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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Sosandar Plc | LSE:SOS | London | Ordinary Share | GB00BDGS8G04 | ORD 0.1P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 12.25 | 12.00 | 12.50 | 12.25 | 12.25 | 12.25 | 42,122 | 08:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Apparel & Accessories, Nec | 42.45M | 1.88M | 0.0076 | 16.12 | 30.41M |
Date | Subject | Author | Discuss |
---|---|---|---|
10/8/2018 18:10 | Hi bbmsionlypostafter You quipped; I never knew B&M retailers did not have any marketing costs. Thx for that. I suggest you read my post again, more slowly & carefully. When you've done that, you will see that I pointed out that online retailers typically spend 8-13% OF REVENUES on marketing, which is hugely more than conventional retailers spend on marketing (typically 1-3% of revenues spent on marketing). Do some research, and you'll discover that I'm correct. I wouldn't have posted it otherwise. PP. | paulypilot | |
10/8/2018 17:39 | And going backward, what's your view? | bbmsionlypostafter | |
10/8/2018 17:31 | 870, I never knew B&M retailers did not have any marketing costs. Thx for that. | bbmsionlypostafter | |
10/8/2018 17:29 | Thanks paulypilot for the very interesting posts here and on Stockopedia on Sosander including the link in post 873. If you are even half as right on Sosander as you were on BOO at 35p a lot of investors,including this one, are again going to be very pleased. | kenmitch | |
10/8/2018 16:46 | one of those for everyday of the week | ccraig69 | |
10/8/2018 16:41 | Incidentally, I don't think anyone else here picked up on a rather interesting article in the Evening Standard, saying positive things about Sosandar. Here's the link; They got some idiot private investor to make a comment about it too ;-) Regards, Paul. | paulypilot | |
10/8/2018 16:39 | Hi hraj, Apologies for my rather ill-tempered reply to your posts 852-854 above. I assumed you were ramping, with deliberately false figures, hence my tetchy correction. Your apology above indicates that it was an innocent error. Therefore I withdraw my comments about your brain. Although maybe your calculator batteries do still need replacing? lol ;-) Best wishes, Paul Scott. | paulypilot | |
10/8/2018 14:32 | I've just emailed Sosandar, and asked whether they pay UK VAT. The reply has just come through, saying yes they charge UK VAT on all UK sales. So, as mauricemonkey suggests in post 869 above, the thrust of Philip Hammond's approach seems to be to target overseas companies that avoid UK VAT with their online sales, by routing them via a foreign country. Seems to me therefore that this is probably a non-issue for Sosandar. Bear in mind also, that online retailers do NOT have a cost advantage overall compared with High Street retailers. This is because High Street retailers pay rent+rates, typically about 8-15% of revenues, in order to get their products in front of customers. Whereas online retailer spend a similar amount on marketing costs. This achieves the same end - getting their products in front of customers, but in a different way. Also, High Street fashion retailers have a very low returns rate, typically 5-10%, because customers try on the items in-store, and only buy the ones which fit. Whereas online fashion companies don't have this advantage, and so suffer returns rate of 40-50%, which is a major disadvantage to selling online. Therefore, overall their total costs are very similar, for High Street and online businesses. They're just structured differently. The proof of the pudding is that online retailers are generally not very profitable at all! If they had an overall cost advantage, they would be making higher profits than High Street retailers, but they're not. Regards, Paul. | paulypilot | |
10/8/2018 14:03 | I don’t have a massive issue with this. If you read the article the actual target is those who offshore the profits, UK based companies who pay full UK corporation tax should, hopefully, have less impact. | mauricemonkey | |
10/8/2018 13:30 | He should reduce business rates not mess around with online tax. The article says "Britain has the biggest percentage of online shopping of any major developed economy". That might be down to sh1t weather and traffic congestion/parking charges everywhere!! | reachforthestars | |
10/8/2018 13:13 | Chancellor Philip Hammond considering 'Amazon tax' for online retailers In his strongest intervention yet, the Chancellor says he is thinking of introducing a special retail tax on online businesses. | someuwin | |
10/8/2018 12:48 | Guys check out FTC chart | rubberbullets | |
10/8/2018 12:10 | Why's this moving today? first HoF was going into admin now Ashley (sports direct) taking it on. Rise can't be related to that now. | reachforthestars | |
10/8/2018 12:00 | Not too late to back up the truck, in my opinion there’s plenty of legs left in this, maybe not short term but mid term should do well. I’m already at 40% of total portfolio, bit over exposed but can’t see me reducing before it gets to a quid, hopefully by next (2019) Chrimbo. | mauricemonkey | |
10/8/2018 11:57 | All we need is ABBA’s SOS to hit the charts again, is it in Mamma Mia 2? 🤔 | ny boy | |
10/8/2018 11:10 | that look of when you know you should of backed up the truck | ccraig69 | |
10/8/2018 11:09 | BLIMEY....I'd be surprised if this is purely a HoF effect.... | huntie2 | |
10/8/2018 09:09 | Oh dear.. looks like I was way out divide by 100 error.. what happens when youre tired.Anyway thanks for correcting, still pretty big buys and they have been going on for days. So we should see it bounce as we have this morning. | hraj |
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