e-commerce-company-64418.html Whole New Home (ASX:WNH), formerly Magnolia Resources, has resumed trading on the Australian Securities Exchange as a e-commence Software as a Service platform after raising over $7 million.

Shares in WNH last traded at $0.19.

The platform, which connects interior decorators and designer professionals directly with homeowners, has undergone rapid growth since its soft launch in January 2015.

It now has over 340 registered Home Designers and a portfolio of over 40,000 home décor and furniture products.

WNH is focused on achieving full-scale commercialisation of platform by the end of the current quarter.

It also seeks to double the product range by the end of 2015 and increased registered Home Designers to boost revenue generation.

Proceeds from the heavily oversubscribed prospectus priced at $0.20 will be invested across software and technology development, sales and marketing, and business development to accelerate business expansion.

WNH is also in an exclusive agreement with H+ technologies to develop and launch North America’s first true holographic 3D retail experience.

This uses holographic technology, 360 degree projection and interactive technologies to create an immersive experience for Home Designers and consumers to view a room with home décor and furniture.

 

Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX emerging companies with distribution in Australia, UK, North America and Hong Kong / China.

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Tue, 08 Sep 2015 14:30:00 +1000 http://www.proactiveinvestors.com.au/companies/news/157181/whole-new-home-resumes-trading-as-e-commerce-company-64418.html
Magnolia Resources raises $7M, proceeding with acquisition http://www.proactiveinvestors.com.au/companies/news/157180/magnolia-resources-raises-7m-proceeding-with-acquisition-63941.html Magnolia Resources (ASX:MGB) has raised the maximum $7.06 million through a prospectus priced at $0.20 as part of the relisting and capital raising process for its acquisition of PDT Technologies.

PDT owns Whole New Home, which is developing a ground-breaking holographic 3D retail experience in North America with H+ Technology.

This will allow home designers and their clients to view home décor and furnishings offered by WNH as high definition 3D holograms that allow for visualisation of their design vision.

Whole New Home aims to create the world’s first true omni-channel retail experience in the home space.

The company will re-commence trading on ASX under the new name Whole New Home Limited following completion of all ASX conditions to re-comply with Chapters 1 and 2 of the Listing Rules.

Prior to the capital raising, Magnolia Resources had $1.7 million in cash as at 30th June 2015.

 

Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX emerging companies with distribution in Australia, UK, North America and Hong Kong / China.

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Tue, 11 Aug 2015 16:00:00 +1000 http://www.proactiveinvestors.com.au/companies/news/157180/magnolia-resources-raises-7m-proceeding-with-acquisition-63941.html
Magnolia Resources acquiree developing 3D retail experience http://www.proactiveinvestors.com.au/companies/news/157179/magnolia-resources-acquiree-developing-3d-retail-experience-63379.html Magnolia Resources (ASX:MGB) has advised that Whole New Home (WNH) is developing a ground-breaking holographic 3D retail experience in North America.

The company is acquiring WNH, an emerging and rapidly growing online e-commerce platform that connects a community of home design professionals to end consumers.

Its online furniture and homewares platform was soft launched in January 2015 and to date, has over 40,000 home décor products and home designers in over 255 cities around the world, generating approximately 3,700 unique visitors each month.

WNH has entered into an exclusive agreement with H+ Technology to develop and provide holographic technology to WNH for use in the bespoke Design Studio, which will be established in Vancouver, Canada later this year.

The holographic experience developed by H+ and WNH will be a world’s first in the retailing space; for both consumers and designers.

It will allow home designers and their clients to view home décor and furnishings offered by WNH as high definition 3D holograms.

The holograms can be viewed within the “Dream Room”, which will be part of the Design Studio.

The Dream Room technology will also allow clients to upload a panoramic photograph of a room in their home and have this projected over 4 walls, virtually recreating their home environment.

3D renderings of home décor and furniture can then be “placed” within the room to aid the designer and client, to visualize the full effect of their design vision for the room.

As part of the acquisition and prior to relisting on the Australian Securities Exchange (ASX), Magnolia has engaged Alto Capital and CPS Capital to undertake an equity raising of a minimum of $5 million.

This constitutes a significant change in the nature and scale of the company’s activities, it will be required to re-comply with the requirements in Chapters 1 and 2 of the ASX Listing Rules.



Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX emerging companies with distribution in Australia, UK, North America and Hong Kong / China.

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Fri, 10 Jul 2015 11:00:00 +1000 http://www.proactiveinvestors.com.au/companies/news/157179/magnolia-resources-acquiree-developing-3d-retail-experience-63379.html
Magnolia Resources considers acquisition of e-commerce company http://www.proactiveinvestors.com.au/companies/news/157178/magnolia-resources-considers-acquisition-of-e-commerce-company-61261.html Magnolia Resources (ASX:MGB) has entered into a non-binding heads of agreement for the potential acquisition of an e-commerce company that provides an integrated solution for homeowners and property goods and service providers.

The company paid a fee of $50,000 to secure a 60-day exclusivity period to complete commercial, legal and financial due diligence on the company.



Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX emerging companies with distribution in Australia, UK, North America and Hong Kong / China.

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Mon, 16 Mar 2015 12:00:00 +1100 http://www.proactiveinvestors.com.au/companies/news/157178/magnolia-resources-considers-acquisition-of-e-commerce-company-61261.html
Magnolia Resources identifies nickel-copper anomaly http://www.proactiveinvestors.com.au/companies/news/157177/magnolia-resources-identifies-nickel-copper-anomaly-57662.html Magnolia Resources (ASX:MGB) has completed an airborne electro-magnetic geophysical survey and identified a priority nickel-copper anomaly 1.4 kilometre in size, among several additional conductive anomalies at its Oldham Range Project in Western Australia.

The Oldham Range Project is located 400 kilometres north east of Wiluna in the Proterozoic aged rocks of the Warburton Mineral Field.

The Oldham Range sandstone Formation is part of an extensive package of underexplored rock sequence located to the north of the Archean aged Yilgarn Craton, of the same age as the Doolgunna and Albany-Fraser Belt rocks.

These Proterozoic terrains are seeing their first stages of modern exploration in the past few years resulting in a new generation of discoveries in Western Australia.

This Versatile Time-Domain Electromagnetic survey completed by Magnolia is one of the first aerial geophysical surveys on the Proterozoic Oldham Inlier.

The highest priority conductor extends over 1.4 kilometres in length from a modelled depth of 120 metres.

Several of the basement conductors identified correlate well with existing nickel and copper surface anomalism and are further highlighted by structural and lithologic features.

The interpreted results are being integrated with airborne magnetic datasets and existing geochemistry and ground gravity data available to better prioritise targets generated.

 

Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX “Small and Mid-cap” stocks with distribution in Australia, UK, North America and Hong Kong / China.

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Thu, 18 Sep 2014 15:30:00 +1000 http://www.proactiveinvestors.com.au/companies/news/157177/magnolia-resources-identifies-nickel-copper-anomaly-57662.html
Magnolia Resources trades above IPO price http://www.proactiveinvestors.com.au/companies/news/157176/magnolia-resources-trades-above-ipo-price-35284.html Magnolia Resources (ASX: MGB) hit the ASX boards at 12:00pm EDST today with the first trade for the company going through at $0.21 - with sellers scarce.

There are currently other bids at $0.21 in afternoon-trade, providing Magnolia with the potential of closing above its IPO price of $0.20

The company recently completed a successful IPO which offered 12.5 million shares to raise $2.5 million, with the funds to be used for exploration in the Officer Basin of Western Australia.

Magnolia has entered into a share sale agreement to acquire 100% of the shares and options in Stirling, which includes the Oldham Range Project comprising a tenement located in the north western part of the basin.

The project covers part of the under explored Proterozoic Oldham Inlier a basement high within the north-western area of the basin, covering over 140 square kilometres - with the potential for gold, copper, uranium, lead and zinc.

Historical exploration at the project has been limited.

 

Proactive Investors is a market leader in the investment news space, providing ASX “Small and Mid-cap” company news, research reports, StockTube videos and One2One Investor Forums.

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Thu, 01 Nov 2012 15:00:00 +1100 http://www.proactiveinvestors.com.au/companies/news/157176/magnolia-resources-trades-above-ipo-price-35284.html
Magnolia Resources to IPO with WA mineral hunt http://www.proactiveinvestors.com.au/companies/news/157175/magnolia-resources-to-ipo-with-wa-mineral-hunt-35142.html Magnolia Resources (ASX: MGB) has set its sights on exploration in the Officer Basin of Western Australia after completing a successful IPO which offered 12.5 million shares at $0.20 to raise $2.5 million.

Magnolia will hit the ASX boards this Thursday at 12:00pm EDST, and will have a total of 14.6 million shares on offer.

The company will target the basin after entering into a share sale agreement to acquire 100% of the shares and options in Stirling, which includes the Oldham Range Project comprising a tenement located in the north western part of the Officer Basin in Western Australia consisting of exploration license 69/2791.

The project covers part of the under explored Proterozoic Oldham Inlier a basement high within the northwestern area of the basin, covering over 140 square kilometres.

The prospectivity is highlighted by the strong widespread alteration (barite‐hematite‐silica), carbonaceous siltstones and shales in the Quadrio Formation, regional scale structures and anomalous gold, zinc, lead, barium, silver geochemistry.

These are potential indicators for the formation of deposits containing gold, copper, uranium, lead, or zinc.

The area is dominated by the north‐westerly trending Cornelia and Oldham ranges, which rise over 100 metres above the surrounding plains. The southern part of the area is characterized by boulderstrewn hills and breakaways, and in the north by scattered hills, some steeply incised.

These elevated outcrop areas are interspersed with well‐vegetated dune and sand plain deposits of the Little Sandy Desert.


Historical exploration

The project area has been subject to limited previous exploration with initial geological investigation in the Project area completed by the GSWA and no previous exploration or  mining activity has been documented on the Oldham Range Project prior to exploration by Dominion Mining Limited (Dominion) approximately ten years ago.

Dominion completed a number of phases of surface geochemical sampling on the project area. Initial reconnaissance sampling was completed over the area followed by lag and soil surface sampling on north south lines spaced at 2 kilometres with sampling completed at 500 metre spacing along lines.

Infill sampling to 1km line spacing with sampling completed at 500m down to 200 metre spacing in some areas. A program of limited auger sampling was completed on lines 500 metres apart with samples taken every 250m on the southeast margin of the Phenoclast Hill Gravity anomaly.

Dominion also conducted detailed gravity traverses across two large gravity anomalies at Phenoclast Hill and Oldham Range during 2005.

The surveys were carried out to model depth to the source of the gravity anomaly in the Phenoclast Hill area. The gravity low is thought to represent low density altered bedrock as it is unlikely salt diapers exist in the area and have not been documented to date.

 

Proactive Investors is a market leader in the investment news space, providing ASX “Small and Mid-cap” company news, research reports, StockTube videos and One2One Investor Forums.

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Tue, 30 Oct 2012 15:10:00 +1100 http://www.proactiveinvestors.com.au/companies/news/157175/magnolia-resources-to-ipo-with-wa-mineral-hunt-35142.html