Card Factory Share Discussion Threads

[raymund] 12/4/2017 19:10

3m BUY after hours, I wonder, whose was that? Now through £3, where to next?

Don't suppose my buying 8 Easter cards for £1 today had anything to do with it!!!

[spoole5] 04/4/2017 11:31

CEO buy and share price down?!!!

[garycook] 04/4/2017 10:03

Show,s confidence in the future of CARD,and good value !

[mister md] 04/4/2017 08:20

decent sized CEO buy

[spoole5] 31/3/2017 14:45

Nice move, not sure why, upgrades? Anyway, not before time.

[mister md] 31/3/2017 11:02

You did indeed ;) Happy with my entry at 255.53p

[garycook] 31/3/2017 10:56

I told you it was good value !

[mister md] 31/3/2017 10:35

nice bit of AT buying going through this morning ...

[garycook] 30/3/2017 11:56

Celebrations specialist Card Factory is in line to benefit from the impact of rising inflationary pressure in Britain on shoppers’ wallets, driving demand for its cut-price cards, banners and other cheery merchandise.

The retailer saw revenues rise 4.3% during the year to January 2017, it announced this week, to £398.2m, or up 0.6% on a like-for-like basis. This pushed underlying profit before tax 3.8% higher to £85.1m.

And Card Factory is rapidly expanding to meet the needs of cash-strapped shoppers and increase its share of the budget sub-segment. The opening of 51 new net stores last year took the firm’s total to 851, and the company hopes to eventually boast a 1,200-strong outlet network spanning the UK and Ireland.
Card Factory plc
Sell: 271.70 | Buy: 272.10 positive 4.60 (1.72%)
Graph.

The City expects Card Factory to suffer a 1% earnings slip in the fiscal 2018 as the costs of its ambitious expansion weighs. But the greetings great is predicted to roar back with a 6% rise in the following period.

And these projections result in very attractive P/E ratios of 13.9 times and 13.2 times respectively. I reckon this leaves plenty of scope for Card Factory’s share price to rise.

[garycook] 30/3/2017 04:56

So CARD are worth £4 then,has Peel Hunt suggest,and it is a 50% premium take over of 267.

[1novice] 29/3/2017 16:11

Wouldn't suprise me if they did irenekent

[irenekent] 29/3/2017 15:52

Maybe American Greetings will buy out Card if they become more of a threat than they can bear.

[mozy123] 29/3/2017 15:38

1novice - you know alot - thankyou for your view.

[1novice] 29/3/2017 15:18

"Killing clintons" won't happen. The parent company could buy card factory ten times over out of its spare change. If it wanted to get into a pi$$ing competition with the value end of the market it would destroy all the competition. But it chooses to stay high end and quality.
Most supermarkets are supplied by hallmark and the margins are good, you also have the convenience of getting cards with your weekly shop, so that won't happen either. Most gifts they sell are sourced in China so are as susceptible to currency fluctuations like other traders.
Card sales are declining year on year along with high st foot fall. But what do I know. Only been in the supply of cards business a few years. But each to their own. They are not for me.

[mozy123] 29/3/2017 14:32

The internet has been around along time and has yet destroyed card giving, so cant see that it will in the future.

Will amazon start selling card and gifts? - they already do.

The problem with electronic media is that its really impersonal.

The grow here comes from killing Clintons (making good progress), and making it hard for the supermarkets to sell profitably, whilst improving the efficiency of production and supply chains. Weak Sterling is going to hurt others more than our intergrated vertical production, who buy 100% of goods from abroad. Some hedges helping

[alex1621] 29/3/2017 13:48

Youngsters have never sent many cards ... I certainly never did when I was a teenager, I buy more now. But people are still buying cards and gifts, and that won't change anytime soon, perhaps never. Non-card sales is over 40% and growing.The retail landscape post-referendum has got tougher, for every retailer, so a slow down in like for like is not unusual ... this company will continue to grow through the uncertain times of the next two years, adding to market share as it does so ... when the retail market turns, as it inevitably will, we'll see some capital appreciation. In the meantime it continues to through off substantial dividends.

[spoole5] 29/3/2017 11:19

They don't need like for like sales to be spectacular with 400 potential new stores, increased presence online and potential rep of ireland expansion. Fantastic margins and cash generation. If you think people will stop sending cards then fine but there is zero evidence for that anytime soon.

[garycook] 29/3/2017 09:15

Even at £4 Card would still be yielding 6% with the Special.So I believe that makes them very cheap atm,and total agree with Peel Hunt.

[1novice] 29/3/2017 09:10

With like for like sales dropping from 3% to 0.6% my limited knowledge suggests the ar$e will drop out of this sooner rather than later. But this just my opinion. I got out a while ago

[paleje] 29/3/2017 08:55

Peel Hunt retain their 400p target as the competition gets weaker. They don't say how long to reach that target:):-

Peel Hunt: Card Factory ’miles too cheap’
Card Factory (CARD) has managed to beat expectations despite continuing investment, and the competition is starting to fold, says Peel Hunt.

Analyst Jonathan Pritchard retained his ‘buy’ recommendation and target price of 400p on the stock, which dropped 9.7p to close 3.6% lower at 264p yesterday.

‘Card Factory’s preliminary results are a beat and we are upgrading forecasts, even though this is a time when the company is investing heavily into margin,’ he said.

'Currency pressures make it tempting for Card Factory to put prices up, but moments of input cost distress for the sector have been used in the past to further improve the value for money image and the pressure is becoming unbearable on the competition. We expect store closures elsewhere.''

He added that the cash generation at Card Factory was ‘extremely strong’ and that management had confirmed there would be another cash return this year.

‘On our newly upgraded numbers, the shares trade on no more than 14x price/earnings, with a 9% yield, which is miles too cheap,’ said Pritchard.

[renew] 29/3/2017 08:53

I.ll settle for that!!!

[spoole5] 29/3/2017 08:16

Looks like dividends are going to be the only way of getting a return on this stock in the future as the market clearly hates it!