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No Rox, I am not in Card, I had some money for a quick play and was doing some research between Card F and Cineworld as quick play turnarounds to reach 90p-£1 as I believe the £3 a share days for both companies are now long gone ... I went with Cineworld in the end and have a sell order when it reaches the 90-95p band... I know you're heavy in Card F and have my fingers crossed it all works out for you.... With regards to Shoe Zone, i have a friend who has a friend at their HQ in Leicester and I invested early when they were in Lockdown as online sales were booming.. I think one month they asked people buying online if they wanted to donate a few pennies to a cause and not many people do but in that April month, they raised £20k for the charity by the odd person from 10 rounding up their bill to the nearest pound. That alone shows the strength of the online sales. Plus it has been debt free for 15 years and only took out a loan of £12M due to covid and on cheap rate and not payable for 4 years .. so it all looks good ... not that I am ramping but as you know on the Wrks site I have been mentioning for ages I was really heavy on Shoe Zone and I know you're the same on card and hopefully we will both be dancing along the High Street as the tills ring when normality returns in the next 12 months.
Rox. It’s certainly volatile. I was up 20% at the end of April, then 20% down. Now only 7% down. I still think this this can go £1 plus, so holding.
Yeah I thought of you when I wrote that and knew you would fine.
Whilst researching Shoe Zone I could not believe how good the reviews were and that caused me a dilemma.
They are knocking it out of the park with their online sales for sure. Every 20 minutes there is another happy customer (unlike WRKS) but then whilst checking out the local CARD factory shop I would pass the Shoe Zone shop and apart from that shoplifter I told you about it was always empty? Anyhow good luck with it mate. Are you in CARD aswell?
Nick-Bris almost daily the buys outnumber the sells by £100,000+ Look at today’s £280,000 buys vs £140,000 sell. Something had to give.
Saying that it will most probably drop by 7% tomorrow! but none of that matters because this time next year this will be double what it is now. IMO.
No worries in your statement Rox, I however do remember when Wrks was in the same place, going up and then a sharp decline and its now moving up again. At the time I decided to shift most of my funds from Wrks to Shoe Zone and I informed everyone ... It's nothing to do with the business but just general social conditions with the pandemic, variants and reluctance to go to work and people spend money in their lunchtimes the reason why both Wrks and Shoe pulled back.., But a good source has told me that S Zone are doing great online business and also they just added some more brands to cater for the stay at home vacations thus summer... https://www.retailtimes.co.uk/shoe-zone-boosts-branded-offering-with-the-introduction-of-trespass/
Hi PurpleInvestor, don’t shoot the messenger!
As you know decided to try and build up a position in Shoe Zone after the owners bought £1million each at 80p but the price wouldn’t budge. Whilst waiting I stalked the local Shoe Zone out but for the life of me I could never find anybody in there? I decided to sell (77p) just before the drop thank goodness. I do wish you well of course you know that.
Anyone know why the SP increased by 7% today?
Errr Shoe Zone went up nearly 11% today. Shoe Zone will be fine.
Hi onesharewonder being so heavily invested I have became a bit of a shopping centre stalker and can’t help but notice that the shops you mentioned never have anybody in them? The worst by far is Shoe Zone.
In contrast the Card Factory always has a queue at the till. The latest craze seems to be helium balloons. Some of these are £15 each so the mark up must be huge.
Sorry I should clarify, the car parks were full and large shops were busy M and S, Superdry, SportsDirect, and the chain restaurants are always busy there, but smaller units such as Barbour, Joules, Holland and Barrett, Regatta, Mountain Warehouse were very quiet, to be fair their model is probably internet driven, and this was Wednesday lunch time so in no way representative, just a snapshot that I found to be interesting as Card looked busyish in comparison to the other smaller units.
Well in complete contrast me and the Missus went to the Metro Centre (Gateshead) on Saturday night and had to queue to get into Zizzis because it was so busy. Went for a walk round the centre (as you do) ad as really really busy. Not sure were Rushden Lakes is but here in the North East everybody is getting back out and starting to live again.
The next uplift as I see it for the High St is getting people back to work and out of Furlough and working from home. Once back in the office they will start spending all the £ they have saved whilst stuck at home.
Visited Rushden Lakes yesterday lots of shops very quiet, about 10 or so people in Card Fac., quiet surprised by that as it's a shopping complex with lots of high-end, designer shops, and Card shops are pretty common in relation. I assume it's a cheap, necessary purchase to justify a visit if you can't find anything in the high end shops. Surprised this has gone as low as 50s. gla