Sosandar Share Discussion Threads

[dgbell7] 20/1/2020 08:37

Good news on the sales but cash burn is an issue. Looks like we could soon be in negative territory today but I’m a long term holder. There’s risk here of course but potentially a huge upside. I can see myself topping up if we go below 25p.

[bg23] 20/1/2020 08:32

an excellent update.

as they continue to prove their capacity to create and meet demand, shareholders will happily support any fundraising requirements necessary. SOS haven't been greedy and raised 10's of millions to support a flaky pitch, they've raised as necessary as they update and prove the story.

very exciting

will continue to add as funds become available.

[glavey] 20/1/2020 08:30

Time for the January stock sales.

[daijavu] 20/1/2020 08:16

The initial market reaction is not overwhelming

[wton1] 20/1/2020 08:16

Loss making pile of dog dirt

[ljhrunner12] 20/1/2020 08:12

"If a business starts selling GBP10 notes for GBP9, it would enjoy huge sales growth..."

Depends how much they charge for delivery 🤔

[thelongandtheshortandthetall] 20/1/2020 08:06

good start :)

[pj0077] 20/1/2020 07:48

If a business starts selling GBP10 notes for GBP9, it would enjoy huge sales growth, but also be unprofitable.That company is called Sosandar.Very devious of them to spend 99% of their press release talking about Sales growth, and only mention the higher losses almost as a footnote. Not a company to be trusted.

[rathean] 20/1/2020 07:46

Anyone can buy customers, repetitive in places and a higher than expected loss.

[thelongandtheshortandthetall] 20/1/2020 07:39

Its a hyper growth company, gaining market share and they've identified the value of speeding up that market grab. 136% up q3 over q3. post results January tracking over 160%!!
I would expect there costs to be increasing too. But the spend today brings far greater value going forward.

[sundance 13] 20/1/2020 07:32

It's a profit warning isn't it? Albeit they've put it right at the bottom of the rns, with all the sales fluff above ramped to high heaven."the Company expects this investment to result in the net loss for the full year being higher than previously anticipated with the increased benefit to be experienced in future years"

[thelongandtheshortandthetall] 20/1/2020 07:20

BTW all costs will be reflected in the net cash position, including TV etc.

[thelongandtheshortandthetall] 20/1/2020 07:18

Great update. We know that one day we'll likely need to raise more money.. But the level of the raise is lowering with updates like these IMO.
That aside. It's a fantastic update!!!

[someuwin] 20/1/2020 07:14

Excellent update. Very happy with that.

[nw99] 20/1/2020 07:13

Strong Net cash of GBP4.2m and stock increased from GBP1.9m at 30 September 2019 to GBP3.5m at 31 December 2019 reflecting increased stock landing pre-Christmas for post-period selling

[nw99] 20/1/2020 07:12

The Company's very strong trading performance in autumn has continued into winter with the Company delivering a record quarter during which net revenues in each month exceeded GBP1.2 million

[wton1] 20/1/2020 07:07

Doesnt mention the word PROFITS as its still losing money


No mention of cost of customer acqusition - tv ads willbe expensive - did the bills come in for those adverts or is it 60 day payment in which case cash is low now


No mention of cash but instead we get "CASH AND STOCK" lol


Sure you will give dresses to your accountant when they send the bill in?


I fear another placing is imminent and this is now on 4x sales which is ridic

[nw99] 20/1/2020 07:07

First resistance will be at 40p

[nw99] 20/1/2020 07:04

Revenue for the full year on track to be ahead of market expectations

[daijavu] 17/1/2020 21:53

It will rise on results. The only question is by how much.

[transhoneyqueens] 17/1/2020 18:15

could be a profits warning as word is costs spiral so expect 23p soon.

[jamesto2] 17/1/2020 17:55

on results we could see say 20p or 32p lol

[leona306a] 17/1/2020 08:45

With all this heavy trading , somebody thinks they know something.A good omen, don't you think?