Sosandar Share Discussion Threads

[nw99] 12/1/2018 06:26

Just wait for the trading update expected shortly stock target remains 35p

[pj 1] 11/1/2018 23:00

tjbird
11 Jan '18 - 19:45 - 277 of 278
0 0 0
Sadly the data here shows everyone returning it lol
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Can you please share this data witH us, or provide a link to such? TIA

[nw99] 11/1/2018 21:56

Asos , Boo and SOS all doing well buy while you can

[tjbird] 11/1/2018 19:45

Sadly the data here shows everyone returning it lol

[mauricemonkey] 11/1/2018 19:16

The other factor is, given the demographic they're targeting - whose got time to bother doing the return for something?
I know loads of middle aged women whose wardrobes are full of things they bought on impulse that they couldn't be bothered to take back, some dresses and shoes for hundred of pounds not just £20 items.
I agree that returns are likely to be average / below average, but until we get some numbers it's just speculation.
I remain of the view this is a punt, but one I'm happy to hold.

[richjp] 11/1/2018 18:44

I am not a holder and am just watching this at present.

Returns are a known factor in retail be it in store or online. It seems that what lots of young people do is "buy" an item, wear it once and then return it never ever having had any intention of keeping it in the first place. Suppliers know that and those that are good at their game allow for it in their pricing and procedures. I suspect that they blacklist some customers if it keeps happening.

Nobody knows what the returns percentage is for this company, however I think it is possible, that with the more mature market they are targeting the returns percentage might be lower than say ASOS or BOO.

[nw99] 11/1/2018 08:51

Positive read from Boo has added here ahead of trading update

[nw99] 10/1/2018 20:59

Another bullish update expected soon roll on 35p

[mauricemonkey] 10/1/2018 13:38

Haha, your posts get more ridiculous. Where did you get 60% from?
I guess you stand to make a substantial sum on your short - good luck!

[pj fozzie] 10/1/2018 13:38

On what basis do we know that 60% of customers are sending stuff back?

Let's suppose the profit on an item sold is typically 3 times the cost of shipping an item that is returned....

I sell 10 items. 6 are returned.

Cost = 6n

Profit on the 4 kept = 4 x 3n = 12n

Overall profit, including returns = 12n - 6n = 6n

I could build a business on that!!

The trouble is that we don't really know at this stage any details.

I'm happy to sit on my shares for now and wait a year or two, to see how this develops. You don't get a multi-bagger by always picking the safe option.

Cheers,
PJ

[mauricemonkey] 10/1/2018 13:20

Thought returns were the biggest problem?
SOS probably need to fund raise at some point this year, can they gain enough traction in the market to get this away at a reasonable price is the question? Pretty much everything is outsourced so fixed costs should remain low and operational gearing should be impressive, if they can get sales to take off.

[yump] 10/1/2018 13:10

Starting from such a small turnover and reporting after Christmas, they are certain to report significant progress in revenue.

The share price in the short term just depends on how many people will buy a story, rather than any semblance of a profitable business model. So it may as well be a loss-making tech. There's no knowing which way things will go share price wise, as its impossible to even guess at a valuation.

If we were at the start of what looks like a retail boom, perhaps the share price would fly regardless. The reality is that retail, for the first time since the recession, is looking a bit dodgy.

If it had a much bigger turnover (like BOO when it floated), then could probably rely on funds to push the price up, on the basis that they're desperate for any growth story.

[albanyvillas] 10/1/2018 12:10

When is the next update will short this puppy

RNS with no numbers won't work this time round and will tank if they don't show progress

Cash burn the biggest problem

[albanyvillas] 08/1/2018 14:13

yes its TW's mums boiler repair man

[mauricemonkey] 08/1/2018 11:45

So AV, you've got details of the amount of returns following xmas?
Any chance you could let us know your source?

[nw99] 08/1/2018 08:50

As mentioned before hearing ladies are really loving this company's products

[pj 1] 08/1/2018 08:23

Only if the figures are above the budget. They could be below. We just do not know at this stage.

[albanyvillas] 08/1/2018 00:22

big issue at the moment for this website is the number of folk returning goods following Xmas

[ggbarabajagal] 03/1/2018 15:04

Broker seems to have resigned at another reynolds company

Concepta plc

("Concepta" or the "Company")

Change of broker


Concepta plc (AIM: CPT) the UK healthcare company and developer of a proprietary product targeted at the mobile health market with a primary focus on women's fertility, today announces that Beaufort Securities Limited has ceased to act as the Company's joint broker with immediate effect. NOVUM Securities Limited remains as the Company's sole broker.

[unabkxb] 03/1/2018 11:53

Do we still own two gold prospects ? What happened to them when Orogen became Sosandar ?

[ny boy] 03/1/2018 09:24

When can we expect the next trading up date? Tks.