Shoe Zone Share Discussion Threads

[rhomboid] 23/2/2017 09:24

Yup, its usual as some odd folk try and buy in the day before and sell having banked the divi. No free lunch as M/Makers and cuter buyers fleece them on the way out...

[fenners66] 23/2/2017 09:21

Having said that its down more than the dividend.

[fenners66] 23/2/2017 09:20

Ok so obvious really thanks!

[edmundshaw] 23/2/2017 09:20

If you buy a big yielding stock and watch prices daily, you really need to keep an eye on the ex div date.

[solarno lopez] 23/2/2017 09:17

Hence the fall

[rhomboid] 23/2/2017 09:07

Ex dividend for 14.8p

[fenners66] 23/2/2017 09:05

Cant be results so a broker downgrade?

[fenners66] 23/2/2017 09:04

WTF is happening with the share price? Up on a magazine tip but crashing down again today, results out? Cant see em.

[bookwormrobert] 17/2/2017 18:26

This is a wonderful company - no debt, profitable, very well managed, very generous with dividends (2 a year, plus regular specials). Hopefully on Monday the spread between the buy and sell prices will be narrower; the market-makers did everybody a disservice by keeping it so wide today.

[warranty] 17/2/2017 17:49

Yes, I paid the ridiculous spread for mine this morning, mainly because half the shares are still owned by the founders and there is no debt. I also like the move to larger stores and internet sales through Amazon. I know Retail's a bit out of fashion at the moment but they say that's when to buy so hoping so. It's gone in my ISA for income anyway so I'm in no rush to get into positive territory.

[reallyrich] 17/2/2017 12:59

Did not realise it was 95% thought nearer 65% but thanks for the info

[joe say] 17/2/2017 12:31

Ex div soon - grab it whilst you can

[masurenguy] 17/2/2017 12:28

This is a fairly illiquid stock so the spread tends to be quite wide most of the time. There are 7 shareholders who own 95% of the shares so the free float is very limited.

[reallyrich] 17/2/2017 12:25

yes the spread is crazy

[bookwormrobert] 17/2/2017 12:02

Today's share price rise is very welcome - if long overdue. But I'm not sure how the market-makers can justify the huge split between the buy and sell prices at the moment.

[bookwormrobert] 16/2/2017 17:11

I'm glad that's somebody has finally noticed this extremely well-run and profitable company at last!

[she-ra] 16/2/2017 16:01

Risen today because of a tip by Shares Magazine.

[edmundshaw] 06/2/2017 14:43

ya'd think...

[bookwormrobert] 06/2/2017 13:59

Current yield of 10%. Stable, extremely well-run, profitable retailer on AIM. Surely this price can't last for long?

[masurenguy] 04/2/2017 11:02

Shoe Zone (AIM:SHOE)

There may be currency pressure on the cost of shoes from suppliers but this well-managed shoe retailer has delivered consistent performance over a number of years. Senior management are well-aligned as major shareholders and clearly like their dividends! Year-end net cash of £15.0m resulted in the business propose the payment of 2 dividends: a final dividend of 6.8p per share was up 4.6% on the prior year’s 6.5p, resulting in a total dividend for the year of 10.1p per share. There was also a special dividend of 8.0p per share up 33% on the prior years’ 6.0p. This brought total dividend for the year to 18.1p, an increase of 15.3% over the previous year and a yield of nearly 10% at the current share price (183p).

[linton5] 03/2/2017 22:53

No probs mate I'm still in crst and gonna take the chance with my dlg,sorry to say I sold my shoe yday I'm sure it will come good. I put proceeds into bp. Good luck with your trading or investing

[bookwormrobert] 03/2/2017 15:20

Hi Linton5! Many thanks for a really good tip about CRST. You might like to google "Ogden Rate change" and think about what effect it will have on DLG. It might be time to sell that one.
As for SHOE, it's just such a good income share. I think the reason it is so cheap right now might be due to a lot of the private investor websites underreporting the dividend yield (e.g. by excluding the special dividend).

[topvest] 27/1/2017 18:44

318 different ones left!

[edmundshaw] 27/1/2017 18:22

I see you've sold out on 8 shares today topvest, so I shan't take it personally. So what you got left? If I sold out of that many shares I'd not have a lot left... :-)

[topvest] 27/1/2017 18:01

I'm out for a very small profit and a few dividends thrown in for extra. Its a good company, but a marginal one. Had a purge on selling marginal shares today and this was one of my non-core holdings.