Sosandar Share Discussion Threads

[meijiman] 11/10/2018 15:25

Yes...IQE raised at 140p and the share price subsequently fell to almost 70p. Don't use a placing price as an anchor.

[plasybryn] 11/10/2018 15:01

Can you go far wrong buying below the Placing price?

[daijavu] 11/10/2018 11:52

I've used the drop to buy a few more

[wwepe] 11/10/2018 10:36

Fortune favours the bold. This stock is affected by the same factors affecting sell offs within the market today. It’s a higher risk stock, hence the more substantial downside and volatility experienced here.

[bigboyo] 11/10/2018 09:28

Logistics involves many proccesses.

SOME will be taken care of by Clipper, the other aspects depend on the client. We don't know the extent of the outsourcing contract with SOS and Clipper.

In terms of handling returns and updating inventory, does SOS delegate to Clipper putting back stock on the website as being available once its returned (say for stock which had "sold out" but was now back in stock due to returns ?) Does Clipper check the returned stock like it does for ASOS ? Who authorises returned goods refunds ?

When 52% of your goods are returned its small details that make all the difference especially in the critical period before Xmas and before Black Friday.

A glib comment like

"Lol .... You know who does ASOS logistics. Clipper." isn't really constructive.

hxxps://www.clippergroup.co.uk/clipper-secures-contract-for-asos-fashion-returns/

[opodio] 11/10/2018 09:05

5p is oming

[costax1654x] 11/10/2018 09:03

Can not see it over 25 today!

[harebridge] 11/10/2018 08:55

This start up is in exactly the same position that Koovs was in recently. Trying to build a brand from scratch needs lots of cash for marketing, product, design, platform etc. It's all about social media, which is very low at the moment.The ironic thing is that Paul Scott loves this & hates Koovs, when in reality, Sosander is an early stage version of Koovs that will need millions more to create its brand.

[alex1621] 11/10/2018 08:46

I don't think this is a bear market, I don't anticipate that until sometime in 2020, the US movement is a well overdue correction ... the fundamentals remain strong. If the Brexit nonsense starts to resolve itself I would expect an uplift in the UK as investment decisions on hold get implemented and the pound strengthens. So ... later I think?The issue with SOS is one of rapid growth with no historical learning ... expect stock to creep up and clearance sales as the team learn what works and what doesn't. It's a start up which unusually is trading on a public market, with all the scrutiny that entails ... all their growing pains and mishaps will be done in public. That can be brutal, as even established and profitable businesses like Quiz have found out.

[daijavu] 11/10/2018 08:44

London stocks were set for heavy losses today following a massive selloff in the US and Asia amid growing concerns about rising interest rates and trade tensions between the US and China.

The FTSE 100 was called to open 103 points lower at 7,042 today.

This has been happening across the stockmarkets for days. AIM shares have been particularly badly hit. That is the main reason for the drop, apart from anything else that might be going on with SOS.

[costax1654x] 11/10/2018 08:30

Damn...20 pence?

[mauricemonkey] 11/10/2018 08:28

Lol at the people saying “the logistics need to be good like ASOS”.

You know who does ASOS logistics. Clipper.

Who does logistics for SOS... It’s ok, I’ll wait 🧐

[tsmith2] 11/10/2018 08:28

Was pumped up, years before possible cash flow positive, little barrier to entry, fickle market etc etc

[montynj] 11/10/2018 08:15

I hate to say it but this stock never repeat never retested the 20p breakout level on the chart. Normally one would expect to see that happen before a resumption of a bull trend. and in a global equity bear market that will happen particularly if the share is currently over valued...

[bushman1] 11/10/2018 02:29

As noted on other SOS forum, with a cold Winter forecast, Christmas around the corner and then the New Years sales I can see strong growth here. Picked up a few more shares this afternoon.

[bushman1] 11/10/2018 02:27

With a cold Winter forecast and Christmas around the corner, then the News Years' sales I can see SOS shares rebounding very strongly. Picked up a few more this afternoon. Remember the film ' Trading Places ' , £ to a penny we see similar here.

[pillow] 11/10/2018 01:41

Placing + Shore + Reasonable Endeavour = Disaster

[gheebee] 11/10/2018 00:01

At best. Same people behind this as behind BST and look what happened there.

[discodave4] 10/10/2018 21:43

Unfortunately my gut was right with respect to the placing coming before year end.All highly rated stocks taking a bashing at the moment and guess this may still have a bit further to fall.

[gheebee] 10/10/2018 20:02

Big Sofa 2...only a matter of time before this goes the same way as Big Sofa 1 (BST). Same promoters.

[pillow] 10/10/2018 17:38

Something a tad fishy here, reminds me of dot.com times of the past!!

[plasybryn] 10/10/2018 17:36

As explained those returns will fall back in the Winter season due to fit issues being less precise. I recall it took ASOS time to learn from experience and the same will no doubt happen here. Efficiencies to reduce costs and better marketing/data base mgmt. to increase sales & conversion rates will all drive into the bottom line.
I remain optimistic.