Shoe Zone Share Discussion Threads

[scepticalinvestor] 24/11/2020 11:14

Great move up

[talk2dubya] 24/11/2020 10:59

It will do with the amour of shares in free float

[purple11] 24/11/2020 10:33

"Dont sell stock when the sap is rising up the tree"

j livermore

[talk2dubya] 24/11/2020 09:02

Can we do 80p before end of week ? I say yes, yes we can

[nesquikme] 24/11/2020 08:46

Lovely shoes

[melton john] 23/11/2020 21:33

120p please.

[thecroots] 23/11/2020 16:51

Boonkoh,

Shoe have been negotiating hard with rent reductions so that should be good

[leedslad001] 23/11/2020 15:56

All retail open from 2 nd in all tiers

[marcu saurelius] 23/11/2020 15:53

Store trading since reopening in June has been broadly 20% down year on year with digital trading broadly 100% up year on year.

[tewkesbury] 23/11/2020 15:43

I would think SHOE's high street sales will pick up pretty fast once people start being vaccinated next month, as most people will need new shoes after a nine or ten month break from shopping for all but food; and their website will have picked up extra customers this year, who may continue to shop online, which could mean more higher margin revenues going forward and customer retention helping to offset some store closures where needed. Also after Brexit, we may see a reduction or removal of VAT on footwear, which could further help sales and/or margins (if SHOE don't pass all those savings on to customers).

[marcu saurelius] 23/11/2020 14:44

MM's holding offer steady at 185 or 18


that was the price not long ago. Now 59p Bargain imho

[boonkoh] 23/11/2020 14:42

Took a while but investors are twigging on that this traded at 180p+ pre covid!Obviously not getting back to that same level. High Street footfall will still be permanently down when it recovers, and it's strong balance sheet is less strong now. But no reason why 100p isn't achievable IMO.Only threat is Clarks just came out of CVA. Not closing any stores unfortunately, and they're moving to turnover based rents. So they'll have less rent cost than Shoe per store. The good news is that Shoe average lease length was less than 2 years at the start of this year, so 25% stores could be exited by end of 2020, another 25% by end of 2021, and they've already secured some rent reductions.Business rates cliff in March is the next thing to look out for IMO.

[marcu saurelius] 23/11/2020 14:00

Online sales +100%. Wow. Just wow.

[marcu saurelius] 23/11/2020 13:59

130p target for me here

[scepticalinvestor] 23/11/2020 13:59

70p today?

[purple11] 23/11/2020 11:46

just the very beginning of the move imo

[marcu saurelius] 23/11/2020 11:31

Last chance under 60

[thecroots] 23/11/2020 11:21

Good to see it starting to recover.

Extremely well run company in my opinion.

[sphere25] 23/11/2020 11:11

Significant breakout.

It's another cracking move now with the price up 16% atm. It just goes to show what happens when those key levels highlighted above get taken out.

Prone to big spikes this but no idea where it spikes to.

[nesquikme] 23/11/2020 11:08

Running to 100p

[purple11] 23/11/2020 10:12

theyre loving it at the moment.theyre lapping it up

100p once all the vacinnes roll out in spring and covid is over.