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Sosander – Q3 trading statement update
I might be hopelessly optimistic with AIM-listed Sosandar (SOS), but the latest trading statement read rather well to me. As per HERE my best case scenario was for Q3 sales of £1.7 million and they came in at £1.6 million, which means that Sosandar has clocked up £3.44 million of sales in the first nine months of the year. Compared to the house broker forecast by Shore Capital of £3.9 million of revenues for the full year that, as I have previously suggested, means an easy target. It is always nice to see under-promising and over-delivering, even if I thought the targets were too easy in the first place...