Shoe Zone Share Discussion Threads

[netcurtains] 10/3/2021 22:08

Have we decided yet if its going up or down tomorrrow?

[antonagis] 10/3/2021 21:50

Glavey back with his outstanding posts. What a messer.

[glavey] 10/3/2021 21:40

Buzzzz.... Repetition of "literally"

[thecroots] 10/3/2021 20:27

Clever,

Agreed.

All retailer on a knife edge but Shoe is different. Runs a tight ship and literally everything is in- house. Their distribution is done in house, shop design etc etc.

No debt in 15 years so must be doing something right. Survival of the fittest on the high St at the minute.

Excited by how much online sales they are doing and also the big box store performance. Literally half their profits come from just the online and big box stores (52 Big Box stores and 1 distribution centre make the same profit as the other 380 stores combined)

The sooner they restart the big box stores the better as these sell higher value shoes . Spending habits are changing and SHOE is adapting.

[cleverinvester] 10/3/2021 20:18

Thecroots: We are out the other end now. Only weeks from re-opening. Look at CARD and all the debt they have.People just do the opposite to what Goon says and you will make money.He announced he sold SAGA at 3 quid with the intention of buying back cheaper.It backfired on him big time....

[cleverinvester] 10/3/2021 20:11

Thecroots:Your right I will filter them. What a day and the green eyed monsters come out.

[cleverinvester] 10/3/2021 20:10

Looser goon sold SAGA for 3 quid and missed Shoe and CNA ah ha ha

[antonagis] 10/3/2021 19:48

Without getting involved in others squabbles, my personal opinion is that given that there are so many people in the UK on low incomes there will be massive demand for these types of brands particularly in the first few months. There are over 4.5 million in deep poverty and over 11 million on very low incomes. Those figures are pre-covid so there's no doubt these numbers have now increased. Just using logic and nothing more IMO these amongst others will be flocking to such establishments for clothing and shoes.

[fjgooner] 10/3/2021 19:20

When people have spare money to burn after being in a long lockdown, do they want to buy cheapo tat? Doubt it.

[cleverinvester] 10/3/2021 19:12

Shoezone is like Primark. Does well anyway, but thrives during a recession. First time in 15 years they have some debt. And we are almost out the other side. Its a once in a lifetime chance to buy the current price.

[fjgooner] 10/3/2021 19:12

Dead cat bounce on Shoe. You'll be loosing money in the next few days. Aha ha ha.

[antonagis] 10/3/2021 18:06

A round of applause for that sensible comment. This is currently under the radar of so many. A sleeping giant in terms of investor value IMO.

[chinahere] 10/3/2021 17:52

This company has a proven track record of making money.

They have protected their balance sheet and I don't see why they would have to raise anything from here.

Actually, they now have more opportunities than ever with cheaper rents and rates!

[antonagis] 10/3/2021 17:37

NETCURTAINS - As stated previously you only need to click on GLAVEY username to work things out. I've never come across another person who has never once posted a positive message. Quite unbelievable. Re SHOE ZONE, like any stock nothing is ever 100% guaranteed but I just can't see how this won't fly. The pent up demand will be there at least for a few months by which time we should all be in healthy profit. I've no doubt a recession is going to follow at some point but we can worry about that in a few months. Personally I'd ignore the negative comments right now. Again this is just my opinion on things. No refunds if I'm wrong!

[cleverinvester] 10/3/2021 17:37

Net curtains I think it's more evy. ANTONAGIS put the recommendation on the SAGA bb. And I few jumped in Goon missed out again.

[netcurtains] 10/3/2021 17:27

Anyway..
Sorry if this is not the case.
but to me the derampers sound just a bit desperate.

Sorry if that is not true.

[antonagis] 10/3/2021 17:19

I can't see how shops won't be opening in April this year. This would be catastrophic to the already much weakened economy. I'd say less than 1% chance of delayed opening beyond April IMO. Pretty sure most would agree.

[antonagis] 10/3/2021 17:16

GLAVEY = 100% NEGATIVE POSTS

[glavey] 10/3/2021 17:10

I might similarly argue that the "financial period ending on 2 October 2022" may not be reported for 4-5 months after that, so the truth won't actually be clearly known for 23-24 months. But the real point is that things won't be back to normal anytime soon (if ever) hence why they said "we remain unable to forecast accurately due to current uncertainties" and "the business will not be in a position to make dividend payments" [before 2025, anticipated].


(O/T: Clever, I seem to recall you were very negative on Saga. Did you invest there?)

[cleverinvester] 10/3/2021 17:07

So apparently people are back on going on holidays but no shops open.What a clown.You missed out here and you sold. SAGA and £3 ah ha ha ha

[cleverinvester] 10/3/2021 17:05

Here is the Goons stupid vaccine updates :FJGoonerPosted in: SAGAPosts: 237Price: 406.00No OpinionRE: UK and global vaccination update08 Mar 2021 22:08The latest UK and global vaccination update for those interested.Total people in the UK that were newly vaccinated: 164,143Total people in the UK that had newly received their second jab: 20,241Total people in the UK vaccinated to date: 22,377,255Total people in the UK that had received their second jab: 1,142,643More than 312 million doses in 116 countries have been administered, according to data collected by Bloomberg. The latest rate was roughly 8.08 million doses a day, on average.United Kingdom Covid-19 Patients admitted to hospital (daily, total)04-03-2021 688 446,79503-03-2021 707 446,10702-03-2021 826 445,40001-03-2021 816 444,57428-02-2021 769 443,75827-02-2021 743 442,98926-02-2021 867 442,24625-02-2021 972 441,379

[cleverinvester] 10/3/2021 17:04

Posted by FJGOON on LSEDampus squibus03 Mar 2021 13:39Well that budget didn't include any targeted help whatsoever for the travel sector - the very sector that the government has put into hibernation. Very disappointing.So I'd guess that the sector will now look forward to April 12th when the travel task force reports back to the government with their recommendations on whether travel will be permitted to restart as indicated as earliest from May 17th and with what constraints.