Sosandar Share Discussion Threads

[onjohn] 25/10/2020 15:03

Asos has said sales down

[atkijo] 22/10/2020 19:24

Curious, how do you know sales are down this month?

[jackson83] 22/10/2020 14:51

I can see this at 10p soon as sales are down this month... dilution soon

[onjohn] 13/10/2020 05:40

They’ve furloughed and deferred vat and paye otherwise cash burn would have been more than the 1.5m in the h1 period Vat to be paid over in jan?! And they’ve stopped advertising in the tube Sales are sluggish when others are reporting 100pc growth they did 53pc Sos own growth rate has halved year on year was 103pc in ft19 and slowed now Stopped advertising and instead is hiring space on johnlewis site so margin Down Wait till has to pay hmrc back

[onjohn] 12/10/2020 19:53

40m market cap. Ready for a tonking back down No profit just losses

[swanvesta] 09/10/2020 12:49

jackson, any chance you could post/summarise Paul's comment please? Don't have a Stocko sub any more and feel we're missing out here on ADVFN, the more usual home of P&D.

[jackson83] 09/10/2020 11:53

another pump pump before the dump by the Paul & S crew ...

[daijavu] 09/10/2020 09:55

montynj. I take your point about 20p but I won't be really happy until we break the peak of around 45p it reached in Sept 2018. Then it really will be blue sky.

[montynj] 09/10/2020 09:03

Nice looking chart...if we break 20p then it's blue sky

[dancing piranha] 08/10/2020 17:25

Added 50k today, profit from elsewhere....

[montynj] 08/10/2020 11:19

Looked a very good update to me...the best investment gains are made when no-one else is...when it's below the radar...now is time to load up

[swanvesta] 07/10/2020 14:46

It's a trading update. Figures will be released with interims in December.

[energeticbacker] 07/10/2020 14:13

Substantial improvement in the EBITDA loss, but they fail to specify what this loss was. Surley they have some idea!?? Having received £20m investment to date and profitability still a distant dream Investor's Champion latest comment suggests a marketing re-think is due. The valuation still looks bonkers!

[bg23] 07/10/2020 07:46

another great update. progressing nicely

[photon] 07/10/2020 06:51

Going places. You can see why Schroders like them so much.

[anderson sw] 07/10/2020 06:43

More lies from OnJohn. It’s a cracking update and confirms sales up, gives the net cash figures and conform they are now break even and continuing to grow customers. 20p imminent.

[che7win] 07/10/2020 06:38

Truly excellent!Net cash level and Revenue increased by 54% August to September.

[onjohn] 07/10/2020 06:33

Slow down in sales from Q1 to Q2 looks like a shortfall to me No mention of cash burn or how much cash is left Looks fuct

[jackson83] 02/10/2020 01:57

THEY WILL NEED FUNDING AGAIN IN 2021.. I can see this drop back to 10p without news ... looming recession/stock market crash soon.

[sdmbot] 04/9/2020 07:21

abarclay, You can read their annual report here: hxxps://www.sosandar-ir.com/docs/librariesprovider44/archive/reports/annual-report-2020.pdf Page 49 / 50 Non Execs total comp is ~ £210k incl. Murray, Reynolds, Collingbourne & Booth, excluding share based payment its £180k, not exactly cheap but they did do some capital raising during the period, which I think Adam Reynolds helps with. He's also active in promoting Sosandar at investment events. Regards the fees in 2018 I think that they basically relate to the reverse takeover of Oregen PLC when Sosandar listed on AIM, £500k of share options and £435k which was paid prior to the reverse takeover. Here is the listings document: hxxps://www.sosandar-ir.com/docs/librariesprovider44/archive/circulars/admission-document-10-oct-2017.pdf Again, not exactly hidden. Good luck with your err.. research.

[abarclay] 04/9/2020 06:57

check out what he took in 2018 while the business was in a perilous cash strapped state Two women founders £153,000 each Non execs Reynolds £671,686 Metcalf £496,376 Booth £292,378 Are they still taking these kinds of salaries ]Ive not seen its like

[toffeeman] 24/8/2020 09:26

You still in this Telbap? Hope you good

[jamesto2] 23/8/2020 14:24

Sunday August 23 2020, 1.30am, The Sunday Times The home secretary, Priti Patel, has told the fast fashion giant Boohoo to “step up and take responsibility”; for its suppliers, which have been accused of exploiting workers paid as little as £3.50 an hour. In a letter to Boohoo chief executive John Lyttle, Patel criticised the company’s response to an investigation by The Sunday Times, which found workers being treated like modern-day slaves.