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Shoe you bootyful share
Been in here for several months now and very happy since the last report. Can see this increasing for sometime yet due to the cash it makes, well oiled business and dividend payments starting earlier than expected.
If only all my other covid recovery stocks performed as well...
allow 3rd party cookies and it should just happens once. Delete on closure.
Settings
Safari
Block-pop-ups.
This is for an iPhone and you simply select the “Block- pop-ups” radio button.
Similar thing no doubt if you use a PC but you will have to go into your settings and search.
Hope this helps.
To go off topic for a minute, can any of you more computer wise posters tell me how to stop this pop-up from LSE every verse end, telling me they value my privacy, when they so obviously don't? I feel like they are treading on me. I've tried all the usual. I don't really want to walk off to ADVFN.
The Smiths own just over half of this and there are 50 million shares all in. I think on the last update they said the company has £14 million net cash.
They could offer shareholders say a 50% premium at £1.20 per share and if accepted the 25 million non-family shares at £1.20 would cost them £30 million. There is already £14 million in cash in the company and it can't be too hard to raise a £16 million loan secured from the £5 million plus yearly revenue.
After three years the loan could be repaid and the family would once again own Shoezone with growing big box revenue and possibly £10m plus yearly earnings.
I think that is what I would do if I were in their position.
It’s a slip on at this price
I expect some investors have caught on the hop here. 80p seems resistance. Could be good value if it could do a tie-up. When things are more up-and-running then we could see the SP go hell-for-leather to 100p.
In any case current market cap of £39m is pitiful!! We need to be nearer £70m for a business that is well known and making £7m profit.
Yeah - makes sense. I am going to leave my funds in SZ and wait a year or two as I am no good in dipping in and out.
Been loading up on Inmode, RR, Amd, Wrks and Tullow Oil for ages and so happy with that and will see how that plays for next year. All the best Mary.
If only I had bought more and less or many others.
Been loading up on card again and will rebuy SHOE in the 60s if it retraces. SHOE may not optimise the sales wiht seasonal stock shortages stuck in transit possibly so expect a check back at some point.
Well done Mary - top job. Enjoy ! - Great Result.
Purple,
No, extremely happy here with SHOE, I set my targets and stick fairly well to them. I have 254% profit on this one from trading.
First traded it around 49p on 23rd NOV and now have a holding which was fully bought by my profit.
Win - win - win !
As well as digital sales it's worth noting that since FY Rev is 120m and H1 was only 40m then H2 Rev of 80m puts us back on track to match 2019 revenue next year and this wasn't even with fully unrestricted trading during H2 only during Q4. I'd love to see the full quarterly breakdown. Could easily see 180m revenue and 9m profit as a sustainable long term baseline, growing with inflation and providing a 10p annual dividend
Hey Mary. Maybe hold the trim until after a director buy.
Have a similar ramge too but to much of a spike for me not to trim a bit and reduce average cost of investment.
Great trading stock for me.
Rarely goes straight up.
A second price extension is welcomed too whilst I sit in the pub lol
I love a price monitoring extension ... Lol
Yup I have a range of £1.20 to £1.30 very soon and one divis are back it will fly back to £2 ... Profit which is a fifth of market cap tells you this is crazy cheap. Plan to keep these a while and live on dividends as well ... Well done on all LTH. Patience is always the key especially a company run by a solid family ...
One more thing...Mcap £32m....revenue £122m and profit c.£7m (25% of Mcap). This is just bonkers!!
Impressive I must say. Digital channel investment was a master stroke and dividend ahead of schedule is cherry on top! 100p coming IMO.
Great results from Next today - let's hope for a read across in to Shoe
I just set an alert. I dud not in the 63-67 spread you could buy at 63.75 so sometimes worth checking with a live quote.
At these levels and below I will add.
The SP hasn't exactly gone hell-for-leather. The latest additions to the board are a right pair which isn't very good for a shoe company.
my god this is a so boring share to hold.
Even when it does go up the spread is so large its not going to be easy to make any profit.
Is anybody out there or have you all fallen asleep watching this crap.