Shoe Zone Share Discussion Threads

[thecroots] 14/1/2021 15:27

end of march.

[jock3636] 13/1/2021 18:06

When are the resultsDue

[thecroots] 13/1/2021 17:56

Disagree- I personally think they are going to buy Amazon in an all-cash deal.

[middlesboroughfc] 13/1/2021 17:18

This could crash when results come out

[thecroots] 06/1/2021 18:05

Zinger, The loan they have is the government loan which you cannot CVA for if i recall. Even if you can, 75% of creditors must agree to it. They are a well managed company and the government help will certainly plug some of the gaps of this lockdown. I'm hoping there is a 6 month extension to the business rates holiday.

[zingerburger] 06/1/2021 08:19

Might be doing a fashionable CVA imho

[ken chung] 06/1/2021 08:06

Shops closed.Revenues collapsed.No end in sight.Heading for 20p.Lemmings and mushrooms only.

[chinahere] 05/1/2021 17:54

Around 500 stores isn't it? So £3 million or 10% of the market cap.

[thecroots] 05/1/2021 17:42

The new business support announced today will be very welcomed by Shoezone... Id guess that most sites will get the middle tier of £6k per store.

[thecroots] 05/1/2021 12:22

Charles SMith has tweeted that slipper sales are going to be stratospheric now. ANd hash tagged goodnews

[lennonsalive] 31/12/2020 14:24

Could not buy through II today

[eggbaconandbubble] 31/12/2020 11:15

There is a consensus that provincial town high streets will have a revival due to an increase of staff 'working from home' in the future and a general migration out of the cities. I read somewhere Mark Dixon of IWG is apparently is very much of this view. As an aside I find it laughable that the banks have nearly all closed their monster victorian edifices in nearly all the high streets and completely left. I feel they will be back since a bank branch, now that we have lots of automation, only needs to be a few square metres. The Post Office often operates in a booth type set up.

[thorpematt] 30/12/2020 13:41

I think we have to take a "2nd half 2021 and onwards" view here. I also like the idea of "high street bounce"...that's not a real phrase (i just made it up). But the point is that (rightly so) "high street" stocks are sold down...but not all traditional retailers are dead in the water by any means.

[chinahere] 30/12/2020 10:48

Yes, long-term and they have furlough and rates rebates to help in the short-term.

[pottsypotts] 30/12/2020 10:03

Hopefully the market is looking way ahead as more and more tier 4 lockdown means more and more shoe zone shutting again, good job they don't hold perishable stock ( yes i am a holder )

[ny boy] 30/12/2020 09:21

Ignore the short term noise, that pop up on the thread from time to time, totally clueless about investing Onwards & upwards

[boraki] 21/12/2020 10:35

Ouch ftse250 19,405.47 −710.82 (3.53%) Not too sure I would tip my toe in yet. :-(

[boraki] 21/12/2020 10:07

ftse250 19,553.53 −562.76 (2.80%)

[boraki] 21/12/2020 09:12

Bloodbath day, me thinks

[ken chung] 21/12/2020 08:49

Shops closed.Revenues collapsed.No end in sight.Heading for 20p.Lemmings and mushrooms only.

[boonkoh] 21/12/2020 07:49

130 stores for now... Until govt realises the new strain is everywhere and we get a Tier 4 nationwide for Jan.

[jw330] 21/12/2020 07:44

Yeah agree Shoe is going to survive because of its management however we are definitely not out of the woods in terms of share price so I am just mentally preparing myself for a battering lol.

[thecroots] 20/12/2020 19:37

JW, Its likely that a lot of sectors going to be hit a little tomorrow - with i believe Travel sector to be the worst hit. To be fair, i think the market had it priced in anyway. Lets face it, SHOE run an extremely tight ship. If they can't survive, no one can. A few shoe other retailers going pop would do us the world of good. Surely the Government has to act for business rates relief from Apr 2021. You are right though, its a decent long term hold. On the plus side, its only 130 stores that are closed and not all of them.

[jw330] 20/12/2020 09:44

tier 4 lockdown in large parts of the UK. Shoezone is probably gonna get hammered tomorrow! I'm in it for the long run but I think its going to be painful for a good few years instead of a few months here

[chinahere] 16/12/2020 21:05

We should put our foot down on this negativity! This is largely a family run company and has a great track record of dividends. Buy and forget and look back in a few years time IMHO - this is a well heeled company.