Sosandar Share Discussion Threads

[tomps2] 18/10/2023 14:27

Sosandar (SOS) H1 Trading and Strategy update - October 23

Sosandar Joint CEOs, Ali Hall and Julie Lavington and CFO, Steve Dilks present a Trading and Strategic Update for the first half of 2024, outlining the company’s performance as well as their omnichannel strategy, launching its first bricks and mortar stores plus international launches in Australia and Canada.

Watch the video here:

Or listen to the podcast here:

[jackson83] 18/10/2023 14:26

wait for 8p top up or this could go bust! ?


lets face it its a busted flush now!



having said that gamblers will risk a top up at say 6p

[jackson83] 18/10/2023 14:19

THE SHARE PRICE ACTION does not lie



WILL SOS SURVIVE ... FUNDING / DILUTION will be a BIG RED FLAG SOON




happy to be shorting from 24p's

[jackson83] 18/10/2023 13:52

WILL SOSANDAR become another KOOVS ? time will tell

[jackson83] 18/10/2023 13:50

THE BIG DUMP / SELLOFF continues ... I warned everyone to sell at 20p's now look

[jackson83] 18/10/2023 13:49

BREAKING NEWS THIS COMPANY HAS GONE IN SIX MONTHS FROM MAKING A PROFIT to now making a LOSS



YES FOLKS a PROFITS WARNING TODAY



BIG red flags





SELL

[jackson83] 18/10/2023 13:46

share price surprised most






not me as I warned on this



many weeks ago


opportunity to sell / short





MAYBE TEST LOWS of 5p before xmas

[danieldruff2] 18/10/2023 13:46

A lot will depend on how they plan to run a store estate. It's clearly the most risky part of the strategy. N Brown tried this to raise "brand awareness" and failed. They leased about 20 stores and closed them 5 years ago due to weak demand. Having said that, they are also in decline as an online only retailer. Mike Ashley is after them, but only for the customer loan part of the business probably.

[jackson83] 18/10/2023 13:37

another retailer online heading down to zero like KOOVS




I wonder if Paul pilot Scott dumped all now ?



I would not trust this



maybe risk a buy in at 5p

[jackson83] 18/10/2023 13:35

OVERVALUED



let the games begin .... glad I sold last week / shoe
ring this

[forethought] 18/10/2023 13:33

Do we believe them when they say they can fund these plans with current cash levels? I am not sure I do. I have strong doubts. Would need to see more detail. Post Xmas update will provide a better idea on how the higher margin strategy is fairing.

[jackson83] 18/10/2023 13:30

big dilution on the next funding raise




TIME TO DUMP target 5p

[ianio5691] 18/10/2023 13:30

Sell off seems overdone.
Can see this being back to high teens early twenties once the dust has settled.

[w13ken] 18/10/2023 13:28

Now a long-term investment. A long-term investment being a short-term investment that went wrong :(

[jackson83] 18/10/2023 13:27

I did warn you to sell at 24p folks




opportunity to SELL / SHORT NOW



NEW TARGET 10p

[apad] 18/10/2023 13:02

Saw that W13Ken. Nothing else new in the presentation.
As I said, the story is fine, but I am disappointed in the numbers that must feed the story - however good the management is.
apad

[bbmsionlypostafter mk2] 18/10/2023 12:48

raleigh43
18 Oct '23 - 10:47 - 4214 of 4218
0 0 0
I bought the dip. I still believe the long term plan.

Which one?

[bsg] 18/10/2023 12:20

Shops, bad idea IMO. Let's hope they see the light quickly and it doesn't drag it under. In the meantime bottom drawer for a few years at the best.

[paulypilot] 18/10/2023 12:03

Hi monty,No I want to keep some distance from mgt while I digest todays news. So at present Im neither a buyer nor seller. What theyve achieved to date is highly impressive, and I see it positively longer term, but today is a big setback.But its not about me, its about Sosandar, and we all have our own views on it.Regards, Paul.

[montynj] 18/10/2023 11:03

Dear paul scott did you listen to the webinar and what did you think

[raleigh43] 18/10/2023 10:47

I bought the dip. I still believe the long term plan.

[bg23] 18/10/2023 10:38

they mentioned not resupplying JL in the webinar this morning, and confirmed that no longer selling via JL would have an immaterial impact on third party sales.

They showed a graphic showing 3rd party sales at 0.9m two years ago to 16m last year. the vast majority of sales being made by Next and Mks.

interested to learn that the Canadian partner has brocks and mortar presence as well as being a major online retailer. seems like a good choice for partnering with optionality built in to progressing the arrangement.