Sosandar Share Discussion Threads

[pj0077] 19/4/2020 22:24

This evening I received a third promotional email from Sosandar in the last three days. Things are getting desparate. "Up To 70% Off! Sale Steals From £10.50!". Any business with 50% margins will be losing money by selling stock at a 70% discount. The company has clearly run out of cash. And it's wrecked its long term franchise as repeat customers from here will now delay purchases until the Sale periods. Looks like the game is up, this company is bust. DYOR.

[glavey] 19/4/2020 16:05

Fair enough, so we can 'obs' very quickly expect another RNS from Cannacord advising they have divested themselves of their 5% holding.

[telbap] 18/4/2020 23:05

@Glavey......for me it's obs. The share price will wander it's way back to 15p and plenty will cash out.Not sure SOS will make it for the long term, I seriously hope they do, as I do not enjoy seeing companies fail.The next 6 months will be a crucial time in this industry as we move towards the winter season.

[glavey] 18/4/2020 06:00

Nothing is 'obs'.

[telbap] 17/4/2020 10:06

Cannacord in for 5% they are obs seeing a very quick short term gain here.

[jamesto2] 14/4/2020 21:20

probably be in administration before September ... plenty going bust now.

[jamesto2] 11/4/2020 18:57

looks like sos will be on total lockdown soon as sales are down over 50% now.

[daijavu] 08/4/2020 22:40

China stopped the disease using a number of strategies, including lockdown. They also used testing and tracing. Two strategies that worked very well for them but our Government did not even bother to try.

Quarantine was another strategy our Government did not take seriously. Taiwan quarantined everyone arriving from China from day one, along with testing and tracing. They ended up with only 339 cases and 5 deaths, all among citizens who arrived from Europe and the Americas.

The only strategy our useless Government had was to let the disease rip through the population and let thousands of people die in the hope that the survivors would develop herd immunity. We are now living with the consequences.

There was never any evidence that herd immunity would work anyway. No one knew enough about the disease to know that it would work.

The message our Government gives out is about how superior our scientists are to those in the rest of the world and how the rest of the world has got it wrong but the UK has got it right. They don't use those words but that is their message.

The position of the UK in regard to dealing with Covid-19 is the same as the soldier in a parade who was the only one marching in step.

[transhoneyqueens] 08/4/2020 10:34

don't forget the last funding was done at 17p

[daijavu] 08/4/2020 10:31

The projections derive from the numbers and progress of the disease in countries in the early days. That has been shown to be a predictor of the eventual death rate. It seems that the UK had a higher rate of growth in the number of deaths in the early days than other European countries.

[the millipede] 08/4/2020 09:30

Very different from our own projections, especially Imperial which has its own history of overegging the pudding.

Any info on why the Seattle model predicts such a high number of deaths?

[daijavu] 08/4/2020 08:45

The Institute of Health Metrics and Evaluation in Seattle, based at the University of Washington, is projecting that the UK will reach peak Covid-19 deaths on the 17th of April - in nine days time - when we will have about 3,000 deaths a day. According to their projections, by August the UK will have totalled around 66,000 deaths from Covid-19, more than Italy, Spain, France and Germany combined.

They are also projecting that on the 17th of April the UK will need over 100,000 hospital beds for Covid-19 patients including over 24,000 ICU beds but will have less than 18,000 hospital beds, including around 800 ICU beds.

The IHME is considered to be the best organisation in the world at collecting and analysing data on diseases around the world and on how individual countries are equipped to deal with them.

The question is how will our shares be affected if the IHME projections are correct.

[transhoneyqueens] 06/4/2020 19:47

I think p Scott dumped his load and forgot to tell us lol

[bg23] 06/4/2020 14:18

stories over the weekend about Topshop and Debenhams failing/calling in administrators.

I'd think that when we come out of this, there is going to be considerably less competition around - albeit , with significantly less initial demand. I can see the high end smaller independents coming good quickly, but anyone else is going to be struggling with cashflow and product availability.
If you have a proven online distribution model, its going to be of significant benefit.

that said, you've got to be sufficiently capitalised to benefit, and realistically, we would only now that if we had a timeline on disruption to input

[jamesto2] 06/4/2020 07:40

Sosandar must be getting desperate for trade as its 50% off new lines hmmmmmmm .. they will need to pay the bills each month.

[hotaimstocks] 06/4/2020 06:50

Anyone know when they will delist ? Maybe in May

[hotaimstocks] 06/4/2020 06:44

Yes the smart money has been dumping SOS and buying Boohoo 😘.....

[barnetpeter] 02/4/2020 09:43

Paul S did say in his column that the last rns meant there was no bull case left here at the moment and he is not buying very much in any sector. I think he is right ....nothing of value here and perhaps this might delist as BILL has today? Lots of aim will to save costs

[daijavu] 31/3/2020 10:29

Over 3 million sold this morning, in what appears to be one tranche. It may be a coincidence but isn't that roughly the number of shares Paul Scott held?

[totalgeek69] 31/3/2020 01:19

No supply and no demand for 4 months at least. Next stop autumn collection and Xmas. Some people will have money to spend so there will be some demand but not much and suppliers will be desperate by then to get the show back on the road.Not really sure until we get a vaccine how we all get back on the road though rather than just a few.

[telbap] 30/3/2020 23:21

But then again who is buying right now?Buggar all supply chainVery few customersJune/ July will be interesting, will there be tons of bargains or el zippo online?Will they be taking a gamble now and putting high summer stock on the sea from China into time for June/July market which we may not have as we could be locked down still or will they play safe and push back on suppliers to buy in with confirmed POS from SOS???