The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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So why such a massive drop???
Demand for low cost shoes is not so likely to deminish.
No other retail has dropped so heavily though.
Retail being dumped. Not surprising really
Would also like to buy.
How low could it go I am wondering???
The Felixstowe port strike?
No news apart from being busy with back to school shoe sales …
Got divi last week I am guessing it must just be MMs causing mischief
I've been looking to get into this share but today's drop seems to be on no news. The only RNS is about a transaction in its own shares, reducing the free float.
Does anyone know why this might have happened?
I didn't think was getting the dividend payment yet very pleased I look in my accounts on ser that I've been paid a dividend
Thanks mate
i do already have LVCG, which is over 50% down on my investment, so not looking to buy anymore on that.
The post lockdown boom in full view
Total like-for-like (LFL) sales increased by +12.4% in July from a base of +23.9% for the equivalent month last year. Total
in-store LFLs rose by +22.9% this month from a base of +54.0% for July last year. Total non-store LFLs increased by +4.8%
from a base of +16.1% last year. July marks seventeen months of positive total LFL sales
https://www.bdo.co.uk/getmedia/20aa2b1e-282a-404d-81c3-b1911c244d87/BDO-High-Street-Sales-Tracker-July-2022.pdf.aspx
I'd certainly recommend top-slicing to lock in some profits if you feel over-exposed here ... but I think there is still 20% upside potential short term. Also if your average is below £1 then you're likely to be looking at a 10% ++ dividend yield on your original investment for the foreseeable future. So where could you find better ?
Well if you're purely in for a punt you could research these and pick the one you like best (I hold all and feel all are heavily under-rated) I3E ; ALTN ; INCE & LVCG ... very different industries but each could double overnight with the right RNS !
I haven't sold. Tempting as it is.
I would not sell this one. The likelyhood of 250p before the end of this year looms large. IMHO.
"Tempted to sell"
I feel the same (just a bit) but where else are you going to go? I'd welcome the tip.
SHOE must have a cash pile of £15m+ and yearly earnings of around 10%. Dividends and buybacks on the way as they RNSed. Not at all bad compared with many.
I reached 100% sometime earlier in the year. Sold enough to get my investment back. Currently sat at 146% up. Tempted to sell….
from here for a while but now want to shoehorn myself back in. Not really been in-step with SHOE but I was a bit flat-footed when this was in the 60s. Looking good now considering the market performance overall.
Yeah, great company to be in. Bought some in 2020. Price range about 40p. Happy in long term. Go, go, go.
What a great day for me to be up 100% on this .
https://home.kpmg/uk/en/home/insights/2022/06/a-perspective-on-the-brc-kpmg-retail-sales-monitor-may-2022.html
There was better news though for clothing, footwear and accessories sales, with both in-store and online purchasing driven up by the approach of the summer season and the promise of outdoor events and travel firmly on many consumers’ radars
Dividend to be paid too - what's not to like?
The Company will otherwise continue to review management of its cash resources which may include special dividend and/or buyback programme, details of which will be announced in due course.
Loyal shareholders will be rewarded.
So with good results this should you up but as we all know when other companies have good results in Hughes down for some reason I never know why
Excellent results
Expecting an interesting build up ahead of results. Expecting interesting results too. Feeling good about this one. Might even treat myself to a new pair if results are as good as I think might be.