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Sosandar – states “pleased to provide” a trading and expansion update. Er, what about the major profit warning?!

By Steve Moore | Wednesday 18 October 2023


Disclosure: I own shares in one or more of the stocks mentioned. 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.


Previously writing on women's fashion brand company Sosandar (SOS), I concluded I still hold some shares here but will be monitoring both the sales and cash flow performances closely in upcoming updates and could understand Nigel Somerville’s caution from the trading update on the company’s then just-ended financial year. Today a “Trading & Strategic Update”-titled announcement from the company and what of the shares currently down more than 30% towards 12p in response?

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