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Card Factory Takeover Rumours (CARD)

Card Factory Chart

Card Factory Takeover Price

Card Factory Takeover Forum Posts

07-02-2024
Elsa As you say, what a fantastic return someone could make if they had £300 million to invest. Where else could they get 20% return? Lookout for a takeover, how tempting is this stupid valuation? Twice the price would still yield a massive 10%
03-12-2023
The takeover code is quite specific around the fact the target company is being restricted from providing new material information that could impact the valuation or perception of the company during the offer period.
V surprised you got something back from TRG from their IR teams prior to takeover. This would be unusual but I guess it depends on the questions.
02-12-2023
For context here. I don't believe CARD will be a takeover target. Maybe they're acquiring a further satellite business overseas as part of their 2026 growth strategy. That being said, the business was originally sold in April 2010 for 350m, with 480 stores. It is currently valued at 342m with over 1000 stores, and debt is manageable. It's great value for a US buyer for example. Even allowing for a nice premium on the bid.
I suspect this is due to a takeover (or similar sensitive activity). There'll be a blackout period where CARD may refrain from giving trading updates to avoid influencing the stock price during negotiations. This silence is usually to prevent leaks or premature disclosures that could impact the deal etc. There's been a higher than average amount of M&A across UK small-mid caps recently (see HOTC, SCS, FIF, etc.)
19-11-2023
As much as it eventually could be a takeover target, I think the recent share price increase is down to a company trading well and about to release an update.
17-11-2023
Takeover target ?
16-11-2023
Smallcap specialist retailers so undervalued in this market. HOTC just taken out for a 167% premium to last night's closing price. A loss-making business valued on takeover at 2.5x turnover.