Shoe Zone Share Discussion Threads

[deanroberthunt] 24/4/2015 10:42

a years worth of gains wiped out in a flash.....

[deanroberthunt] 24/4/2015 10:36

patience is a virtue possess it if you can often found in a goat never in a clam.

[reddave999] 24/4/2015 10:18

Still heading south glad I'm out, that was a very painful experience so won't be touching this again:(

[deanroberthunt] 24/4/2015 08:13

ultimately you can only ever really trust yourself....and not even then if you're bi-polar...

[herewegouk] 24/4/2015 07:57

Also sold out, don't trust this lot.

[deanroberthunt] 22/4/2015 18:15

...this could be a shoeing chaps :)

[deanroberthunt] 22/4/2015 15:13

FILL UR BOOTS, preferably knee length as there's more space to fill, but ankle seemed to be the preference....

[deanroberthunt] 22/4/2015 13:19

this just feels like a pre organised city boy circle of trust, suck em in and spit em styley drop.....wouldn't be at all surprised if this was back to new highs in 6-9 months.....wider macro economic environment pending.

[nivensxx] 22/4/2015 13:19

Feel that I've seen this before - my guess is the management are hiding more bad news. I expect this to fall. Have sold out completely now - around a 30% loss - oouch!

[pugugly] 22/4/2015 12:32

Ed 123 Thanks. Numis however are House Broker so they tend to wear rose tinted glases - Interesting that they are bang in the middle of my (institutional buying estimate !!!)

PS. No I had not seen their estimate before I posted. !!

[ed 123] 22/4/2015 12:25

Numis (Nomad) today has come out with 'add', target 210p.

I presume they spoke to Shoezone management before coming out with this recommendation.

[pugugly] 22/4/2015 12:19

Was pushed by at least 2 tip sheets - So lots of small stop loss sellers - Seems to be some buying activity aroud 170/175

Question? If just PI's gambling for a bounce then short term and agree with Jbat probably further to fall.

If institutions (possibly income investment trusts) picking up what they see as a reasonable price for brokers current yield estimates then could be in for a solid slow recover to say 200/215 - now (imo) ex rocket growth prospects

It all depends as I have said about as to whether the product offering is correct - SO PLEASE ask your younger female contacts (wives/girlfriends/ or daugheter and their friends) for product/price feedback-

thanks in advance.

[jbat] 22/4/2015 11:17

This one is going to fall further. Sub IPO price certainly - perhaps 130p rather than 100p, but I don't see 150p holding. That selloff yesterday is a big nasty cliff-face, and it serves the ignorant management-shareholders right to have published such apparently contradictory trading information. Anthony and Charles Smith will have lost about £15million on paper between them yesterday on their shareholdings!

[deanroberthunt] 22/4/2015 10:31

I'm in...starter for 10

[deanroberthunt] 22/4/2015 10:19

fwd P/E and yield for 2016 is very tempting...

[deanroberthunt] 22/4/2015 10:18

(End of Section)(Start of Section)
Broker Forecasts Year Ending Pre-tax EPS EPSg P/E PEG DPS Yld %
2015 10.00 15.80 -13.03 11.72 -0.90 9.45 5.11
2016 12.00 19.30 22.15 9.59 0.43 11.60 6.27

[masurenguy] 22/4/2015 09:59

Looks like it just might be heading back to the IPO price of 160p. A 100p suggestion is utterly absurd unless there are serious accounting irregularities that come to light and there is no indication that this might be likely either. Sales have been hit but margins have been maintained and the company has net cash. The potential eps could be in the region of 16/17p following this profit warning which at the current shareprice of 175p represents a PER of around 10. The projected dividend might be reduced to circa 9p or 10p which is still a yield of more than 5%. There may be some more negative news to come but this may also prove to be the limit of the trading downside. I remain watching from the sidelines.

[deanroberthunt] 22/4/2015 09:56

well assuming a 20% cut to div and forecast earnings, she's now off a per of 10-11 with a 5.7% yield......with £9.1m net cash...

of course, only ok assuming the decline is temporary....plus never been keen on companies where the owners still hold a majority stake.

[pugugly] 22/4/2015 09:54

Paul Scott ratehr negative - However looks as though he may be following my 139 above - Stock selection and stock control + pricing points are No 1 in retail-

REMEMBER- RETAIL IS DETAIL and it looks as though not enought attention to detail here.

[aishahq] 22/4/2015 09:44

I'm definitely back in at £1! But doubt it will get there. Not unusual to fall back to below ipo price hence 150p. Although because confidence has been shaken so much and the extent of the problem hasn't been quantified, I would be surprised if it went between 125-150p. Because unless the entry price is really very attractive, why would anyone want to take a big risk in buying in...?

[deanroberthunt] 22/4/2015 09:36

IPO was 160p

[deanroberthunt] 22/4/2015 09:35

100p is rounder :)

[aishahq] 22/4/2015 09:28

L2 shows the selling continues. I wonder to what level these will have to get to in order to attract some buyers. Perhaps 150p? Round numbers usually provide some support.