Shoe Zone Share Discussion Threads

[netcurtains] 12/3/2021 16:24

I would have thought it would nudge up at close.
Lots of buyers moving in at this price.

I guess we have to mop up the stock....
I bought a few.
Perhaps I'll buy a few more
Will see...

Have a good week-end.

[finkie] 12/3/2021 15:52

No buys showing as sells I have bought quite a few today all show as sells

[clocktower] 12/3/2021 15:37

More like a BIG sell that will show up late, or someone has taken a BIG short netcurtains. L2 looking much weaker now.

[netcurtains] 12/3/2021 15:08

Looks like buys are beginning to creep in.
Lets see how it goes....

[netcurtains] 12/3/2021 13:28

wait a bit longer. Wait until they've run out...

[castlelse] 12/3/2021 13:06

Looks like that GOON guy has had a short backfire. I regularly see his posts on LSE as i am a SAGA shareholder. That GOON guy sold up at £3. He also posts daily vaccine updates telling us how the economy will recover.
I will warn the others on LSE about this guy as he is not to be trusted.

[eater24] 12/3/2021 13:05

OBVIOUSLY Clocktower's short isn't working out

[finkie] 12/3/2021 12:59

what price has everyone got in at here recently?

[netcurtains] 12/3/2021 12:57

I'm aiming to buy some more at about 4:10pm....

Wait until all the dooomsters have done their best.

Then upwards and onwards to shops open (only 27 days on Monday - bound to be a good retailers day)

[clocktower] 12/3/2021 12:55

By the end of the day this could be on the list of the biggest fallers of the day and Gooner's short maybe looking good.

Cold Feet anyone?

[eater24] 12/3/2021 12:47

OBVIOUSLY Gooner's short is going the wrong way

[fjgooner] 12/3/2021 12:15

Checking out some comments from long term posters on the LSE BB. It's grim reading.

Fevertreeman says:

Tend to agree with you - the FD's exit was the sign for me this was in trouble, and I suspect he told the family what they didn't want to hear. Am glad I got out when I did.

draft says:

the loss is huge compared to their size of company
the pension deficit large
shops still to open
nodivided till 2025
theyve said it themselves, its not going to be easy

TigerByTheTail says:

I've looked at this and I've decided that it's not for me. They were an excellent profitable dividend-paying company, but Covid has done too much damage. Really, they need to raise fresh equity to pay off some debt and to start over. But, no, they are going to struggle on, closing stores and avoiding all but the most crucial Capex, in the hope that in a few years' time they'll be able to pay dividends again. I'm not buying it. Zombiedom here we come.

They are turning into a corporate zombie.

NicName says:

Given the comments of the Company it seems this business will be troubled for a while. A small drop-off in revenue seems to result in a fair amount of loss. The situation for 2021 isn't going to be much better than 2020 as shops may have only traded for 3/4 of the year and on-line sales are small. This was a dividend payer, but the company thinks they won't return to that until 2025. Probably best to wait and see what they report at the interims.

[fjgooner] 12/3/2021 11:48

Cleverinvester says "Did someone say 50" - think its right.

[netcurtains] 12/3/2021 10:28

Cleverinveste: I did - thats for garden centres and hairdressers.
For shoe shops its 12 April...

Not long now...

30 days.

[cleverinvester] 12/3/2021 10:12

Net curtains : Have a look at thishttps://news.sky.com/story/covid-19-stay-at-home-order-will-be-lifted-in-wales-this-weekend-hairdressers-can-reopen-from-monday-12243290

[netcurtains] 12/3/2021 09:59

cleverinvester: Not sure that includes shoe shops. Most non-essential shops in Wales will open 12th April (Same as England).

In 30 days time (eg within a month now)....

[antonagis] 12/3/2021 09:54

Hilarious drivel from GLAVEY this morning. Absolutely hilarious.

[cleverinvester] 12/3/2021 09:51

22nd of March non essential retail returns in Wales

[glavey] 12/3/2021 08:48

I suggest you don't know that. It's well with the value of a p/i trade. It could have been me (it wasn't), but it could have been. I suggest that you don't even know it wasn't just two prints representing both sides of the one trade. That they are identical suggests it is likely.

The odds that MILLIONS of people will still want cheap shoes is as good as the millions who want cheap clothes that use massive amounts of resources and sweat shop labour to produce and have equally wasteful disposal needs a very brief while later.

Container traffic is a two way trade. It moves around equilibrium. What's gained on the swings is lost on the roundabouts.

Shoe MAY return to (gross) profit later in 2022, or something else may happen. Regardless there is debt and pension costs, amongst other things, to consider.

Buy for the future - sell the present?

[netcurtains] 12/3/2021 07:53

The guy(s) who bought two lots of 50,000 shares yesterday did not do so for any chat site chatter.

Rational people have looked at the current price.
Looked at the potential for recovery.

And looked at the RELATIVE potential of SHOE compared to other retailers.
And felt the odds were good...

You win in shares buy picking good relative odds.

The odds that MILLIONS of people will still want cheap shoes is GOOD.
The odds that containers prices will (are) fall is GOOD.
The odds that ShoeZone will return to profit in 2022 is GOOD.

Buy for the Future not the present.

[albanyvillas] 12/3/2021 06:54

Massive queue forming already ahead of stores reopening

[glavey] 12/3/2021 03:22

An illustration of the style.

[antonagis] 12/3/2021 02:22

Like most actual investors I make both positive and negative remarks. Not sure why GLAVEY is floating about the share chats since it's only 100% negative comments posted for many years it seems. His time would be put to better use gaining some meaningful employment. It's pretty clear from the 100% of negative comments that he is a very bitter individual. I'm guessing poor investments have left him in a jealous rage judging by the mostly baseless comments? It does keep me entertained on occasion.

[glavey] 12/3/2021 02:11

No, just common sense critique. You?