A term usually used in "Multicultural LondonEnglish" (sometimes referred to as "Jafaican") meaning trainers (sneakers).
Schmol: "Yo wagwan fam. Oi blud, you bussin some bare peng crepes, you know what I'm saying like oh my days fam."
Jeffery: "Yeah fam, I know right this ting mad peng. Got it at a sale at Aldi, yeah. I tell you mate, these ting bare comfy."
12 step recovery jargon referring to someone new who talks about how great life is, now that they'resober. Usually meaning that the person is out of touch with reality.
The new guy seems pretty happy for a dude who has no job, no money and no family. He must be on a pink cloud.