Shoe Zone Share Discussion Threads

[thecroots] 14/1/2022 14:02

We should get a shareholding RNS within 2 days. That 1.5m trade is 3% of the company.

[mongrels3] 14/1/2022 10:40

They gave him a score of 12 out of 15 for the share which is very high. And ShoeZone was the winning stock

[tomps2] 14/1/2022 09:25

Richard Crow Pitches #SHOE in the latest episode of PIWORLD's Sell it to the City.

Richard Crow pitches Shoe Zone (SHOE) to Andy Brough, Schroders, Judith MacKenzie, Downing and Stephen English, Stellar Asset Management in the second episode of PIWORLD's Sell it to the City.

Watch the video here:

Or Listen to the podcast here:

[eezymunny] 13/1/2022 13:36

As usual the uneducati simply HATE anything reasonable but negative being said.

Forever uneducati. Forever in the poorhouse...

[bountyhunter] 13/1/2022 09:38

Agree 100% 1R, EezyMunny is so transparent and obviously now shorting or looking for a lower entry point since he sold up, hence the constant negativity since then despite the excellent trading results from ShoeZone, now trading debt free.

[1realist] 13/1/2022 09:18

But you've sold all your shares since November haven't you... absolute scum.

[ken chung] 13/1/2022 09:06

Smelly plastic Chinese shoes of questionable quality, as if the synthetic fumes just walking past one of the shops isn't bad enough to put you off. Fortunately I didn't go in as I don't carry a full gas mask and oxygen bottle.

You feel sorry for the staff who have to work all day in such places breathing those fumes and having to smile at the occasional customer from a council estate.

Lemmings and mushrooms only.

[eezymunny] 13/1/2022 09:03

Oh and bountyboy, you say "All your comments here have been negative despite the company's positive results and prospects..."

But in November I said "SHOE looks to be right back on form, business wise. The share price may continue up towards previous 200p range if a thumping great divi is announced with a positive outlook with the finals (in Jan?). Time will tell..."

Do stop posting lies and utter tripe please...

[eezymunny] 13/1/2022 08:43

It's not about economic factors. It's about real surging costs for a business like SHOE. Wages up. Utilities up. Rates up.

Durrr...

As I said before, it'll be interesting to watch which businesses can up their prices to compensate and maintain margin% without affecting volumes.

[bountyhunter] 13/1/2022 08:20

Your snippit plucked out of an unrelated rns is just about economic factors which all retailers face. Shoe is debt free and trading profitably with excellent prospects.

All your comments here have been negative despite the company's positive results and prospects...

[eezymunny] 13/1/2022 08:15

From CARD's update today.

"The Board expects that the combined impact of unmitigated headwinds; predominantly the increasing cost of freight but also the impact of inflation on staff costs and utilities; plus investment in headcount, IT and development of the online platform to support the delivery of the strategic plan, will add approximately £30m to the pre-Covid FY20 cost base net of mitigation"

It's a shame SHOE couldn't provide similar IMO.

[purpleinvestor] 11/1/2022 20:11

Been holding Shoe since the low of 60p ish - will still hold Shoe until Divi's and further going forward - Good day all - See u in the summer.

[ny boy] 11/1/2022 13:51

Everyone loves shoes and everyone loves a debt free company in a rising interest rate environment, impressive, keep up the good work…the shoe fits!

[tomtum1] 11/1/2022 13:41

What a share guys..Heading to dividends now. Funds will want in.2 pounds on the way

[edmundshaw] 11/1/2022 13:37

Omicron and its after-effects are still a bit unknown, I suppose. But all the data points to the pandemic ending and normality resuming in a matter of very few weeks. How will people react to the various changes of increased taxes, higher interest and mortgage burdens, a changing high street? What will happen to business rates?

An outlook statement would be far more useful than a trading statement for a few very odd and atypical few weeks since the last one, but I can see why they are leaving outlook guesstimation for now, at least until the dust settles.

I am happy with these results, but looking forward to the next statement!

[bountyhunter] 11/1/2022 13:16

I can't see that they would be paying off debt and planning on resuming a Divi if not. People still need shoes despite Omicron, especially kids returning to school and stores have been open throughout. If ShoeZone can perform well with stores open for only 36 out of 52 weeks during the reporting period, then when open continuously as they have been since 2 October performance may reasonably be expected to be even better. ShoeZone are following in the footsteps of M&S and other high street retailers which have surprised to the upside.

[thecroots] 11/1/2022 12:09

But we don't know if the current trading is back to normal do we. All reports suggest high st footfall is down because of Omicron.

They have also stated that its only going to be a "modest" divvie so i'm not expecting a big divvie when they re-instate it. Although at this level, i would suspect that the yield will be the same.

Still, we could be in worse places! Well done Shoe zone. We wouldn't have thought we would be where we are now 12 months ago.

[bountyhunter] 11/1/2022 11:25

Back to normal store trading with new cost cutting measures in place, no debt, increased cash in the bank, a pension scheme with a surplus, the dividend to be reinstated and online trading up 58% but with the share price still way down on pre-pandemic levels is how I see it.

[fegger] 11/1/2022 11:14

Very happy holder. Another big plus point is a very low online returns rate of 8.4%.

Paul Scott calls them 'very impressive results'

[tomtum1] 11/1/2022 11:09

What a great stock

[chinahere] 11/1/2022 11:05

I am assuming everything returns to similar in a year or so albeit with some inflation which could be offset by price rises. Go back a few years and they were making this sort of return and I don't see why they couldn't again.

I thought as much when these were 45p last year - I sold a chunk at 80p and I wish I hadn't.

[eezymunny] 11/1/2022 10:26

Chinahere. What's your estimate of incremental costs for this years (rates, freight, wages, utilities)? It's easy just to pluck £10m pbt but can you justify it?