Sosandar Share Discussion Threads

[robertbarns1] 27/11/2024 14:16

the management don't see value at 8p's ? as they are not buying




ZERO BUYS FROM THEM

[robertbarns1] 27/11/2024 14:05

wait for 7p top up folks



bottom draw for another 12 months now

[tomps2] 27/11/2024 13:39

Sosandar (SOS) Half Year results presentation - November 2024

Sosandar Co-CEOs, Julie Lavington and Ali Hall, and CFO, Steve Dilks, present the company’s results for the six months ended 30 September 2024, followed by Q&A.

Watch the video here:

Or listen to the podcast here:

[robertbarns1] 27/11/2024 13:36

get ready for more action lol

[raleigh43] 26/11/2024 16:50

I missed the presentation today.

Was Sainsbury's mentioned?

[bbmsionlypostafter mk2] 26/11/2024 15:16

AIM-listed ladieswear purveyor Sosandar (SOS) served up its half year results to September this morning. As previously indicated, revenue fell quite heftily to £16.2 million as a result of reduced promotions and the loss was reduced to £0.7 million. The company promises a profit of £1 million at the full-year on the basis of in-line post-period performance, but that “in-line” is with reference to market expectations, which were heavily reduced (again…) only last month. As such, I’d suggest the promise of jam tomorrow should be taken with a pinch of salt especially in the current UK economic environment...

[robertbarns1] 26/11/2024 14:51

poor results



i am now shorting

[chatchat] 26/11/2024 13:52

thanks ashkv

[ashkv] 26/11/2024 13:38

My takeaways from 26 Nov 24 investor call ->

- Sosandar has capacity to open 10 new stores in 2025 / however, this is conditional on appropriate locations - as management will not compromise on location.

- Revenue run rate has started increasing from September 2024 and is now equal to 2023 levels even with the low discounting / higher margins per item sold.

-- Footfall on average for 4 new stores is 2000 per week / approx 300 per day which is decent, return rates far better at 10% for buys versus nearly 45-50% for online orders. Thereby driving increased profitability!!! Not providing any guidance as to store sales/profitability etc

- Looking at international expansion / tie-ups but nothing to announce at present.

- No reply as to my query on Buybacks, Director Buys or expanding the share register via onboarding of new Institutional Investors.

The management could do with more pizzazz and concrete guidance as to revenue uplift - it appears a bunch of folks who talk big but are not walking the walk!!! Happy with their success to date....

[boonkoh] 26/11/2024 09:31

Key sales season still to come and outlook statement was a bit weak. Not much momentum IMO.Also no tangible numbers given for physical stores, except the woolly "inline with management expectations". Also no green light for further stores. So still unknown whether they will be a revenue growth driver going forwards.

[ashkv] 26/11/2024 09:09

Solid results - however, been a while since management have lifted sales and profit guidance!!!

Share price not reacting and 10-11% off 52week lows of 8p

Balance sheet remains robust with cash position of £7.0m at 22 November 2024 [At 9p Net Cash about 1/3rd of Market Cap - with no material liabilities to speak off[

At 9p Market Cap £21.72mn and Net Assets £17.7m at 30 September 2024 compared with £17.2m at 30 September 2023.

No value in share price for the business/brand etc!!!

Would be nice to receive a RNS with a significant Director Buy!!!!

[tomps2] 22/11/2024 10:41

Sosandar (SOS) Half Year results webinar

Tuesday, 26 November, 1:00pm

Sosandar Co-CEO’s, Julie Lavington and Ali Hall and CFO, Steve Dilks, will host a presentation of the the companies results for the period ended 30 September 2024, followed by a Q&A session.

Watch the video here: bit.ly/SOS_H1_results_webinar

[havinthelasttoast] 21/11/2024 10:49

Did warn you robert.

Web data never lies. Jd sports. ASOS. Thg. Boohoo. Here

It never lies. This company has next to no chance long term.

[someuwin] 16/11/2024 17:22

On TV right now... QVCUK (Channel 16) an hour long programme "Sosandar Fashion Premiere"

Another odd marketing choice from SOS. I've no doubt they'll sell some kit during this hour. But does flogging discount clothes on a shopping channel really enhance their brand image?

[robertbarns1] 07/11/2024 10:26

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[robertbarns1] 07/11/2024 01:04

Wow Paul Scott is saying ASOS will go bust within 2 years







Sosandar keep expanding lol

[someuwin] 05/11/2024 13:35

watcher - yes good point. I remain unconvinced at this stage though.

As for Paul Scott, he has surprisingly today quit Stockopedia and launched on Substack.

This will be a paid for subscription, but is initially free and you can see his comments on today's SOS news here...

[watcher00] 05/11/2024 12:52

Someuwin Next have done exactly that and haven’t done too bad imho!.. I think this will be great for brand awareness

[laughton] 05/11/2024 09:27

It does rather seem that way.

[someuwin] 05/11/2024 09:21

This seems like an odd deal. Where are they taking the Sosandar brand?

Do fahionable women really want to buy dresses with a label that's found on Next tables and chairs?

Are they just lurching from one direction to another without a coherent plan? Hoping that something will work?

[montynj] 05/11/2024 08:14

You write "interesting P Scott view" but don't say what his view is ....