Shoe Zone Share Discussion Threads

[mongrels3] 07/9/2021 10:17

From KPMG retail sales monitor 7th September... Overall, the high street saw 3 percent growth, dented by lower food sales growth of 1.9 percent as consumers enjoyed a fully re-opened hospitality sector. Online sales fell back by 2.5 percent compared to August 2020, though online penetration rates remained significantly above pre-pandemic levels, signalling the step up in online shopping is here to stay. Clothing, footwear and accessories continued their recovery with some healthy sales increases but from a much lower base, whilst technology and furniture/appliance categories suffered against very strong comparatives in 2020.

[bountyhunter] 03/9/2021 18:43

Absolutely, Warren Buffett didn't make his fortune by faffing around!

[nw99] 03/9/2021 18:24

Buy and hold

[thecroots] 03/9/2021 16:56

Unusual large buys between 2 and 3pm today. 99,0000 shares all paying a penny over asking price

[purpleinvestor] 27/8/2021 17:19

I am heavy in Shoe Zone. Sit Back. He who waits. No need to jockey about.

[bountyhunter] 27/8/2021 16:55

but you can't keep a good horse down! 🏇 buying continues, we can all see how busy the high street is especially with kids returning to school over the next few weeks

[bountyhunter] 26/8/2021 13:50

55k buys vs just 9k sells today ....and still the price is held down on the day!

[leicesterboy] 26/8/2021 08:28

In August 2019 just before the August Bank Holiday Shoe Zone Plc issued a trading update and also announced board changes. Could we see a trading update in the next few days.

[nw99] 25/8/2021 17:07

Big laggard here

[bountyhunter] 24/8/2021 16:37

(Sharecast News) - Berenberg lifted its price target on Marks & Spencer to 200.0p from 195.0p on Tuesday, as it highlighted a "strong" reopening recovery. It said the retailer's ad-hoc trading update on 20 August indicated a robust recovery since the easing of restrictions. Retail shoppers don't just shop in M&S of course!

[bountyhunter] 24/8/2021 16:15

Yes I agree, take the Buffett approach with this one :)

[purpleinvestor] 24/8/2021 15:10

Way undervalued but he who waits will be rewarded.

[bountyhunter] 24/8/2021 13:07

more buys than sells now today but still they keep it down due to a ridiculous spread!

[bountyhunter] 24/8/2021 08:29

glad they didn't get booted out ;)

[thecroots] 23/8/2021 22:13

seen that purple. Must be more to it than just a good rent reduction...

[bountyhunter] 23/8/2021 09:05

There should be a trading update in October (as last year) or possibly earlier.

[purpleinvestor] 23/8/2021 08:52

Must be a good sign hxxps://www.southwalesargus.co.uk/news/19527453.shoe-zone-newport-closing-u-turn/

[bountyhunter] 23/8/2021 08:51

Retail sales have been booming as mentioned above re M&S ...looks like only a matter of time before ShoeZone plays catch-up.

[idriveajag] 20/8/2021 11:43

Bought a few and will add in any dips.

[mongrels3] 20/8/2021 07:58

From the M&S trading update: Clothing & Home has seen a good recovery in its performance. Revenue is up 92.2% on last year and down just -2.6% on 2019/20 Hopefully some read across in to Shoe.

[mongrels3] 16/8/2021 11:14

hxxps://www.retailgazette.co.uk/blog/2021/08/retail-sales-boost-expected-in-upcoming-back-to-school-season-study-suggests/

[bountyhunter] 12/8/2021 07:08

Very strong 4.8% GDP growth April to June reported this morning including retail. Https://www.theguardian.com/business/live/2021/aug/12/uk-gdp-q2-growth-economy-services-manufacturing-trade-us-unemployment-business-live

[bountyhunter] 11/8/2021 13:47

12 June 2020: Zeus Capital advises on £22.6m Moss Bros take private "This deal is the fifth that Zeus Capital has completed since the UK lockdown commenced, and also represents the fourth completed takeover code transaction that Zeus Capital has advised on in the last 12 months." Https://zeuscapital.co.uk/deals/mosb-jun20/ At a 61% premium! Https://proactiveinvestors.co.uk/companies/amp/news/914824 A pure coincidence that SHOE switched to Zeus as sole adviser on 1 June? I don't think so. Imho. Https://uk.advfn.com/stock-market/london/shoe-zone-SHOE/share-news/Shoe-Zone-PLC-Change-of-Adviser/85247658 Zeus Capital have already taken 5 companies private in the last 12 months or so and it seems likely they were taken on to do the same again here given that the Smith's have increased their shareholding to ~54%

[simmsc] 06/8/2021 15:04

Thanks bounty. And agree with nw, update should be good. yesterday i took a look at their website platform, and it's good! Pricing is obviously good (that's their strategy), but the site is very user friendly and easy to navigate and the pages were loading fast on my mobile. And as an online retailer myself I'm going to be hard to please on that front. I was impressed (might even nick a few ideas off term lol). Just for clarity, i don't compete with them on product.