Share Name Share Symbol Market Type Share ISIN Share Description
Shoe Zone LSE:SHOE London Ordinary Share GB00BLTVCF91 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 182.50p 180.00p 185.00p 182.50p 182.50p 182.50p 11,781.00 08:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
General Retailers 159.8 10.3 16.9 10.8 91.25

Shoe Zone Share Discussion Threads

Showing 401 to 422 of 425 messages
Chat Pages: 17  16  15  14  13  12  11  10  9  8  7  6  Older
DateSubjectAuthorDiscuss
07/4/2017
17:04
British Bulls.com have issue a short position on Shoe Zone & the shorts on this have grown Friday , expect downward trend for most of next week
hotaimstocks
23/3/2017
17:20
I hate the charges involved making that much profit from creditor's misery. However they then use this as a reason why a "cheaper alternative" is good - the prepack sale of a business on the day it goes into administration. They truly stink - most especially when sold to the same directors who likely as not were preaching to suppliers just days before that business was fine!
fenners66
23/3/2017
13:18
Sometimes, you will see liquidators appointed by shareholders to businesses on so-called fixed fees that have very few creditors, which are negligible compared to the assets of the business, including quite large sums of cash that exceed their agreed liquidation charges and that also meet all creditors claims,on the expectations of getting a substantial fair distribution, only to find the liquidators see an opportunity take the lot for themselves by creating issues that enable them to start charging excess fees at outrageous rates as you say fenners66. Worse still, is that the Courts let them get away with these tactics when shareholders try to hold them to account, that leave the shareholders paying them even greater fees and costs as Courts rule against stakeholders on the basis that they are professional people.
clocktower
23/3/2017
11:48
I have seen administrators/liquidators reports of 6 - monthly progress, where the only progress was that they had spent a load of hours (at up to £600/hr charge rates) on writing a 6 Monthly Progress report! Talk about bleeding creditors dry.
fenners66
23/3/2017
11:33
That sums it up nicely BrianGeeee, In many cases it is about the "Administrators" getting as large a chunk of the funds they can lay their hands upon, ignoring what is best for the employees,landlords,creditors etc. I have seen Administrators and Liquidators bleed companies/businesses going to extreme lengths to prevent just and equitable division of assets just to fill their own pockets regardless of the suffering and damage done to those they like to try to pretend they represent. Without detailed information it cannot even be suggested that PwC are or would act in this way in this case in question.
clocktower
23/3/2017
11:17
I suppose that's normally the way with these. There's a period of cooperative DD, with the potential acquirer showing an appropriate amount of interest. The Administrator says "the deal needs to be done in x days, or we'll need to put it into administration", so various excuses are made, and the process gets dragged-out. Attractive bits are then bought out of the fire-sale. Probably more fees for the Administrator, cheaper prices and less risk for the buyer, and all agreements open for re-negotiation. It's always the creditors of the bust business (and their insurers) that suffer.
briangeeee
23/3/2017
10:36
Report from thebusinessdesk.com regarding Brantano Administration:- "Administrators at PwC said a sale of the company was explored with Shoe Zone rumoured to be in the running. However a deal could not be completed and the historic shoe retailer was placed into administration for the second time this year"
mortimer7
22/3/2017
22:09
This was finnCap's comment from Oct 2015: "Brantano has 140 stores and 40 concessions in the UK. Its product mix is geared into brands and higher price points relative to Shoe Zone and there is also a large Clarks representation. It has a wider family footwear offering than Deichmann, but suffers from poor distribution, overstaffing and over-complexity. Management estimates that Brantano competes directly through 50 stores. Operations are currently loss-making and we understand that the business is for sale. This would free up capacity in the market and could offer Shoe Zone some store-specific opportunities. Brantano incorporates Jones the Bootmaker, which has been trading for 150 years and focuses on a wide range of fashion-forward and exclusive own-branded footwear and accessories for men, ladies and children, as well as brands such as Gabor and Ted Baker – www.brantano.co.uk. "
briangeeee
22/3/2017
21:11
Agreed. They will cherry pick the good parts no doubt. Brantano has been on the edge several times. They are not a viable company.
topvest
22/3/2017
20:33
I think I'd prefer them to pick up any stores they want from the administrators as that gives them maximum negotiation strength with landlords. Can't see them overpaying either...
rhomboid
22/3/2017
19:55
Brantano now in administration http://www.bbc.co.uk/news/business-39357328
tanneg
22/3/2017
11:36
Ok Found the background, Brantano went bust last year, administrator sold 81 stores to newco , that is now struggling, looks like all sites are retail park so big box possible, or run as a separate fascia with slightly different more upmarket position, all logistics and buying and supporting functions could be handled by Shoe , both co.s are Leicester based so integration would be straightforward, could be v.intersting
rhomboid
22/3/2017
11:14
Found this - doesn't look like its a done deal yet:- "The bidding war for Brantano has escalated as footwear retailer Shoe Zone submits a bid to buy out its rival, according to Sky News. Shoe Zone joins Pavers and Edinburgh Woolen Mill as potential new owners for the ailing retailer, which filed a notice of intention to appoint administrators last week. A deal is expected to be made by the end of the week, meaning Shoe Zone is likely to be one of the final bidders for the company. The bid for Brantano, which is valued at around £88 million, is a bold move for Shoe Zone off the back of store closures and revenue falls last year. Alteri, which owns Brantano, also announced the imminent administration of its sister company Jones Bootmakers, with potential job losses for both companies topping 2000. Alteri has stated that has confidence a buyer will be found for both."
tanneg
22/3/2017
11:07
Anyone got a link , I can't see an RNS?
rhomboid
22/3/2017
10:33
Hm. Interesting. But I am not going to pass judgement till I have investigated further.
edmundshaw
22/3/2017
09:59
Not sure I like today's news - this might not be the moment to be spending a lot of money buying up a bust rival!
bookwormrobert
22/3/2017
09:49
Could also be a worrying one.
clocktower
22/3/2017
09:47
Interesting development !
masurenguy
22/3/2017
09:38
hTtps://www.retailgazette.co.uk/blog/2017/03/shoe-zone-joins-brantano-bidding-battle
clocktower
27/2/2017
19:07
Just divi and tip reactions. Nothing fundamental going on, no recent news events to trigger the fall. If it drops further, I use my dividend cash to add more! :-)
edmundshaw
27/2/2017
18:02
Downward trendline since Feb 2015 is still in play. Drop to £1.25 could be on the cards short term. I'm not too worried though, plenty of value, great divis, growth from out of town retail shops and third party shoes and its majority owned by the founders.
danpollard
27/2/2017
17:18
To be more definitive I meant local business rates for shops
fenners66
Chat Pages: 17  16  15  14  13  12  11  10  9  8  7  6  Older
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