Sosandar Share Discussion Threads

[montynj] 28/7/2021 11:27

Decent sized block trades going through..I wonder if an ii is accumulating

[montynj] 28/7/2021 10:44

Are not yet back on Twitter?

[someuwin] 28/7/2021 08:40

Q1 2022 was a record quarter for revenue (up 256% YoY) with each month improving sequentially.

That's April, May and June having increasing record revenues.

With more and more peeps returning to the office (even a few days a week), holidays taking off again and Covid restrictions being removed, I can see this current quarter being another record breaker.

Along with the new online exposure via Marks & Spencer, John Lewis and Next, surely the only way is up for SOS from here.

[someuwin] 28/7/2021 07:53

site manager: You can view the Singer note on Research tree (I think you can still get a limited free subscription)

Here is a snippet...

"Valuation considerations With a controlled expansion of the range, alongside further easing of restrictions, we see scope for upgrades with continued trading momentum going into Q2. Since our initiation in April, shares are up >25%, reflecting growing confidence in the business and the shortened timeline to profitability. SOS trades on a 2x EV/Sales multiple, falling to 1.3x. Our 12 month fair value estimate of 42p is derived using 2.2x Mar’23 EV/Sales (3yr avg). We see a roadmap for SOS to deliver £70-80m sales by FY25 and 10-12% EBITDA margins. As it transitions to profitability, we believe mid-term fair value could increase to 50-90p using a peer group defined EV/EBITDA range of 15-20x."

[glavey] 28/7/2021 07:28

I'd hate to see not very good results then.

[paulypilot] 28/7/2021 01:06

All that matters is the massively accelerated growth in Q1 FY 03/2022 , following highly successful launches on Next, M&S, and J.Lewis. That's what caught my eye. This is a game-changer, in my opinion.

[site manager] 27/7/2021 16:24

Yes Thanks,
Does anyone have a link to the Singers note ?

[bg23] 27/7/2021 16:13

Thanks for the link.

I was pretty impressed with the management. slick, they know their market and customers and they appear to be steering the ship well.

interesting comment re Singers note predicting breakeven FY2023.

The shareprice will like that as we approach Xmas and end of the financial year.

[tomps2] 27/7/2021 13:08

Sosandar (SOS) full-year 2021 results presentation

Julie Lavington, Ali Hall, Joint CEOs and Steve Dilks, CFO present FY21 results for the period ended 31st March 2021.

Watch the video here:

Or listen to the podcast here:

[montynj] 27/7/2021 08:43

V good results..this company has turned the corner...the first indicator of this was last placing being a) oversubscribed and b) share price rallying after the placing and not falling...this company is on a strong growth trajectory and still under the radar of most investors..they also had a v positive post results webinar

[onjohn] 26/7/2021 20:39

3 placings in 2 year

50m cap

Losses continue

[glavey] 23/7/2021 16:12

So there are even more shares in issue, makes it even more overpriced.
Still, at least the losses are spread wider.

[site manager] 23/7/2021 14:54

Yes.
The same tab gives 165.36m shares in issue, which does not equate to a market cap of £45m. you are indeed correct.

I suppose it won`t be the first time someone; ( me on this occasion ) has posted some duff info on BB.

[bg23] 23/7/2021 13:52

Hi Site manager. I'm going by the market cap listed on Hargreaves Lansdowne which I think is correct.

[site manager] 23/7/2021 10:52

Morning bg23
If you click on the Financials tab above it give SOS a market cap of £45.47m.

[bg23] 23/7/2021 07:43

This is still a minnow with a £61m market cap. It won't appear on many radars until its at least a £100m market cap which ,on a back of envelope calculation would be approximately 45p per share. The highs this has ever reached.

But I am a believer here

[montynj] 22/7/2021 11:35

Very quiet on this board...I suppose its a good thing

[bg23] 21/7/2021 13:35

missed it. is there a link available?
presumably the institutions had the same yesterday. it will be hard for them to pick up any appreciable shareholding?

[montynj] 21/7/2021 12:14

V good webinar today from the company

[boonkoh] 20/7/2021 09:11

Key for me is performance is accelerating each month throughout Q1. This stands in contrast to ASOS which warned June saw a slowdown. Very credible result considering retail reopened in Q1 which SOS has no direct exposure to.Management raised extra funds for working capital and to order more stock for Autumn/Winter, which bodes extremely well for further continuation of sales growth for the second half of this year.

[montynj] 20/7/2021 08:56

V good results..this company has turned the corner...the first indicator of this was last placing being a) oversubscribed and b) share price rallying after the placing and not falling...this company is on a strong growth trajectory and still under the radar of most investors

[bg23] 20/7/2021 08:07

v impressive and fy22 seems to have started extremely well

[thetrotsky] 14/7/2021 11:29

According to the RNS on 29 June, the FY21 results and analsysts presentation are on 20 July. They are making a presentation to retail investors on 21 July.

[tomps2] 07/7/2021 13:35

Sosandar (SOS) FY21 results webinar, Julie Lavington and Ali Hall, Joint CEOs and Steve Dilks, CFO will present full year results followed by Q&A.

This event is being held on 21st July at 11:30am.

Register here: