London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
https://www.insidermedia.com/news/midlands/shoe-zone-expects-revenue-dip
https://www.retailsector.co.uk/614761-shoe-zone-expects-to-report-14-6m-fy-loss/
Shoe Zone expects to report £14.6m FY loss
What do we anticipate will happen to the SP? Rise to 60s by end of Feb, dip to 50s after the financials and then rise back up as retail opens up?
that was neotiated trade to buy for the last hour, must be gapping up on Monday
only managed to buy a small amount
with R less than 1 now - feels like public wont stand for these lockdowns much longer
Going downhill? At least unlike all other companies they should have suitable footwear for that.
dividends wont resume till 2024 they say
pension deficit
cash only about 10-11mill
this is a bit like mothercare, looks at shoes historical results, been going down heavily for a while
Yes and No I think. You'll certainly get higher unemployment, but there's also a large amount of the population that had barely spent any money last year and will have cash to splurge.
Interesting because I am very tempted to take a position here.
Even more jobless than that unfourtunately, however people have been warned what is coming time and time again and still they turn a blind eye and believe all they are told by the MSM, so be it.
just you see when furlough ends, maybe 10million jobless soon
polarised opinion and debate here. Clearly talk of £1 is fanciful but perhaps with indoor footwear to thrive it will underpin the price to some extent. Do they stock from China? I know freight prices have gone up substantially and of course Brexit has brought import issues the Brexiteers scoffed at. I guess with the price at 53p then optimists should fill their boots but pessimists should be careful where they tread.
Lockdown was to ensure NHS wasn't overwhelmed. We are nearing that stage.
Continued lockdown will screw the economy big time. The gov does not want this to happen.
And Covid appears to go rampant during winter as opposed to summer where it quietens down.
Provided no lockdowns in the future, SHOE has ample liquidity to sustain themselves during this period. SP over medium term is highly likely to rise given that 50's appears to be support level. This is seen with last TU where SHOE gave c r a p p y results, knocked the stuffing out of the stock temporarily and then it shook off the dust and continued going.
Financial year end results on 8 March 2021. Given they'll be reporting a loss, perhaps even at this price this isn't a safe bet?
yeah thats a separate issue - im just talking generally - this govt have made a mess out of the country and exploited it for themselves, this isnt about a killer rampaging virus
everyone is bust
i dunno where you live but its not in reality for sure
and media this govt has 0 intention of letting anything go back to normal despite people getting vaxxed.
Scooby, this rates question is a big issue:
Rents 2019 £20.4m
Rates paid 2019 £11.1m
m_night - very interesting, my research of the best stocks for a 'swift UK recovery' scenario have led me to Shoe zone and Stagecoach also.
Cineworld I do not like (debt / changing viewing trends)
Card factory - not on my radar
My main investment is BOO - online retailed that does well with lockdowns or re-opening
The government seems a bit tyrannical I agree but I am sure we will get out the other side of this. Yearly boosters is no problem - like the flu jabs we can get. It is probably the amount of people with similar views to you that are keeping shares like this so cheap.
theres plenty more restrictions and lockdowns coming. Look what theyve done to travel
THREE covid tests
10 grand fine
1.75k quarantine bookings
wake up - this is never going to end ever. we are not going to be allowed to ever live the way we did before.
Crotty WOW - they've got you in their pocket haven't they - these lockdowns and restrictions will never end, never. You need to wake up. the govt have said they don't give a donkeys what these vaccines do, and they want to do ongoing yearly boosters and the like. this govt is a tyrannical dictatorship
I am betting on a 6 month extension to the business rates holiday.
If Scotland has granted a 3 month xtn, UK gov must be under pressure to grant it given state of the retail and hos. sector.
If holiday is granted - will help SHOE enormously.
In addition, given the barriers towards holidaying abroad, I reckon many of the UK population will stay in the UK wandering aimlessly like zombies on the high street (coz we are so bored being locked up at home!!!) and SHOE must benefit from this trend.
In any case, low 50s appears as support level.
Nonegspleeze - agreed.
Much is sentiment driven.
Take a look at the rise of RBG in past few week. they prob will not be operating until late April / May.
I'd be reluctant to put any money into retail or leisure for now but if pressed I'd say SHOE is the best of an ordinary bunch. Cineworld is a debt ridden basketcase and a potential zero in my view.
Not sure when, or indeed if, Stagecoach will get anywhere near pre covid revenue & the card factory is in a losing battle with the internet & social media.
Both Shoe & card factory are also going to struggle with the new normal half empty high St, even after covid restrictions are done. Bigger threats to shoe also include Primark & supermarkets in general. Good luck with your choices but all these companies look cheap for a very good reason.
Good to see you here too TBTT!
M-Night
2,3,4 are all indebted big time.
2 - dont know much
3 has a crunch call soon with the bank - bank will probably request equity fundraise.
4 - completely OTT indebted.
1. has almost no insolvency risks.
I chose SHOE since
- sentiment has returned (for now!) to customer facing businesses (imminent lockdown)
- if business rates holiday granted - will give SP a nice boost.
- the usual DD - financials / management / market positioning.