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BuddingAudioEngineer
Contributor II
Aug 31, 2018 10:01 PM UTC

Sonos Stock

I'm not sure how many customers you have so this may not be feasible, but would you consider offering one share of Sonos stock to existing Sonos customers?
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5 replies

controlav
controlav
Lead Maestro
Sep 1, 2018 2:58 PM UTC
Seems like a lot of work for Sonos to save ~$20 for a customer, and unsure what the benefit to the ~$20m cost might be. I bought my Sonos stock in the normal way.
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Author of the leading independent Sonos apps for Android, MacOS, iOS, Windows and Xbox.
Stuart_W
Stuart_W
World-Class Superstar
Sep 2, 2018 4:25 PM UTC
Seems like a lot of work for Sonos to save ~$20 for a customer, and unsure what the benefit to the ~$20m cost might be. I bought my Sonos stock in the normal way.

I'd like to see Sonos offering stock holders benefits. Say 5% discount.

But like control I have purchased my shares in the normal way so now every thread I will be telling people to buy Sonos gear even if they don't need it!
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Arc + Sub (Gen 1) + 2 x Play 1/ Stereo Play 3s/ Era 100 Stereo in Kitchen, One Stereo in Bedroom, Play 1 stereo pair in Study, Play 1in Bathroom, Sonos Move 2
    upstatemike
    Oct 19, 2018 6:12 PM UTC
    Sonos stock touched $11.80 today which is exactly 1/2 of its highest price. I wonder at what point it becomes an irresistible acquisition target for some company looking to buy a bargain?
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    Local music library with carefully constructed playlists - no shuffling!, Integration with Homeseer Automation, No touch screen devices, No streaming services, No Apple products ever
    upstatemike
    Dec 17, 2018 3:57 PM UTC
    Lots of activity around Sonos stock today. Wonder if it is related to Christmas sales volumes?

    https://walletinvestor.com/stock-forecast/sono-stock-prediction

    At least the cost to implement the OPs original proposal is now much lower if Sonos decided to pursue it.
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    Local music library with carefully constructed playlists - no shuffling!, Integration with Homeseer Automation, No touch screen devices, No streaming services, No Apple products ever
    Airgetlam
    Airgetlam
    Dec 17, 2018 11:11 PM UTC
    Probably due to this announcement:

    https://en.community.sonos.com/announcements-228985/sonos-now-playing-with-alexa-groups-6817588
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    Bruce
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