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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 Shares Traded Last Trade
  -0.50 -2.56% 19.00 543,088 09:59:43
Bid Price Offer Price High Price Low Price Open Price
18.50 19.50 19.50 19.00 19.50
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
General Retailers 4.44 -3.55 -3.19 31
Last Trade Time Trade Type Trade Size Trade Price Currency
16:26:01 O 5,400 18.933 GBX

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Sosandar (SOS) Discussions and Chat

Sosandar Forums and Chat

Date Time Title Posts
02/12/202012:45Sosandar - The next ASOS. Aren't they all!171
02/12/202012:24Sosandar2,911
01/12/202019:03SOS - will this go bust by Christmas 2019410
02/10/202001:57save our Countryside10
20/8/202014:30BullShiT, Big Sofa Turd No.2 -SOSANDER120

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Sosandar (SOS) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2020-12-03 16:26:0118.935,4001,022.38O
2020-12-03 16:23:1018.685,000934.00O
2020-12-03 16:21:0318.7325,0004,681.38O
2020-12-03 16:21:0118.6480,35014,976.44O
2020-12-03 16:20:5818.6054,97910,226.09O
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Sosandar (SOS) Top Chat Posts

DateSubject
03/12/2020
08:20
Sosandar Daily Update: Sosandar Plc is listed in the General Retailers sector of the London Stock Exchange with ticker SOS. The last closing price for Sosandar was 19.50p.
Sosandar Plc has a 4 week average price of 15.25p and a 12 week average price of 13.75p.
The 1 year high share price is 30.75p while the 1 year low share price is currently 4.62p.
There are currently 162,856,358 shares in issue and the average daily traded volume is 1,340,044 shares. The market capitalisation of Sosandar Plc is £30,942,708.02.
01/12/2020
10:33
thetrotsky: Croasdalefc - I would take issue with your comments about other online sellers. ASOS, Quiz and Superdry's comparatives have hardly been setting the world alight. Boohoo still has some reasonable traction but has been acquiring additional brands in the last 12-18 months (so a direct YoY comparison is more difficult). In an ideal world SOS would have been investing in increasing its customer base and/or diversification to offset the impact the pandemic has been having on average customer spend, product mix, quatities etc. but both of these options require cash and entail risk. Also, it's difficult to diversify in a pandemic, especially if it requires forging new commercial relationships. IMHO I think SOS have done well to increase sales and maintain cash in very trying times. My one criticism of today's results would be their forward looking statements about October/November; it would appear that their sales are at, or perhaps slightly ahead of, the same level as last year (they slightly muddied the statements and it's difficult to discern). Is this a disaster, far from it but it does rather confirm your comments that there's only so many party dresses that you can sell in a pandemic. Also, we should not discount the impact the government's actions are having on Xmas preparations. I'm sure there are more than a feww women out there wondering whether they'll be wearing a party frock or PJs on Xmas Day and, as for New Year's Eve, it looks as it we'll all be watching a socially distanced Jools Holland Hogmanay this year! The demise of Top Shop and Debenhams would appear to provide opportunity in the New Year and, if there is an opportunity to start or buy a complimentary brand (e.g. mens clothing) and/or expand the customer base in a cost effective manner then I think there would be supoort for a further cash call
01/12/2020
08:59
anderson sw: The share price is fair for now I agree but silly comments about poor revenue growth are not. You’re aware that for a very large part of this year people haven’t been needing to dress up for work, haven’t been allowed to go on holiday, haven’t been able to go to bars and restaurants or attend parties, right?
01/12/2020
08:33
croasdalelfc: I'm sorry but growth is poor for this nascent company with director remuneration of £500k a year. Also a big chunk of pf of clothes is party dresses , coats , and party accessories- which will struggle to sell this year. It has enough cash to avoid a cash call but when other online retailers are going from strength to strength I just see this as loss making for another year , and chugging along in 3rd gear. The share price is fair and will probably drift
05/11/2020
14:58
thetrotsky: ONJohn and Jackson83 when are you going to realise that you are busted flushes. Absolutely none of your predictions have proven right thus far (e.g. your yearly precitions that they'll be bust by Xmas!) and the figures you bandy around are just total fabrication. SOS did not owe £1.5m in PAYE and VAT at the end of H1; read the balance sheet! They were actually owed VAT at the end of August! That's why they call it recoverable! Yes, trade payables have gone up but so has their investment in stock (ahead of their launch on the Next and John Lewis websites). I know; you'll be telling us that it's all unsellable next. As for others reporting 100% growth, would you care to enlighten us? I checked ASOS, BOO and SDRY; none of them are reporting anything like 100% growth. Far from it. Also, what would be the point of advertising on the Tube, and wasting precious cash, when passenger numbers on the Tube have dropped off the deep end? Could things be rosier? Could growth he higher? Would profits be nice? Of course they would but SOS starts from a small base and is managing it's cash and growth in a very tough trading environment. Thus far, SOS has done extremely well in very trying times and the way they've adapted is to be commended IMHO.
04/9/2020
07:21
sdmbot: abarclay, You can read their annual report here: hxxps://www.sosandar-ir.com/docs/librariesprovider44/archive/reports/annual-report-2020.pdf Page 49 / 50 Non Execs total comp is ~ £210k incl. Murray, Reynolds, Collingbourne & Booth, excluding share based payment its £180k, not exactly cheap but they did do some capital raising during the period, which I think Adam Reynolds helps with. He's also active in promoting Sosandar at investment events. Regards the fees in 2018 I think that they basically relate to the reverse takeover of Oregen PLC when Sosandar listed on AIM, £500k of share options and £435k which was paid prior to the reverse takeover. Here is the listings document: hxxps://www.sosandar-ir.com/docs/librariesprovider44/archive/circulars/admission-document-10-oct-2017.pdf Again, not exactly hidden. Good luck with your err.. research.
12/6/2020
13:42
thetrotsky: So says the same Jackson83 who predicted that SOS would be bankrupt by Xmas 2019 and yet here we still are! The recent cashflow information would defy your prediction that there will be a further profit warning soon. SOS have drastically cut back on their marketing spend and furloughed 60% of their staff. In so doing, they've staunched their cash outflows and stabilised their cash position at £4.4m (no change between the end of April and the end of May). In the meantime, SOS has managed to increase revenues year on year, albeit at a lower rate than they might have done if they'd continued their agressive marketing strategy and, whilst the likes of Quiz, BooHoo, Superdry etc. continue to discount to attract custom, SOS has been able to revert back to full pricing and still continue to increase year on revenues. All in all, I personally think that SOS have managed lockdown very well thus far. It's clear that SOS has been able to capitalise on the customers it's attained from it's previous marketing initiatives and somewhat vindicated it's previous, albeit costly, approach to grab market share. Going forward, it is likely to become more difficult as the government's furlough scheme begins to unwind and tough decisions will need to be made as to whether SOS brings back all of their furloughed staff and restarts their previous aggressive marketing strategy; the new agreements with John Lewis and Next could have some bearing on this decision. Personally, I wouldn't be surprised to see another placing come September/October if the unwind of lockdown continues to plan and SOS decides to restart it's marketing strategy but, as it currently stands, I don't see SOS needing to do another placing before then unless they need to raise funds to acquire additional stock before the John Lewis/Next launch (that will very much depend on their suppliers' terms). But, in either of the above circumstances, I would see a placing as a positive sign; not a sign of a company having to staunch lockdown cash outflows but a sign of things returning to "normal".
13/2/2020
11:14
abarclay: oh deary me APAD - 13 Feb 2020 - 10:34:03 - 2642 of 2647 Sosandar - SOS Neary on Scott 😊 3 Nov 2017 “the company should have plenty of cash for 2+ years of cash burn.â€�; 11 Dec 2017 “SOS is well-funded for now… So it shouldnâ€͐2;t need to come back to the market for more cash for the foreseeable future.â€ʏ33; May 2018 There should be enough cash in the bank to get the company through to maybe mid-2020… the fundraising to launch the company on AIM provided for several years’ anticipated cash burn. July 2018 …thereâ̈́4;™s little doubt that the company has plenty of cash headroom for now. It might decide to do a top-up fundraising in 2019 or 2020, but that’s of no concern to me whatsoever, because it would be raising cash at a much higher share price than now… October 2018 – RAISED £3 million at 32p Nov 2018 I’m glad they did £3m placing now, as it removes any concerns about running out of cash. Jan 2019 Broker forecast is for net cash to bottom out at £3.6m at end 03/2020, and then start rising… Therefore, on current forecasts, which look perfectly credible to me, the business has plenty of cash headroom. Bulletin board chatter to the contrary, is just the usual nonsense that can safely be ignored, because people haven’t done proper research. 3 July 2019 …my view is that there is clearly enough cash for the time being. It may need a top-up placing next year, in my opinion. Therefore, being realistic, I think there’s probably an increased chance of the company needing a bit more cash next year. …a £20m market cap, for the UK’s fastest-growing pure play online fashion business, with enough cash for at least 12 months, is probably not going to be far from the lows. 11 July 2019 – RAISED £7 million at 15p If the company doesn’t generate the planned growth, then it could run out of money again in maybe 2 years’ time and get into a death spiral of increased dilution at lower & lower prices. 27 Nov 2019 There’s £6.9m in net cash, which is plenty for the next couple of years. 12 Feb 2020 – RAISED £5 million at 17p I was a bit surprised that they’ve decided to raise again, but the reasons make sense… APAD - 13 Feb 2020 - 10:32:54 - 31587 of 31594 ValueGrowth Investing - VLG Neary on Scott 😊 3 Nov 2017 “the company should have plenty of cash for 2+ years of cash burn.â€�; 11 Dec 2017 “SOS is well-funded for now… So it shouldnâ€͐2;t need to come back to the market for more cash for the foreseeable future.â€ʏ33; May 2018 There should be enough cash in the bank to get the company through to maybe mid-2020… the fundraising to launch the company on AIM provided for several years’ anticipated cash burn. July 2018 …thereâ̈́4;™s little doubt that the company has plenty of cash headroom for now. It might decide to do a top-up fundraising in 2019 or 2020, but that’s of no concern to me whatsoever, because it would be raising cash at a much higher share price than now… October 2018 – RAISED £3 million at 32p Nov 2018 I’m glad they did £3m placing now, as it removes any concerns about running out of cash. Jan 2019 Broker forecast is for net cash to bottom out at £3.6m at end 03/2020, and then start rising… Therefore, on current forecasts, which look perfectly credible to me, the business has plenty of cash headroom. Bulletin board chatter to the contrary, is just the usual nonsense that can safely be ignored, because people haven’t done proper research. 3 July 2019 …my view is that there is clearly enough cash for the time being. It may need a top-up placing next year, in my opinion. Therefore, being realistic, I think there’s probably an increased chance of the company needing a bit more cash next year. …a £20m market cap, for the UK’s fastest-growing pure play online fashion business, with enough cash for at least 12 months, is probably not going to be far from the lows. 11 July 2019 – RAISED £7 million at 15p If the company doesn’t generate the planned growth, then it could run out of money again in maybe 2 years’ time and get into a death spiral of increased dilution at lower & lower prices. 27 Nov 2019 There’s £6.9m in net cash, which is plenty for the next couple of years. 12 Feb 2020 – RAISED £5 million at 17p I was a bit surprised that they’ve decided to raise again, but the reasons make sense…
13/2/2020
09:07
the millipede: I think the point is that when you say the share price should be "lower" what you ought to mean is lower-than-it-would-be-if-the-company-were-making-profits, rather than necessarily lower-than-it-is-today. You are completely correct, that this placing in all likelihood pushes profitability back. But I think we need a different set of metrics to be honest, to value this kind of start up. Ultimately the marketing spend now should drive higher long term sales growth and by the time we get to the end of this year, the profit figure for 2020 will be irrelevant. This is why I can't really understand anyone focussing on 2019 profits - I genuinely do not care what they were as they do not help me understand the future growth prospects or to value the equity. They say nothing about the risks, nor about the possible future rewards. What I do know is that, for me, the trading update was very positive - I first bought in here the day after as I thought the share price fall was crazy - and likewise the placing. I added yesterday at the placing price and I think there is now certainty in the short to medium term that will hopefully drive some share price growth. And I think it should become clear during this year if the business model is working or not. So far, in my view, the signs - both in terms of sales growth and in terms of institutions being prepared to provide funds - are good that it is.
12/2/2020
09:28
the millipede: IMO the critical thing is not so much the offer price, important though that is. It is trying to understand if any future placing is truly funding growth, or just keeping alive a failing business running out of cash. The sad fact is that AIM is full to the brim of the latter, mostly in the natural resources, and oil & gas sectors, companies that are never going to make any money but are kept alive by - not to put to fine a point on it - morons who keep signing up to placing after placing after placing...... in the hope of..... goodness knows what...... (untold riches?) So I do get why people like profitability, even in start ups and high growth companies. Profits validate the business model, they make it very easy to tell if the business model is working or not. And profits make share price valuation more straightforward too. I think AIM has too big and too recent a history of being a haven for con artists, and sensible investors don't want that kind of risk. But still, assuming the business model here works, it would be better for Sosandar's long term prospects to get their hands on as much cash now as they can, if at reasonable rates, and prioritise big marketing spend now, rather than wait and fund this through profits. The risk is increased, to be sure, and as such will and should hold the share price back for now, relative to a lower growth plan for early profits. But in the long term that kind of strategy has the potential create a far larger, far more profitable business and greater value for shareholders. So IMO there is a good chance of a further placing at some point and, if that is to fund genuine growth in a successful business, that is fine by me. But SOS does not seem to be running out of cash imminently, as some above have suggested. So I think if the share price fall is based on the cash burn ideas some have been expressing, it ought to represent a buying opportunity for anyone who invests in this space, understands the risks for what they are and sees the massive growth opportunity offered.
30/10/2019
11:09
daijavu: sdmbot I accept your criticism of my post. It was not up to my usual standard. I read everything that Alban posted and saw how little he knew. My mind was on other things anyway. I didn't have the time to explain the facts about Sosander. I should not have commented. Others have made up for some of my omissions. investorschampion Sosander is a startup AIM company. It comes with risks. You either accept the risks or you don't Its share price is based on perceptions of its potential. If it were a small cap that had been in business for years then the share price might seem bonkers but it is not so the share price is not unreasonable.
Sosandar share price data is direct from the London Stock Exchange
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