Shoe Zone Share Discussion Threads

[boonkoh] 11/2/2021 14:16

Bargepole for me, based on how management treat shareholders.Releasing a trading update at 11am instead of usual 7am.Hiding a profit warning with a "results date" title.Cherry picking numbers to show. "net cash" - > they have the numbers just tell investors.Previously using RNS to not say anything useful to investors but to launch a diatribe on business rates at the govt.

[netcurtains] 11/2/2021 13:50

Re: statement from company.
On balance, its good news: Eg there is no further (unknown) covid problems.

From the statement re profit/loss calculations: and therefore is not a result of any change in trading guidance.

eg: everything is as it was (with possible added bonus that any new loss calculation gives the company a strong case to get leases and rents reduced - which is a significant bonus). One thing is for sure - rents will not be rising - lol.

So once vaccine out and shops open this really can only go one way - up.

First target has to be £1 (last seen in early summer of 2020 when shops last open)

[netcurtains] 11/2/2021 12:14

bookbroker: Is a cup better than a bowl? (I dont do technical analysis)

[bookbroker] 11/2/2021 12:10

And most of those bowls look like cups!

[bookbroker] 11/2/2021 12:09

I’m afraid only the last bowl applies, otherwise we’d be going back half a century on some stocks.

[netcurtains] 11/2/2021 12:07

Silverstone2: ??

rest: The results look good! No hidden surprises. All Covid related and new accounting re: leaseholds.

So still stands:

This share has three bowls.

The mini bowl to £1 - last seen in June when shops open
then the bigger bowl to £1.5 - last seen before March when pandemic began
Then the super bowl to £2 - when business seen to be doing well.

I'm making assumption that £1.5 is a doable bowl within relatively good time frame.
£1 though is also a very temping price.
But so is £2....

So many targets - difficult to know which one to pick,

[thecroots] 11/2/2021 12:05

Great news that they have enough liquidity.

[silverstone2] 11/2/2021 11:58

NETCURTAINS - Further to your post, you need to get in the bowl and put a lid on it

[devonlad] 11/2/2021 11:39

www.retailtimes.co.uk/shoe-zone-records-253-increase-yoy-for-online-welly-sales-as-uk-takes-to-outdoors-in-lockdown/

[clocktower] 11/2/2021 11:13

Bearing everything in mind, todays RNS is pretty good.Just need to wait a little and add on any drops imo.

[netcurtains] 11/2/2021 10:28

This share has three bowls.

The mini bowl to £1 - last seen in June when shops open
then the bigger bowl to £1.5 - last seen before March when pandemic began
Then the super bowl to £2 - when business seen to be doing well.

I'm making assumption that £1.5 is a doable bowl within relatively good time frame.
£1 though is also a very temping price.
But so is £2....

So many targets - difficult to know which one to pick,

[netcurtains] 11/2/2021 09:40

so how many school children will be going back to school in March?
How many school shoes does that equate to?

[netcurtains] 11/2/2021 09:34

pe under 5.... LOL...
average share price over 5 years: £1.50
recovery stock?
Depends if people need shoes post brexit and post covid.

Let me think - shoes....
Do I need shoes.....

[netcurtains] 11/2/2021 09:27

Joe Say: Yes - definitely - its a good time to buy on down days. No question.

Target remains £1.50
Two bagger from here.

Eg 200% rise - cant grumble with that.
Not sure of time frame but I guess reasonable time frame.

I'm fully loaded!

[joe say] 11/2/2021 08:14

Come on Boro - now's a good time to buy

[glavey] 11/2/2021 03:55

"Their shoes are crazy cheap. Is the quality ok?"

In this world you get what you pay for, or less.


Just £10k Middlesbro? ;-)

[middlesboroughfc] 11/2/2021 03:26

Guernsey

Three-staged exit from lockdown no earlier than 18 February


Great!!

[netcurtains] 10/2/2021 16:28

Whoops apocalypse - wasn't expecting that!

[clocktower] 10/2/2021 15:50

- not long to wait but they say the only shop open is in Guernsey - but I think it is Jersey that has allowed non-essential shops to open.

[markth126] 10/2/2021 15:35

Gone into here for the first time today with 20k shares - hopefully once lockdown lifts we should get a quick rise back above £1.

[netcurtains] 10/2/2021 14:35

Tell Sid: I agree - I suspect (but do no know) it will be sometime in March - and that might well include restaurants (people dress up - new shoes etc - when go out again).

[cleverinvester] 10/2/2021 14:10

Looks like plenty of upside here if they sort out the rates.