Shoe Zone Share Discussion Threads

[premium beeks] 21/3/2024 11:56

Current sell price is over 2.20 so don't worry about the quoted spread.

[bountyhunter] 21/3/2024 11:52

But the trades are going through at less than that, under 5% between buy/sell right now.

[jsg123] 20/3/2024 16:20

Why is the spread 10%?

[jsg123] 20/3/2024 15:05

5cumbag shorts / funds trying to drop the price with 1 and 4 share sells at 2.10.

[premium beeks] 19/3/2024 14:15

Heading back after the bounce off 2 quid.

[bountyhunter] 19/3/2024 13:25

Did a container vessel of shoes sink or something!? Bizarre!

I think we need one of those "We know of no reason..." RNSs.

[premium beeks] 19/3/2024 09:57

I mean, I bought some which could be the contra indicator you are looking for!!!

[jsg123] 19/3/2024 09:55

No but it's relentless, thought it was a good buy at 230.

[hsduk101] 19/3/2024 09:52

Anyone have an idea of what the current sell off over the last 2 days has been about?

[premium beeks] 18/3/2024 13:32

I've purchased today. A near 25% drop in a week on a very minor reduction in forecast seems very much overdone, probably due to the recent buyers on tips selling indiscriminately.Very much a profitable, growing area so will be much further north in the coming weeks.

[bountyhunter] 14/3/2024 15:43

Maybe not but the wider market seems dire at the moment.

[bountyhunter] 13/3/2024 08:38

Out of recession! That probably helps with a rebound from the overreaction yesterday.

[niklol] 12/3/2024 18:48

Yes I believe so

[niklol] 12/3/2024 18:47

Yes I believe so

[shanksaj] 12/3/2024 18:09

Ex div on Thursday. Will that be for the 6p special as well?

[slogsweep] 12/3/2024 16:26

wouldn't have thought the cost of taking ships round the Cape would be much for half a dozen containers but if the 2 week delay causes them to miss sales through lack of stock that could be the issue. Too late to sell now the damage is done just a bit annoyed the made the announcement at 10:00 after I had taken car to garage for a service at 9:00, had the announcement been at 7:00 I would have been able to save some profits. Still a good day elsewhere, so not a bad day overall. You win some you lose some that's investing.

[bountyhunter] 12/3/2024 13:54

That's what I was thinking when they mentioned the Suez canal, that may be behind it as the only unexpected factor so if there's a ceasefire in Gaza and the risk of the Suez route recedes sentiment should improve.

[ny boy] 12/3/2024 13:22

Keep an eye on geo politics in The Middle East, once shipping has a safe passage again, then should be good to buy imo Watching brief for now

[disc0dave46] 12/3/2024 12:49

Are Shein and Temu eating their lunch now and it's starting to bite?.

[fegger] 12/3/2024 12:01

Shoe Zone dont seem to have such predictable patterns trading across any year now - seems to have had very variable periods over the last 2 years. If you remember they issued a statement last year that seemed negative. Only to come back a month or two later to say excellent trading and now towards upper end of expectations.

Part of the territory now with lots of international variable effects on retail?

But they should have budgetted for the National Living Wage properly.

[edmundshaw] 12/3/2024 10:40

Good company, but Suez and the Living Wage costs are a surprising reason for "below expectations" given they are not new.