Sosandar Share Discussion Threads

[photon] 27/11/2020 09:07

Why exactly would they need one.. they wouldn't - cash is fine as per trading statement snippet below - and growth is being carefully managed, especially with the JL and Next platforms serving as engines for growth without SOS having to invest themselves...Trading statement said:The Company has maintained a strong cash position, with net cash as at 30 September 2020 of GBP4.30m (31 July 2020: GBP4.34m). This reflects the strong trading performance during the period from repeat customers and a focus on careful cost control, whilst also reintroducing targeted and controlled marketing during September

[bsg] 25/11/2020 21:21

As long as the share price goes below it, who cares!

[dancing piranha] 25/11/2020 21:06

Question is, how dilutive is the imminent fundraiser gonna be?

[daijavu] 25/11/2020 09:04

Next stop 30p

[albanyvillas] 18/11/2020 07:09

Sosandar plc

Notice of Half Year Losses

[thetrotsky] 16/11/2020 12:11

Change the record! Paul Scott is old news and since the pandemic started net cash has been steady at about £4m. I'm not discounting the possibility of future fund raisings for expansion purposes but I seriously doubt that there will be any fund raisings for marketing purposes before this pandemic is done. Lets deal in facts rather than hearsay and innuendo

[hotaimstocks] 16/11/2020 01:04

ANOTHER FUNDING ROUND .. RED FLAG .. DILUTION AGAIN SOON.
with dilution yet again early next year I would not be surprised if we see 8p then.

[transhoneyqueens] 15/11/2020 12:49

cash burn was the reason Paul scott dumped his holding

[abergele] 05/11/2020 21:27

I thought that their clothes on the web were very smart,attractive and stylish,gl a holders,

[thetrotsky] 05/11/2020 15:05

PS. My wife continues to clear out her wardrobe and buy new clothes on a regular basis. COVID or no COVID, it's my experience that women, where they can, always find an excuse to buy new clothes. Perhaps I generalise but we all need our perks (it's what keeps us sane); for women it's often clothes whilst for men it's often sports. I have no reason to doubt that women will still be buying new clothes for Xmas; lockdown or no lockdown.

Apologies if the above comment appears chauvinistic but women's love affair with buying new clothes (and the feelgood factor they get from doing so) was part of the reason that I bought SOS in the first place (that and the fact that they had no shops and were aiming at the 25-55 buyer market)

[thetrotsky] 05/11/2020 14:58

ONJohn and Jackson83 when are you going to realise that you are busted flushes.

Absolutely none of your predictions have proven right thus far (e.g. your yearly precitions that they'll be bust by Xmas!) and the figures you bandy around are just total fabrication.

SOS did not owe £1.5m in PAYE and VAT at the end of H1; read the balance sheet! They were actually owed VAT at the end of August! That's why they call it recoverable!

Yes, trade payables have gone up but so has their investment in stock (ahead of their launch on the Next and John Lewis websites). I know; you'll be telling us that it's all unsellable next.

As for others reporting 100% growth, would you care to enlighten us? I checked ASOS, BOO and SDRY; none of them are reporting anything like 100% growth. Far from it.

Also, what would be the point of advertising on the Tube, and wasting precious cash, when passenger numbers on the Tube have dropped off the deep end?

Could things be rosier? Could growth he higher? Would profits be nice? Of course they would but SOS starts from a small base and is managing it's cash and growth in a very tough trading environment. Thus far, SOS has done extremely well in very trying times and the way they've adapted is to be commended IMHO.

[onjohn] 31/10/2020 20:35

fell to 5p last lockdown

[onjohn] 25/10/2020 15:03

Asos has said sales down

[atkijo] 22/10/2020 20:24

Curious, how do you know sales are down this month?

[jackson83] 22/10/2020 15:51

I can see this at 10p soon as sales are down this month... dilution soon

[onjohn] 13/10/2020 06:40

They’ve furloughed and deferred vat and paye otherwise cash burn would have been more than the 1.5m in the h1 period

Vat to be paid over in jan?!

And they’ve stopped advertising in the tube

Sales are sluggish when others are reporting 100pc growth they did 53pc

Sos own growth rate has halved year on year was 103pc in ft19 and slowed now

Stopped advertising and instead is hiring space on johnlewis site so margin Down

Wait till has to pay hmrc back

[onjohn] 12/10/2020 20:53

40m market cap. Ready for a tonking back down

No profit just losses

[swanvesta] 09/10/2020 13:49

jackson, any chance you could post/summarise Paul's comment please? Don't have a Stocko sub any more and feel we're missing out here on ADVFN, the more usual home of P&D.

[jackson83] 09/10/2020 12:53

another pump pump before the dump by the Paul & S crew ...

[daijavu] 09/10/2020 10:55

montynj. I take your point about 20p but I won't be really happy until we break the peak of around 45p it reached in Sept 2018. Then it really will be blue sky.