Sosandar Share Discussion Threads

[barvin] 18/12/2018 08:55

I feel we are entering a market where sky high p/e ratios for high growth internet retailers will no longer exist.The long term poster boy of this, ASOS, has now crushed confidence. If that is the case, this has a distance to fall.

[tomboyb] 18/12/2018 08:37

Its priced to perfection -

But u can keep buying if u want to -

[frankwhite] 18/12/2018 08:35

The old days of going out to buy clothes are fading, right now growth in retail is online especially clothes. So recession or not people will buy clothes, many target consumers of sosander's products are women with a disposable income of a certain age. Boohoo and Asos target the young who don't necessarily have the same disposal income. Execution of their business model is where the problem lies for Asos. Boohoo management have so far executed well as the owners started in the rag trade decades ago and know their trade inside out. I have been buying SOS, be thankful they are available at under the placing price. Lombard bought millions at 32p not so long ago.

[toyin] 18/12/2018 07:57

barnetpeter. You maybe correct but i'm not that good at timing, for e.g. my biggest holding is OPTI with news due so I don't want to be out irrespective of the market so I just sit and wait. Nobody knows when SOS will update, again I don't want to be out. We all play it differently, it takes all sorts to make a market!

All the best

[lbo] 18/12/2018 07:52

https://www.dailymail.co.uk/news/article-6506103/Troubled-online-stories-begin-panic-selling-bid-drum-business.html

[discodave4] 17/12/2018 23:50

Thanks, watched that but she only said record orders, that could mean repeat orders, who knows. Besides, would sooner see it in a company statement tbh.

[someuwin] 17/12/2018 22:54

...The CEO said that November was another record month in this presentation from two weeks ago...

[discodave4] 17/12/2018 22:48

From the Interims 21st Nov:"September and October delivered consecutive record months for revenue, as well as orders, traffic and conversion rate."What was November like?, seems to be the killer month thus far for retail.

[barnetpeter] 17/12/2018 21:57

Toyin.....thats good. I held Asos from 4p and even started a thread on here at that price.

But I think the price of Sos is going to take a big hit .....because I think the mkt is in trouble. Another big fall on Wall Street tonight and their economy is robust. Keeping cash to buy the inevitable bargains...its firmly on my buy list. Jan and Feb will be dire for the mkts imo.

[toyin] 17/12/2018 21:34

barnetpeter. Yes I have but I know cream always rises to the top, and I am very patient!

[barnetpeter] 17/12/2018 20:49

Dow down 600 points

[barnetpeter] 17/12/2018 20:49

Toyin...obviously you have not seen a sharp correcting stock market. Stocks can fall 15 per cent day after day if they go out of favour....

[lbo] 17/12/2018 18:10

The valuations are all wrong and have been for a while. The Sosander valuation x sales is still madnesshttps://www.jcapitalresearch.com/uploads/2/0/0/3/20032477/2017_07_14_boo_initiation.pdf

[telbap] 17/12/2018 18:10

Harva, today shows clearly that these pie in the sky valuations are coming to a close. It will be interesting to see if Mr. Market revalues asc back to the £40 plus mark or pulls it down to the £10/£15 level. Rocky times ahead.

[barnetpeter] 17/12/2018 16:21

I really like Sos and was in from the early days but sold out a few weeks ago looking for a lower price. I see 20p or lower and am waiting for that.

Asos was a shocker today and if online is starting to hurt then things are bad. I know the housing mkt is very bad....I was in Argos today buying something; when I came back to collect I was the only customer. Week before Xmas.....

Basically I think customers are few and far between and want absolute bargains. Worried about next year maybe and talk about job losses and uncertainty.

[pi0110] 17/12/2018 15:37

tomboy

I'm not sure where you are getting the "rich" valuation remark from? Sure if you use PER then it is rich but you simply cannot use that metric on a start up company that is growing at such a high pace. For example, if SOS can grow to just 10% the size of BooHoo Mkt Cap it will have six bagged from current share price and if it gets to say 10% of ASC Mkt Cap as of yesterday it will have 10 baggged.

Plenty of work for the joint CEO's to do yet but they have shown that they have the entrepreneurial skills to grow this company from scratch, something that most company CEO's would not have a clue.

Remember also that online shopping is still expanding at a steady rate, BOO & ASC have been rated much higher than they are today. I could see this share price growing even if we do have a recession as shoppers transfer from high street to online shopping.

[someuwin] 17/12/2018 14:07

You won't get much longer to buy at these low levels imo.

[tomboyb] 17/12/2018 13:53

I would add MYSL is valued LESS than this -

[tomboyb] 17/12/2018 13:52

I think the question investors will be asking is where is the upside? -

Looking at the last interims although good growth valuation is v rich -

I think u have investors here that really believe the story and if it was 2003 the valuation would still be rich -

2018 and this is one the worst retail environments seen and looking to deeper into a possible recession -

£34million for a loss making entity making good progress with a rich valuation is a bit much in this environment -

[tomboyb] 17/12/2018 13:23

The valuation is silly -

Even in a normal market its rich -

However it is what it is -

I cannot see retail getting any better any time soon so it'll be interesting to see the next set of figures here -