Sosandar Share Discussion Threads

[runthejoules] 20/7/2018 12:57

Wow, now I *really* wish I'd toppped up at 12.5p. If only a tiddly k. Paul's had a few punts go wrong recently but when he backs the truck up he's not usually wrong (dyor, I know he's not a tipster, etc etc!)

Will be buying any pull back. Gla.

[plasybryn] 20/7/2018 12:55

I think it is right to raise those issues Alex. It is all to easy for people to simple assume tis has to be another ASOS. There will be plenty of time for investors to make money, even if some of those prefer to see profitability confirmed before buying.
The risks will reduce over time if the business model continues to deliver and the financials will look more "normal" I suspect. If you buy in now you probably need to keep a very close watch on the share price as I suspect there could be volatility.

[croasdalelfc] 20/7/2018 12:54

Q1 to Q3 2018 850k to end Dec 17Q4 2018 490k up to end Mar 18Q1 2019 850k up to end June 18That is stellar growth though from a low base. I would expect H1 at close to 2m , margin up a tad and breakeven in H2.

[croasdalelfc] 20/7/2018 12:51

3 million of the losses will not recur

[alex1621] 20/7/2018 12:38

I'm not anchored to anything other than the fundamentals. What I don't understand is how £1.35m in revenues and £6.06m in pre-tax losses equates to a market capitalisation of £36.2m? The company are investing heavily on customer acquisition and marketing whilst expanding their product ranges and increasing their stock levels ... the sales increases are not that surprising given the amount of money thrown at acquiring customers but a few quarters of growth in a niche fashion retailer offers no measure of future potential. As for sector experts, who might they be? Companies like this are pure speculations, nothing more and nothing less. Reported cash is £4.6m and that's a number to keep a close eye on ... the question is whether positive cash flows will appear before this is used up?

[pj 1] 20/7/2018 12:24

0.8p

Directors remuneration was 327k

[croasdalelfc] 20/7/2018 12:20

I've just ordered some clothes for the missus - just to check quality and service - I think these will be £1 by the time of a TU in Jan

[marmar80] 20/7/2018 12:08

Ok. What were their annual earnings so?

[pj 1] 20/7/2018 12:03

marmar80
20 Jul '18 - 11:22 - 810 of 812
0 0 0
Ok, when ASOS share price was @ 28p, what was the mcap then?=
=================================================================================
2003 shares in issue 66,19,066 x 20p = £13.2m Market Cap Approx.

I also note in 2003 to 2004 they were regularly reporting Q to Q growth of 80%

[ny boy] 20/7/2018 12:00

paulypilot, good post, it’s why we are all invested and why other investors are starting to see the potential here.

This has never been a pump & dump share, a term all to easily used by some posters on advfn whom lack basic investor knowledge.

GLA holders

[ddubzy] 20/7/2018 11:55

Best post I've read for a while on a BB, well said Paul....

[paulypilot] 20/7/2018 11:50

Just because some people don't understand why the share price is shooting up, doesn't mean that it's either wrong, or temporary. People naturally "anchor" to the previous prevailing share price before a big move up, but in this case the doubters simply haven't (yet) realised that the news from Sosandar last week was game-changing.

In a nutshell, before the results statement last week, Sosandar was highly speculative. After the statement, we now know that the business model is working, and greatly exceeding forecast performance for this year. This is why the share price is shooting up, because investors are re-appraising the valuation, based on new numbers.

If you crunch the numbers, the quarter ending 30 June 2018 delivered £851k in revenues (net of VAT and customer returns). With 73% quarter-on-quarter growth, you can extrapolate out that (at a declining growth rate, because 73% won't be maintained as the numbers get bigger) full year sales (year ending 31 March 2019) are likely to be something like £5-6m. The original forecast was £3.3m, so we're looking forward to a massive beat against forecast. This is driving the share price re-rating. It's not a speculative rise, or a pump & dump. The valuation is simply responding rationally to fantastic current trading & outlook. It's all about growth, and the market pays up for stellar growth, hence the re-rating going on now, on heavy volume too.

If people want to ignore sector experts, and think they know best, then that's fine with me. I'm happy watching the money roll in every day as the share re-rates for the reasons given above.

By the way, if you're rude to me here, I just block you. I haven't got time for unpleasant fools with nothing constructive to say. Life's much nicer when they're blocked.

Let's stick to talking about Sosandar, and discussing the pros & cons, and leave the petty ad hominem attacks at the door.

Regards, Paul.

[fillipe] 20/7/2018 11:38

A lot less than it is now!

f

[marmar80] 20/7/2018 11:22

Ok, when ASOS share price was @ 28p, what was the mcap then?

[rathean] 20/7/2018 11:16

This is not ASOS or BOO. Could be but atm this is hideously over valued and I'm not at all bitter about selling in the low 20s...

[fillipe] 20/7/2018 11:11

My own book shows me buying ASOS, 28-4-2004.....20,000 @ 25.5p.

I thought I was being clever, taking on 12-5-2004 @ 28.5p a quick profit of £550.50 nett.

Groan!..... and lesson learned.

Incidentally, in those days the buy/sell costs came to £49.50 on that deal - oh, how things have changed.

f

[rathean] 20/7/2018 11:08

Ooh parabolic... who will lose their nerve first.

[ny boy] 20/7/2018 11:07

Plenty were saying that about ASOS when it first started and are still very bitter today.

I think plenty of investors are old enough to make their own minds up about what they choose to invest in, stocks can be risky but for that risk you expect better returns than keeping cash on deposit.GL holders

[montynj] 20/7/2018 11:04

i like the company but it is very much overextended and the temptation for the company to do an equity raise must be very high

[alex1621] 20/7/2018 10:59

You seem to be one of the main pumpers of what is effectively a start-up with no track record ... in my personal view these types of companies should be private and only allowed on markets when they have established a decent track record. What do you research? How many years do you go back Paul? This is a speculative punt ... and as long as people putting money into it understand that, alls well.

[ny boy] 20/7/2018 10:54

Lol monty

It’s a long term hold, not bothered about short term moves, remember those poor sods who sold ASOS @ 20p thinking they had done well doubling their cash lol!