Shoe Zone Share Discussion Threads

[ny boy] 09/6/2021 11:06

Just stay patient, ignore the short term noise, they are just confused. The direction of travel is up, 100p gap to be filled soon imo

Staying long SIXH,SNR,STAF,SNG etc

[nw99] 09/6/2021 09:38

Looks good

[bountyhunter] 09/6/2021 09:10

or feet :0)

[cottlet] 08/6/2021 14:05

This could have legs!!!!!

[morph7] 08/6/2021 11:48

Ken Chung-it sounds like your short isn't working out for you as planned?? I noticed you posted the same information on the card factory group as well.Anyway, with recent results about SHOE's digital performance exceeding expectations, I wouldn't worry too much about the prospects of SHOE in the near to mid term and their shareholders. I'am much more inclined to side with the recent director purchases, than to worry about the potential of a further lockdown as was so kindly pointed out by yourself. Whilst any lockdown is obviously best avoided, SHOE is in a much better position than most to ride any such situation. DYOR of course, but I continue to be a happy holder, lockdown or otherwise.Morph7

[bountyhunter] 08/6/2021 08:15

spreading fast across the uk?

that's a bit misleading, there have been only 23 cases to date

and health officials state "not a full-blown variant"

and no reason to believe vaccine resistant, the vaccines have virtually eliminated hospitalisations / deaths from all variants to date

[ken chung] 08/6/2021 07:42

Indian varient and now an even worse Nepal variant spreading fast across the UK.Disaster for indoor retail, unless you want to catch or spread Covid.Third lockdown coming.www.mirror.co.uk/news/uk-news/nepal-variant

[chinahere] 04/6/2021 19:39

I bought 13.5k shares today and all were listed as sales.

[bountyhunter] 04/6/2021 18:02

I agree, expect more derampers to emerge out of the woodwork with brand new accounts in an attempt to keep a lid on the price!

[thecroots] 04/6/2021 17:52

Yeah bounty. There will be a few appear now with the broker news. Google short and distort posters. Unofficially paid to deramp. They do exist!!

[bountyhunter] 03/6/2021 21:40

I wouldn't worry about that it's old news dated May 21st based on the interims of May 18th after which the CEO topped up his holding to 29.85% buying 900,720 shares @80p!



mdanese Member since: 03 Jun 2021 1 post!

[mdanese] 03/6/2021 21:13

Shoe Zone remains in rental term talks with landlords after missed payments, in discussion with suppliers on delivery disruption amid falling revenue: hxxps://reorg.com/new-coverage-shoe-zone-remains-in-rental-term-talks-with-landlords-after-missed-payments-in-discussion-with-suppliers-on-delivery-disruption-amid-falling-revenue/

[ny boy] 02/6/2021 11:06

Arab Tks staying on the Greek Islands until Boris the Lord of Entrapment says Greek Islands Green list..good to go!

SNG 123p from memory, SIXH 11.3p

SHOE ready to break above 80p this quarter, stay patient folks imo

[bountyhunter] 01/6/2021 19:12

Well spotted, although peanuts compared to the volume changing hands on 20/5...



Zeus may need to get their skates on if they are to earn a decent fee. Imho

[thecroots] 01/6/2021 18:56

Nice 32k buy after the bell also...

[bountyhunter] 01/6/2021 18:49

Cheers TC.
Online has been doing very well, a shoe in to the world of ASOS and Boohoo!? with SHOE online purchasers having the advantage of being able to take any returns to a physical shop. Plenty of potential.

[thecroots] 01/6/2021 18:45

Good post Bounty.

It certainly looks like an MBO is on the cards. To be fair, I can't blame them. Buying the company on the cheap and not being accountable to shareholders or the market.

Had these tucked away for 150P but now lowered to 130p as i think an MBO will happen soonish in my opinion.

In any event, such large recent director purchases can only be a good thing.

Unless of course they want a placing to rapidly expand the hybrid programme as they know how lucrative it is selling significantly higher value shoes. I'm happy with that also as clearly this would indicate that the hybrid and big box stores are the cream. They already said big box, hybrid and Online is pretty much half of their profit.

[bountyhunter] 01/6/2021 18:39

12 June 2020:

Zeus Capital advises on £22.6m Moss Bros take private

"This deal is the fifth that Zeus Capital has completed since the UK lockdown commenced, and also represents the fourth completed takeover code transaction that Zeus Capital has advised on in the last 12 months."



At a 61% premium!



A pure coincidence that Zeus have been appointed by SHOE as RNS'd today? I don't think so. Imho.

[bountyhunter] 01/6/2021 17:12

Had a quick look for an example of an MBO of an AIM company and found SWP Group.

The MBO of SWP Group was made at a 50% premium to acquire privately held shares not already in management hands.



The management team of SWP Group only held 30.2 percent of the Issued SWP Shares prior to the MBO offer. It's 53.72% in the case of SHOE!

Remember that the CEO of SHOE recently topped up his holding to within a smidgen of a 30% holding paying 80p/share...

[bountyhunter] 01/6/2021 17:00

Probably does as 29.85% is suspiciously close to 30%

[zangdook] 01/6/2021 16:20

I believe the 30% rule applies. I'm not sure why the two Smiths are considered separate though, and not a concert party.

[bountyhunter] 01/6/2021 11:46

Presumably Anthony Smith can't go over 30% without making a bid or is that only for non AIM companies?

[thecroots] 01/6/2021 11:30

With the recent director purchases and today's news it looks very much like a MBO. In my opinion, we should see a few more director buys

[bountyhunter] 01/6/2021 11:00

53.72% now held between CEO and Chairman, including Anthony Smith's interest in the Company which he has increased to 14,926,557 Ordinary Shares, representing 29.85 per cent.

[bountyhunter] 01/6/2021 07:15

On Zeus Capital from their website:

Our expertise enables us to guide companies through the often complex process of making acquisitions, selling a business, management buy-outs/ins, private fundraisings and IPOs.