Sosandar Share Discussion Threads

[mauricemonkey] 27/9/2018 16:43

Go ramp your Koovs junk somewhere else

[harebridge] 27/9/2018 08:08

Am I reading this right?Koovs just done a placing at 15p, last night was sub 10pThat is a 50% premium??

[daijavu] 26/9/2018 07:24

SOS is far from finished but might well go for a placing at some point, if only to fund further expansion.

[harebridge] 25/9/2018 19:49

Jamesto2 is jackson83 is hotaimstocks. This cretin was one of the early holders in Koovs & previously wroteJamesto2 Unfortunately I bought most of my shares above 86p and wrote the lot offLost his shirt with Koovs, now 10p, so trolls day & night on various threads he has set up to make himself feel better. A classic AIM mug punter.

[mauricemonkey] 25/9/2018 16:45

Koovs mugs still desperate I see.

[daijavu] 24/9/2018 11:14

I had some AVO. I was making a decent profit at one time. I lost all that but got out with my original stake intact. I still like the technology but I don't trust the BoD.

[plasybryn] 24/9/2018 09:13

I've got all those!

[daijavu] 24/9/2018 07:30

I've also got a few GAW and FEVR, am thinking about PLUS500 and keeping an eye on AVO, just in case that one actually achieves something.

[daijavu] 24/9/2018 07:26

Thanks Paul. I also appreciate your input. I'm tucking away my holding here and trying to forget about it. I'll come back in a couple of years and see how it's doing.

[goldman 107] 23/9/2018 11:26

Thanks for your input Paul, always valuable I’ll certainly be holding this one for some time depending on my personal situation.
Hopefully see you at the next AGM.

[paulypilot] 22/9/2018 18:31

No, that AGM post is nothing to do with me. I wanted to attend the SOS AGM, but had a prior booking on the same day, to do a talk about the retail sector at a private investment seminar.

2 friends (not the post 1042 above, which seems to be from someone I don't know) both separately reported back to me about the AGM, saying it was very positive in all regards. Both were impressed with management, and said that the mood is clearly very positive about current performance, and the future.

I don't post very often here about SOS now, because I'm happy with my position (about 2.2% of the company), and just intend holding forever. So the short term share price doesn't really interest me. The people constantly trading in & out, and causing a lot of price volatility are a nuisance, but at least they're creating some liquidity for people who want to buy more, I suppose.

As long as the newsflow continues to be positive, then I'm looking at this as a multi-year investment. The valuation may not make sense to value investors, but they're probably the same people who sat on the sidelines watching Asos 1000x bag, complaining that it was too expensive all the way up. That was me, after I sold out at 9p! The trick is to learn from our mistakes, not repeat them!

Sosandar has real potential. When you spot a tiny company starting to deliver stellar organic sales growth, then it's just a question of ignoring valuation to a certain extent. Just get some target customers to look at the website - I've done a fair bit of that recently, and the reaction is overwhelmingly positive. So in the simplest possible terms, Sosandar is designing products which the target customers absolutely love & want to buy. Therefore I think this is a business which is likely to achieve the scale needed to reach breakeven next year, then profits after that.

It doesn't matter if they decide to do a top-up fundraising along the way, because it will be from a position of strength, and could even be at a premium to the prevailing share price, as Institutions are likely to want to get involved here, but difficult to buy in size in the market.

I'm looking forward to crunching the figures when interim results come out. I'm hoping for £2m revenues in H1, hopefully a bit more. Then £3m+ revenues in H2. Obviously this year will be loss-making, as planned. Next year should see growth in revenues to maybe £9m+, and breakeven-ish.
After that, and we really get going, because the business can then generate the cash to do more & more marketing.

We need to think longer-term potential with this share, not worry about a few pence here or there on the current valuation. It would be a pity for people to throw away a future multibagger, due to obsessing about short term price movements. I'm trying not to do that, so this is more a memo to self than anything else, to remind myself why I'm invested here.

Best wishes, Paul.

[mauricemonkey] 20/9/2018 16:57

Weather today should be getting people’s minds firmly fixed on A/W wardrobes..

[plasybryn] 20/9/2018 10:18

The chart to me looks great but I'm no expert. Higher highs & higher lows.
Trend is up. Can't see any reason that it won't now forge ahead again especially given we are entering the winter & Xmas bumper season. Any thoughts?

[daijavu] 20/9/2018 07:21

The style of writing certainly looks like Scotty's

All very positive.

[plasybryn] 20/9/2018 01:23

What is the chart prediction?

[goldman 107] 19/9/2018 22:25

Thank you for that.

[discodave4] 19/9/2018 21:32

From a poster (Phoenixnight) on stocko who attended the AGM, hope he (signed off as Paul - not PS) is okay with me posting up his comments:I attended the Sosandar (LON:SOS) AGM in Wilmslow today. This is only the second AGM I have attended, so please don't expect any great insight.There were maybe 20 people in attendance, which I think is more than they were expecting. A handful of them had been invested from the start and were clearly very positive about the company, the clothes and (very importantly) the qualities of Ali & Julie.They are trying to build a strong lifestyle brand, aimed predominantly at the 35+ female. This isn't the fast fashion of wear-it-once-and-throw-it-away; the clothes have a real premium feel to them (similar to Boden I would say). Whereas a consumer might brow out of the Boohoo (LON:BOO) brand once they hit a certain age, the lifetime value of a Sosandar (LON:SOS) is much greater. They want to retain and keep them coming back for years to come by providing fashionable designs and value for money. Based on the evidence of the clothes in the office today they seem to be achieving this. Their range has increased from 74 lines at launch to 489 lines now. Shoes comprise 6% of sales. As the order quantities placed to suppliers have increased, so the margin should improve. They quoted lots of numbers about improvement in metrics on social media, web hits etc. You'd expect this from an early stage e-commerce business starting from a low base, so one has to bear that in mind, but still the growth percentages sounded very encouraging. They also said that there direct mail campaigns had been very successful at both generating brand awareness and garnering orders. There is a lot more I could write but I don't want to bore you. I came away feeling extremely positive, and will now tuck my shareholding into my online bottom drawer.

[ryanc106] 19/9/2018 21:25

DiscoDave4 - good luck trying to open a spreadbet on this!! I’ve been trying for about a month and no luck. Got to settle for my 150k shares

[hotaimstocks] 19/9/2018 19:08

Harebridge is still in noddy land as he can't understand why Koovs share price is under 10p lol ..

[jackson83] 19/9/2018 19:00

Harebridge still bitter after missing out on buying in at under 12p in April 😳

[goldman 107] 19/9/2018 16:33

Did any one go to the AGM ? Jest wondering if anyone has anything to add to the AGM statement that has been released ?
Thanks in advance.

[villarich] 19/9/2018 14:20

Thanks DD. Fingers crossed for both of us is mufti's from here!

[discodave4] 19/9/2018 13:21

Hi Villa, hope this one delivers. Due to RTO my average is 6.6p, not as good as it sounds though as still need this to multi multi bag to get anywhere near recovering losses from ORE.That said been seriously contemplating opening a long spread bet.DD