Sosandar Share Discussion Threads

[montynj] 09/10/2020 10:03

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

[dancing piranha] 08/10/2020 18:25

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

[montynj] 08/10/2020 12:19

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 15:46

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

[energeticbacker] 07/10/2020 15:13

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 08:46

another great update. progressing nicely

[photon] 07/10/2020 07:51

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

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

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 07:38

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

[onjohn] 07/10/2020 07:33

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 02:57

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 08:21

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 07:57

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 10:26

You still in this Telbap?

Hope you good

[jamesto2] 23/8/2020 15:24

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.

[che7win] 21/8/2020 10:22

Bounce off support, lovely sharp rise.

[jamesto2] 20/8/2020 15:30

New shorts opened again

[hotaimstocks] 20/8/2020 13:55

heading back to 5p's folks as second wave of coronavirus will hit hard at xmas or before

[telbap] 20/8/2020 12:28

The multi avatar shorters out in force today, maybe trying to swing the positive momentum back to red again.

[jackson83] 20/8/2020 11:54

will this go bust by xmas without funding ? 100% yes.... 5p looms

[jamesto2] 20/8/2020 11:29

10p is about its value

[che7win] 20/8/2020 08:28

“As a result, the Company recorded results very close to breakeven in June.”

[glavey] 20/8/2020 01:25

Doubt anywhere near breakeven and Next and JL won't come for free...

[che7win] 19/8/2020 16:25

I like the business, it's growing topline at 100% per year right now and running at or close to breakeven.About to change up gear listing on Next and John Lewis websites.I think that's clever marketing as far as I'm concerned. Free advertising as it will bring about brand recognition.Most costs are fixed, they are getting close to sustainable growth imho