Sosandar Share Discussion Threads

[opodio] 02/11/2017 20:38

The problem.

Sales are complete carp #450,000 in 11 months

net off the cost of returns getting dog hairsoff clothes etc

it makes around 200k gross profit

That doesn't even cover the ceos salaries

Most of money raised went on loan repayment


It looks finished

[rathean] 02/11/2017 17:37

You have to wonder why anyone with no skin in the game would post aggressively negative comments. Happy shorters or trolls, surely not doing it out of the kindness of their Stella hearts to save us poor fools money?

[paddyfool] 02/11/2017 16:22

The return number of 50% is not unusual, you numpties obviously are obviously male and not married, no female who shops regularly online for clothes keeps anything like 100% of their purchases, they try the clothes on and for various reasons around fit, colour, style et al, including not liking it in the flesh a lot gets returned. So....stop boring us with the return number, its not unusual, you are just uninformed!

[rathean] 02/11/2017 16:00

You'd better sit this one out then ;)

[gheebee] 02/11/2017 15:16

Different management team: Two glossy mag jurnos with no sales and purchasing experience.
Good record of steady growth: What? 50% returns and 400k of revenue since starting is nobody's idea of steady growth.
Right backing: Old ORE (worthless) director Adam Reynolds, NEW (de-listed) CEO Mark Collingbourne and BST (sp collapsing) Chair Nicholas Mustoe. I don't think so.

[rathean] 02/11/2017 15:09

Well reasoned, I can see you're a deep thinker

[albanyvillas] 02/11/2017 14:59

going to10p

junk

[rathean] 02/11/2017 12:55

Different management team, good record of steady growth. Challenge is can they scale up, hobbyist businesses need expertise to grow and they seem to have the right backing

[marmar80] 02/11/2017 11:41

ORE holding a few years ago was worth £5k. Today £58! Should I trust the directors?

[marmar80] 02/11/2017 11:29

SOS not available on Sets so some will have trouble to trade it online

[paddyfool] 02/11/2017 11:21

So you don't know then

[bwakem] 02/11/2017 11:09

Mine are held with ii (previously TD) and are still shown as Orogen and suspended so I couldn't sell if I wanted to.

[paddyfool] 02/11/2017 10:42

Do you know what the standard online women's fashion return rate is?

[albanyvillas] 02/11/2017 10:38

Everyone dumping

Going bust soon enough

Sales of sweet fa

50pc of items get returned

[opodio] 02/11/2017 10:36

Tanking already

[billbyrne] 02/11/2017 10:30

Sosandar plc (AIM: SOS.L) (formerly known as Orogen plc), the online women's fashion retailer, announces its admission to trading on AIM ("Admission") today following the reverse takeover of Thread 35 Ltd ("Thread").
The number of ordinary shares in issue immediately after Admission will be 106,814,658 giving the Company a market capitalisation of approximately £16.1 million at the issue price of 15.1 pence per share. Dealings in the ordinary shares will commence at 8.00 a.m. today, 2 November 2017, under the TIDM of "SOS" and with the ISIN number GB00BDGS8G04.

[albanyvillas] 02/11/2017 10:18

!FOLLOWFEED
Anuver day anuver. dog with fleas comes to aim

[marmar80] 02/11/2017 10:10

Whats the mcap?

[barnetpeter] 02/11/2017 10:00

Keeping mine. May see a bit of weakness as ore holders take their money but long term may soar from this low valuation.

[rathean] 02/11/2017 09:26

Well, in for a penny in for a pound. I like their niche audience, Lose Women will not stop shopping if SOS can keep up with disposable designs...