Shoe Zone Share Discussion Threads

[pjleeds] 01/9/2022 11:20

Any ideas?

[bountyhunter] 31/8/2022 14:39

My £39.99 buy was definitely a sale, a decent pair of branded hiking shoes with £5 online discount. :)
RRP £72.99! 👟👟

[pjleeds] 31/8/2022 13:45

My 10k buy shows as a sale, everybody needs shoes.

[edmundshaw] 31/8/2022 13:12

Feels like it's been a long time since the last special dividend (in 2019)! I know good stock levels and being debt free are important, but still... :))

[thecroots] 31/8/2022 12:10

The good news is that they have said not less than 10.5m with 2 full months of trading to go!!!!

[bountyhunter] 31/8/2022 11:34

No debt is a great help at a time of rising interest rates. A well run profitable business in the right place at the right time.

[niklol] 31/8/2022 10:05

Whatever it is they seem to know what they are doing. Carry on!

[bountyhunter] 31/8/2022 09:29

Perhaps they should rename themselves 'ShoeBrands' to entice Waitrose & M&S shoppers ;)

[edmundshaw] 31/8/2022 09:27

Is this the Aldi/Lidl effect? Selling decent quality shoes side-by-side with cheap stuff now, so I suspect middle class shoppers no longer worry about the shopping environment if they can get the shoes they want at a better price... if so, this boost may last longer than the current recession...

[thecroots] 31/8/2022 09:09

Great news.

[bountyhunter] 31/8/2022 07:45

I'll take that any day, and hopefully a rerate having being dragged down recently by the Felixstowe 8 day dockers strike and more expensive peers performing not so well!

[18bt] 31/8/2022 07:33

Another £1m onto forecasts - bizarre share price performance.

[bountyhunter] 31/8/2022 07:29

Yes, again and again, no worries here!

Trading Update

Shoe Zone is pleased to announce that since the publication of its trading update on 26 July 2022, trading has continued to exceed expectations due to continued strong demand for summer and back to school products throughout August. The Company also continues to benefit from the margin improvements as outlined in recent trading updates.

As a result, the Company now expects adjusted1 profit before tax for the financial year ending 2 October 2022 to be not less than GBP10.5m.

[bigbigdave] 31/8/2022 07:06

Ahead yet again :o)

[bountyhunter] 30/8/2022 11:20

Felixstowe back to normal the last couple of days, further action not out of the questions but over for now. At least shoes aren't perishable with an 8 day import delay.

[niklol] 30/8/2022 11:15

A lot of unknown trades gone through. Wondering if they are buys or sells.
Anyone know please?

[niklol] 30/8/2022 09:24

Any thoughts here please?
Other retailers up today.

[bountyhunter] 28/8/2022 18:04

I missed that - post corrected :)

[zangdook] 28/8/2022 06:36

See under 2. - it's not an acquisition, it's "An event changing the breakdown of voting rights" - ie the buyback reduced the total number of voting rights, pushing his holding over 24%.

[bountyhunter] 26/8/2022 22:37

Chairman Charles Smith increased to 24.05% from 23.87%, edit - as a result of share buybacks.

[chinahere] 26/8/2022 20:35

Yes I think that is right. He thinks it is cheap.

I'm optimistically hoping for a lower price to buy more.

[thecroots] 26/8/2022 18:53

So the RNS tonight, is that effectively a director purchase as all of his holding is in Sheepy Magma?

[bountyhunter] 25/8/2022 12:19

yes, as already discussed

[niklol] 24/8/2022 20:25

Someone on this chat forum mentioned that it could be to do with the port strike??