Shoe Zone Share Discussion Threads

[owenski] 17/3/2020 07:15

As I expected.

"In recent days we have seen a reduction in footfall, across our estate, and whilst the full extent of the Coronavirus on the short and medium term retail environment is not yet clear, it is becoming ever more apparent that it will create significant disruption to people's lives and shopping habits in the coming months."

[owenski] 16/3/2020 13:23

As said in post 590

[owenski] 12/3/2020 10:18

"People will always need shoes"...... and toilet paper, lol ;-)

Good luck Melton

[melton john] 12/3/2020 10:15

I bought a small holding for the divi. People will always need shoes. Their on-line service was very good when I tried it (I bought some slippers) but with shoes, fit is very important so I don't see shops all closing.

[owenski] 12/3/2020 09:52

Retail side of this virus still to bite in UK, China supply side not really the issue at present, China might be making loads of stuff again for industry but if they aint selling it due to population movement restrictions, imposed or otherwise, then there's a bottleneck coming.

[thorpematt] 10/3/2020 22:21

Today's stats from China a staggering. No new cases outside the city of Wuhan for 4 days.

I keep saying it, China is the safest place to be right now because they are the only country in the world proven to be able to deal with this. As such, listed companies relying on Chinese imports may be best off!

Apparently China now sending aid to Italy. Thus showing huge capacity to produce healthcare out of a hat as well as demonstrating they no longer need it (so much).

I am more fearful here of a drop in demand. Falling footfall (as it were).

Obviously a bargain right now but perhaps not the bottom for markets or indeed on the chart here as yet.

[meijiman] 10/3/2020 14:45

Let's hope there is no coro left on the shoes when they are shipped over...think it only has a shelf life of 5 days which is less than shipping time. Don't suppose they are air freighted!

[grabster] 10/3/2020 14:39

As far as the Covid-19 scare is concerned, the fact that China appears to have recommenced production makes that less of a factor. The bigger factor now is surely the infection related lack of customer footfall in its shops during Feb/Mar and possibly April. The problem has shifted from the production end towards the retail end.

[davroc] 04/3/2020 21:47

Not an ex divi drop. A corona drop.

[otemple3] 27/2/2020 10:15

With both China and Italy so key to their supplies I was amazed it held up as well as it did the last few days. I could only think it was due to people waiting for the dividend - so I bailed Tuesday and will look to buy back once things calm down / are quantified or at least acknowledged by the bod

[otemple3] 27/2/2020 10:12

Yes. Below is from annual report risk report: "The vast majority of the Group's retail products are manufactured overseas by suppliers located in China and to a lesser extent India, Turkey, Italy and Portugal. As a result, the Group is also subject to the risks associated with international trade"

[meijiman] 27/2/2020 09:59

Do they get shoes from china...maybe that is a concern?

[otemple3] 27/2/2020 09:23

Think everyone held off selling this week until the dividend - just playing catch up imo

[thecroots] 27/2/2020 09:21

Blimey. That ex divvie drop is a bit overdone.!!

[thorpematt] 17/2/2020 21:59

BBC have picked that one up :-

[dplewis1] 15/2/2020 18:16

It's spam - all by the same bloke with about 50 aliases on here. Just report / ignore.

[edmundshaw] 15/2/2020 18:02

That is a Times article. Best read the Times for that...

[briangeeee] 10/2/2020 17:22

Shoe zone normally have staff in China looking after sourcing and I imagine QC. As an employer, are they ensuring that they stay in place? It would also be interesting to know how many of Shoe Zone's supply factories are back to work after the extended NY holiday. I believe key industries went back to work today, but that doesn't include exporters of commodity goods. I also wonder how much stock is held to buffer the supply chain.

[mctmct] 10/2/2020 14:12

Coronavirus: concerns about supplies spooking investors? Should they be?

[someuwin] 17/1/2020 12:26

Buy before 27 Feb to get the next dividend of 8p which is about 4.7%.

Full year divi this year was 11.5p or 6.8%

[thorpematt] 17/1/2020 11:06

SHOE results looking all the more impressive against the wider retail backdrop as described here:-

[edmundshaw] 16/1/2020 18:53

Director change is not news (for most of us).So it should not logically imact the share price... but then Mr. Market is not terribl logical...