Sosandar Share Discussion Threads

[someuwin] 13/12/2019 08:41

Looking strong today.

[daijavu] 13/12/2019 08:39

The next update should be due around the 9th of January

[davr0s] 11/12/2019 20:13

Go on then. Not for me though

[daijavu] 11/12/2019 20:09

Trading update due around the 8th/9th of Jan. It should be a very good one and push the share price well above 30p. Now is the time to buy.

[forethought] 11/12/2019 12:53

It's had a good run from the recent lows. Wouldn't blame anyone to take profit.

[riostroy] 11/12/2019 12:31

Someone has been selling for a week now

[bigboyo] 11/12/2019 08:28

Notable that name of company hosting video is called "piworld" ...

[thelongandtheshortandthetall] 06/12/2019 12:21

Thanks a lot Tomps2!!

[tomps2] 06/12/2019 08:23

Video: Here's the SOS H1 full investor presentation, by Julie Lavington Co-CEO and Co-Founder Julie Lavington & Head of Finance, James Bowling.

Increased investment in product, headcount and marketing.

[daijavu] 05/12/2019 23:00

The whole of the UK will go bust by Christmas if Boris wins

[daijavu] 05/12/2019 12:13

Damned Boris and his Brexit.

[jammydodger1] 04/12/2019 16:45

Tonight you people need to research ALGWBIG PLANS 100,000,000 million. Credit facility about to be approved and signed by a leading UK asset managerMcap of this company is only 5m nowWill be multiples And way past 20pDnt be left out in the cold

[thelongandtheshortandthetall] 04/12/2019 16:45

Had a reply Mark:


Hi

Hope you are well.

Sosandar have engaged a media agency but not a creative agency, all the creative work is done in house. Whilst the media agency does book on behalf of Sosandar, the Sosandar team does also have a direct relationship and dialogue with ITV.


With regards to the cash balance, yes this is after all spend up to 30th Sept.

Kind regards

[thelongandtheshortandthetall] 02/12/2019 19:31

Hey Mark.
Fair enough.
Ive emailed Sosandar IR. hopefully they'll clear it up.

Cheers

[markhowes] 02/12/2019 19:10

They'd be mad to book advertising direct and not take advantage of discounts available to agencies. An agency would be mad to turn down work from a plc with cash in the bank and an eminently insurable credit risk.

[thelongandtheshortandthetall] 02/12/2019 18:42

Had this reply from ITV Investor relations regarding new clients - credit or payment up front.

'Thanks for your email - in short for new business we would require prepayment on all activity.'
-

So I'm pretty certain that Sosandar have indeed paid for their TV advertising up to the 30th Sept. Unless they have used an agency and obtained credit form them, But I'm very doubtful that they have.

Cheers

[swanvesta] 02/12/2019 10:18

daijavu - ok, just trying to understand the context of your comment re debt

[daijavu] 02/12/2019 09:29

swanvesta.

I'm not implying anything of the sort, although it is an option available to them. Merely stating a fact. What the BoD do in the future is up to them. The cash they have will be augmented by revenue. Repeat orders will reduce their cashburn. I couldn't possibly say if or when they might need to raise extra cash. They seem to have enough for the foreseeable future.

[swanvesta] 02/12/2019 08:54

daijavu, I guess you're implying they could take on some debt rather than issue more shares?

[swanvesta] 02/12/2019 08:50

@forethought You're quoting H1 figures and neglecting the much more significant H2? H2 19 was 117%, and broker has something like 75% for this half (but I think it'll be more like 90%.)

[forethought] 02/12/2019 08:31

There will be a cash call yes. Afterall, cost of revenue was reported at 152%. I.E. every £1 in sales is costing them £1.52. Which is a small improvement over their previous reported 162%. So, efficiency is heading in the right direction but still a significant loss ie. the larger the sales the larger the loss in £££ and therefore the faster the cash burn.
Generally, seem to be heading in the right direction but yeah, will need cash at some point later next year. The TU update in January will help for a more accurate assessment as to when.

[daijavu] 02/12/2019 07:41

telbap
SOS doesn't have any debt.

[telbap] 01/12/2019 22:33

@swanvesta.... very unlikely cash will last that long. Harva, that's the beauty of AIM they will just come back to lenders for more cash. If the story is going along the right tracks then they will get it.