Shoe Zone Share Discussion Threads

[thecroots] 05/5/2022 16:25

A wee tree shake coming.

Couldnt buy anymore than 200 shares about an hour ago so i guess trying a tree shake on low volume to see what falls out.

[thecroots] 04/5/2022 20:13

The recent results of other high st retailers suggest we should expect the same here. I'm hearing that online sales continue to go gangbusters.

The way i see it, the more stores that convert to hybrid stores (Selling branded products) the better. They sell far higher value shoes so surely the like-for like sales will be higher. We shall see.

They already said a last year that the small amount of hybrid stores, online and big box stores account for over half of profits. Since then, online ha increased and the amount of hybrid stores is far higher than the 10 or so at the time.

I know they have converted a load of standard stores to hybrids already.

[bountyhunter] 03/5/2022 11:08

A great set of results for CardFactory (CARD) today. The high street and online are doing very well for budget retailers.

[thecroots] 24/4/2022 19:29

I was in Weston Favell last week and they are also moving 3 units down with the new Hybrid format.

If it dips this week i will add more.

Solid company run exceptionally well.

[thecroots] 24/4/2022 19:28

I added last week.

I saw the worthing branch. I live 3 miles from there!

[williams2102] 22/4/2022 21:30

Solid company. No debt and a strong online presence. Solid PE too. A lovely new Worthing brunch just opened. Had chat with the staff, business was strong with a high demand for the great value and the good quality products. Im going in for more!

[thecroots] 22/4/2022 20:43

17th May this year...

[bountyhunter] 22/4/2022 14:49

Not long to interims now, 18th May last year.

[thecroots] 21/4/2022 17:44

Good volume today.

[actscap] 21/4/2022 14:06

I'm out. Likely that this has much further to go but I've eyed up some other opportunities I want to explore / that may have a bit more pricing power over the next 36 months. GLA.

[bountyhunter] 21/4/2022 08:36

Trading must be good at CARD as refinancing has been successfully completed more favourably than previously with conditions removed. Bodes well for trading at SHOE with both being discount high-street retailers with growing online sales.

[riverman77] 19/4/2022 16:01

10 year gilt yields now approaching 2% - massive moves which should translate to another few million worth of gains on the pension schemes.

[bountyhunter] 13/4/2022 13:11

Absolutely.

[actscap] 13/4/2022 12:56

Great spot

[mongrels3] 13/4/2022 12:18

From the Tesco prelims today. Hopefully a read across in to SHOE.

'Non-food sales growth was particularly strong this year, driven mainly by Clothing +19.4%'

[riverman77] 08/4/2022 12:46

Big rise in gilt yields should prove very helpful for the pension situation. The last report noted a significant reduction in pension liabilities due to rise in gilt yields. Well, since October they've continued to shoot up with 10 year yields increasing from 1% to 1.7% today - these are big moves that should translate to several million gains on the pension schemes.

[zangdook] 01/4/2022 16:21

Buybacks are often approved without actually happening - companies like to get them agreed just in case.

[cornishman33] 01/4/2022 16:07

Heng Heng I would expect the CEO to sell some of his shres to keep his holding below 30%.

[heng heng] 01/4/2022 15:50

Question - given a share buy back programme (10% or 5m shares) has recently been approved, when it commences will it not trigger an automatic bid for the company given the CEO already owns a 29.9% stake? and what price would that occur at given his last acquisition was at 80p? Any ideas on this subject matter are welcomed

[actscap] 30/3/2022 08:43

Discounters regain shoppers as footfall increaseshttps://www.kantar.com/uki/inspiration/fmcg/2022-wp-uk-consumers-shrug-off-pandemic-routines-but-rising-prices-begin-to-shape-behaviour

[actscap] 23/3/2022 19:37

Conversion of another store. https://www.derbytelegraph.co.uk/news/local-news/new-shoe-zone-store-open-6841445

[actscap] 17/3/2022 21:00

New 'shoo-bot' chatbot on the shoezone website - nice to see the continued investment and development of their online proposition.

[thecroots] 07/3/2022 19:36

From yesterday



Lol i own both SHOE and FIF

Great minds and all that!

[km18] 07/3/2022 14:05

..from last year...

Shoe Zone this morning issued a further trading update. Further to the Full Year Trading Update announced on 13 October 2021, reported profit before tax is now expected to be in the range of £9.0m to £10.0m for the 52 weeks to 2 October 2021. Underlying trading has been better than expected and the Company has concluded that it will not be required to recognise approximately £1.5m of one off additional pension contributions within its income statement. The business is rebounding from Covid shutdowns to more or less pre-Covid levels, the share price is still lagging the business by a long way. Valuation is reasonably attractive accordingly. There looks to be substantial upside potential here. BUY....

...from WealthOracleAM