Card Factory Share Discussion Threads

[alex1621] 15/11/2016 15:00

Surprised at the share price reaction, as one of the better retailers out there, a market leader, strong cash flows and a solid dividend with the possibility of special dividends going forward. Some retailers do well in recessionary times and this one might well be one of them.

[paleje] 15/11/2016 14:11

IC gave a qualified thumbs up this morning:-

A trading statement from Card Factory (CARD) has sent shares there up 1 per cent this morning despite an “unspectacular” third quarter, to use brokerage Peel Hunt’s words. Total sales growth of just 4.4 per cent doesn’t give the market much confidence over like-for-like growth, but we like to see the group is still highly cash generative. That gives us some reassurance over future special returns. With Christmas just around the corner, we remain bullish for now. Buy.

[garycook] 15/11/2016 09:04

Nice up tick on the trading statment !!!

[paleje] 15/11/2016 08:17

That about sums it up, and in line for FY pre tax profit.

[alex1621] 15/11/2016 07:26

Sales up 4.4%, net store opening target on track, pickup in footfall since October ... but cautious outlook ... next statement in January.

[mortimer7] 14/11/2016 10:11

Trading statement 15th Nov, should be an interesting update.

[garycook] 11/11/2016 11:47

Lets get back to £3 first,and cement on that,and then push on slowly to that target.The next results should be good with Xmas earnings.

[paleje] 11/11/2016 10:51

Investec reiterated 395p today.

[smokybenchod] 09/11/2016 22:31

Looks to have found support at 250

[paleje] 08/11/2016 09:43

Doubt it, not normally high NAV/mcap with High St retail. Plenty of other attractions but market not interested for now.

[paleje] 07/11/2016 12:22

And I thought 280 was the low point:)

[paleje] 27/10/2016 14:35

Ah well, I get it back apparently if they execute.

There was something else I forgot to mention about CARD, many me included have been concerned about increased fx costs since brexit but (1) the pound may strengthen sooner than many thought (2) USD is in for a battering according to a well though out piece by Jim Mellon on MasterInvestor earlier this week (3) the costs cuts being made to ameliorate the fx effect are permanent, they won't be un-cut when the rate normalises...so the co will be operating more profitably going forward.

Win win win.

[paleje] 27/10/2016 11:47

HFX want 2 quid off me to do that! Robbers.

[garycook] 27/10/2016 10:26

paleje,That is good.But it cost nothing to instruct a Limit sell order and can only help the share price

[garycook] 27/10/2016 08:09

To all CARD shareholders. I have today put a Limit sell order on my holding in CARD of £4,to stop Shorter,s from loaning the shares from my broker,which they can do for a fee,without me or you knowing about.I suggest you do the same.

[garycook] 26/10/2016 04:53

It can only look terrible for so long.It will recover.Good value at these levels.If the dividend is maintain with the Special.Then Yield is 9%

[johnv] 25/10/2016 15:37

The chart looks terrible.

[garycook] 25/10/2016 14:51

She knows value when she see,s it.Also added here.

[paleje] 25/10/2016 14:49

I know it wasn't a massive buy but still nice to see KH adding to the substantial holding she bought days after the Brexit vote.

[bingham] 20/10/2016 10:10

xd 18p today.