Good morning, it's Paul here.

Early on, I'll be focusing on the interim results from Sosandar (LON:SOS) (in which I hold a long position).  I've got a telecon booked in with mgt early on. I'm expecting to see a big increase in marketing spend, fuelled by the recent £7m placing, and an acceleration in sales growth (after a slowish Spring/Summer season). Seeing as these are already known factors, then the key thing will be the current trading statement. If Autumn/Winter sales are going well, then the recent share price recovery could continue.

Estimated timings - as always, it depends on what newsflow there is. My intention is to start early, and be finished by 3pm.  Update at 15:34 - apologies, I nodded off after lunch (trainee pensioner LOL!). Am back at work now, so I'll be finished here by 5pm.  Update at 17:00 - today's report is now finished.


On my agenda today;

Sosandar (LON:SOS) - interim results & a quick call with management

SCS (LON:SCS) - AGM trading update

Ab Dynamics (LON:ABDP) - results headline figures look fantastic, so I'll report on this, even though it's moved above my usual upper mkt cap limit

OnTheBeach (OTB) - preliminary results FY 09/2019

Water Intelligence (LON:WATR) - upbeat-sounding trading update


Rejects

Filtronic (LON:FTC) - in line. Not very interesting, so I won't report on this one.

Grafenia (LON:GRA) - only £8m market cap, and headline figures look weak - I'm not convinced this company has a viable business model. Therefore not of interest.

Appreciate (LON:APP) - interim results out today are not very important, as it has a strong H2 trading bias. Trading outlook unchanged, so nothing for me to report on.



Sosandar (LON:SOS)

Share price: 25.75p (up 3% today, at 08:09)
No. shares:  162.9m
Market cap: £41.9m

(at the time of writing, I hold a long position in this share)

Interim results

Sosandar PLC (AIM: SOS), the online women's fashion brand, is pleased…

Unlock the rest of this Article in 15 seconds

or Unlock with your email

Already have an account?
Login here