Shoe Zone Share Discussion Threads

[homeboy] 17/11/2021 15:22

hammerin down today, probably due to people keeling over after inhaling the fumes from cheap plastic shoes

when are they doing a deeply discounted rescue rights issue, lol

[bountyhunter] 17/11/2021 12:35

I see what you mean now, yes max £2m.

[eezymunny] 17/11/2021 12:10

SHOE looks to be right back on form, business wise. The share price may continue up towards previous 200p range if a thumping great divi is announced with a positive outlook with the finals (in Jan?). Time will tell...

[eezymunny] 17/11/2021 12:04

Indeed bountyhunter but thecroots was suggesting that biz rates relief may have flattered numbers by 9-10m. That is plainly not the case, as the cap is £2m.

[bountyhunter] 17/11/2021 10:15

True but nothing new there with those details announced in the budget a while ago.

[eezymunny] 17/11/2021 08:43

the roots"The extended relief comes with a cash cap of £2m for businesses that were required to close as at 5 January 2021, and up to £105,000 for business permitted to open at that date. This could potentially limit the relief available to certain businesses, particularly larger chains, as the cap applies to businesses as a whole rather than individual properties."

[bountyhunter] 16/11/2021 21:11

The UK stock market is said to be good value at the moment compared to peers and container prices have come back down at least to an extent. I'm expecting more normal trading over the next few months to keep the recovery on track. Other retailers reporting recently such as M&S and Halfords to name just two have surprised to the upside.

[thecroots] 16/11/2021 19:54

I don't disagree, but there are too many headwinds at the minute for me to add back. Container prices, business rates return and lack of reform, supply shortages and the fact that the stockmarkets are at near record highs...

[bountyhunter] 16/11/2021 19:44

But other than business rates the main difference going forwards between those 12 months and the current 12 months is that there were several months of lockdown in the prior time period and none likely during this 12 months. Also there was lower footfall compared to now during months in between the lockdowns due to the higher caution of a population with less people vaccinated/fully vaccinated. It's hard to believe we are still in a pandemic going into many town centres and shopping centres now!

[thecroots] 16/11/2021 19:32

I've sold a large chunk of my holding until we can get a forecast. I can't help thinking that all of the £9-£10m is simply because they had no Business rates to pay for 12 months. Be interesting to see what the predictions would have been. At average of £20k per property thats £8.4m. Still a recovery play but i can't see me adding until we get guidance, whenever that may be.

[purpleinvestor] 16/11/2021 16:41

Added another 30% of shares to my existing Shoe hold when the price dipped to 103p this morning and this afternoon it went back up.
Can't believe I managed to buy in the dip.
This will be nudging £2 this time next year.

[glavey] 16/11/2021 06:47

"I see where you get your name [homeboy], that's what they say when they catch you licking the shelves."

Really? You might have thought they would say "shoo!".

[bountyhunter] 15/11/2021 21:46

a strange fetish, lol

[homeboy] 15/11/2021 14:08

smelly plastic winter boots, choking on the fumes from them, lol

[ny boy] 15/11/2021 14:06

Climbing Everest, winter boots on now! 👍🏼👏🏻8640;

[simmsc] 15/11/2021 10:56

Now's the time to ride this wave for a bit longer

[zangdook] 12/11/2021 08:43

I see where you get your name, that's what they say when they catch you licking the shelves.

[homeboy] 12/11/2021 08:19

i'll try and pop into a shoezone store today, obviously i'll take my gas mask, i don't want to die from the fumes from their hideous plastic foot apparel

they stock incredibly ugly shoes too, i'll report back on whether the stores are any smellier and emptier from the last time i peeked in and whether the shoes are even nastier

wish me luck on my ventures, lol

[mongrels3] 12/11/2021 07:17

Good results from The Works this morning. Another decent read across to ShoeZone one would think.

[bountyhunter] 10/11/2021 16:17

Exactly, they already sell many of those at a discount, why go elsewhere. Ready for the next leg up following recent consolidation after MKS & Halfords euphoria today! 👞👟👠🕺8131;🛫Ԇ40;

[chinahere] 10/11/2021 15:38

I have a feeling that Shoezone have realised that there is good money in more expensive 'Big Box' brands (which may contain non-plastic materials!).

[andyj] 10/11/2021 10:53

29.85% is owned by one man. At 30% he is required to make a bid. At a PE of 7, this looks interesting.

[bountyhunter] 10/11/2021 08:21

Strong half year results just announced by M&S, bodes well for SHOE.

[homeboy] 09/11/2021 16:57

you need a mask in those shops, no wonder they keep the doors open, who the hell wears plastic shoes anyway

looks like it's getting dumped