ShareProphets


The one stop source for breaking news, expert analysis, and podcasts on fast-moving AIM and LSE listed shares


Join ShareProphets at less than 2p per article

> All the big AIM fraud exposés

> 300 articles and podcasts a month

> Hot share tips

> Original investigations by our experienced team

> No ads, no click-bait, no auto-play videos

Find out more

Some of my fellow shareholders in Sosandar don't seem like the brightest sparks

By Tom Winnifrith | Sunday 5 November 2017


Disclosure: Financial Investigative Media Limited, which is not owned by Tom Winnifrith but by a trust for his dependants, owns shares in companies mentioned in this article. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


It seems that Thursday's RTO of Sosandar (SOS) at 15.1p went well enough. The shares closed Friday at 20p-21p and I am very confident indeed that we loyal shareholders would have a chance to sell at well over 30p before too long. This retailer will not be disappointing with its next trading statement which, I'm sure, will force brokers to increase forecasts. But some of my fellow shareholders don't seem to be the brightest sparks or my greatest fans. From the ADVFN asylum:

Rathean3 Nov '17 - 08:43 - 22 of 28 0 0

Looks like TW has bet his kids inheritance on this one, big named investors t'boot. 50% returns concerns me, I never experienced anything over 30% even when we sold fashion with US rather than UK sizing by mistake. All on their first post listing update, insiders implying 1 million turnover which would represent substantial increase on hobbyist revenue.

bbmsionlypostafter3 Nov '17 - 10:16 - 23 of 28 2 1
In a bearcast yesterday TW said he has 43,000 shares @ 15.1p. That's £6,500.
You do know you can look this stuff up online so you don't look foolish, don't you?

Rathean3 Nov '17 - 11:12 - 24 of 28 3 0
Listen again princess x

tjbird3 Nov '17 - 11:19 - 25 of 28 0 0
Cant believe that rumour by Gorilla that TW took £300k of this in the placing
Has he sold?

rajaster3 Nov '17 - 12:09 - 26 of 28 0 0
Tw is the biggest kh going.. But he would be laughing if he bought that many probably top sliced.. Crooks deal with crooks.

Hmmmm.

Just for the record, as per bearcast, I have invested £43,000 which is well under 10% of our portfolio but still a large sum to punt on one stock. And I have not sold a single share and won't be until 24 hours affter HSR advises its readers to bank gains.


Filed under:


Never miss a story.




This area of the ShareProphets.com site is for independent financial commentary. These blogs are provided by independent authors via a common carrier platform and do not represent the opinions of ShareProphets.com. ShareProphets.com does not monitor, approve, endorse or exert editorial control over these articles and does not therefore accept responsibility for or make any warranties in connection with or recommend that you or any third party rely on such information. The information available at ShareProphets.com is for your general information and use and is not intended to address your particular requirements. In particular, the information does not constitute any form of advice or recommendation by ShareProphets.com and is not intended to be relied upon by users in making (or refraining from making) any investment decisions.


More on SOS


Comments

Comments are turned off for this article.


Site by Everywhen