Card Factory Share Discussion Threads

[kaos3] 10/5/2024 16:54

do not know ... but it tends to get filled.... and it has almost done so

i am saying this had to happen.... and that down move does not mean we will go bellow 100p.

round number of 100 p was first a resistance and now it is becomming a strong long term support imho

[everton448] 10/5/2024 16:52

It heads to 90 pence?

[fft] 10/5/2024 16:49

Kaos,What happens when the gap is filled ?

[kaos3] 10/5/2024 16:35

just closing the gap at 100p

[everton448] 10/5/2024 16:04

Would not surprised to see this in the mid 90s next week. DYOR

[kiwimonk] 10/5/2024 08:17

Selling Haribo and Cards together is a winning comination in 2024!

[everton448] 09/5/2024 16:38

You are right. The company is delivering on what is says it will do and the market does not care. Because ultimately it thinks there is no long term future in selling cards.

[burn248] 09/5/2024 15:08

The share is not performing because Stelios still got a load to sell. A good long term buy and hold. Imo.

[grahamytrain] 09/5/2024 13:21

Dreading next performance update….if it’s not absolutely fantastic and doesn’t knock the current fantastic update out of the park then this dog of a share is gonna be driven even lower. There’s coming a time when investors are going to just think there’s much better returns to be had out there, this unpopular share needs to be dumped. Everyone is scratching their heads and no one seems to have a plausible answer as to why this share is not improving!

[greyingsurfer] 08/5/2024 13:26

And shareholders will become entitled to the same 4.5p, so pretty irrelevant!

[bbonsall] 08/5/2024 12:45

Chester9
The share price had better move up before the 30th because it will be marked down 4.5p on that day anyway.

[fft] 08/5/2024 09:45

An option would be to announce a tender offer. Say 8m GBP. People then tender xxx shares for the price they are willing to sell at. Gets rid of weak holders in one go without the drip drip drip of a multi month share buyback. If some shareholders want a liquidity event it provides that.It also allows bigger holders to apply to sell millions of shares and if they really want to offload they can put in a lower offer and get the pot !Instant EPS increase and P/E decrease for remaining shareholders and a higher yield to boot !

[chester9] 08/5/2024 09:23

The xd dividend date of 30th is closing in share price will move up ahead.

[everton448] 08/5/2024 08:20

A fall day will be the fifth day in a row back to pre results levels.

[simmsc] 08/5/2024 02:22

They would be able to exit quicker. That would be one of the benefits. They can only sell as fast as there is demand. Buybacks increase demand.

[magnets] 07/5/2024 21:02

They'd just be pushing up the price for Teleios and anyone else who wants to sell up? Where is the value in that?

[ggrantsu] 07/5/2024 19:58

how in any way at all would a buyback not be best value for shaeholders...head and shoulders above any other route of shaeholder value creation for most companies - for card it is miles ahead. we are on a PE of six vs. a UK retail sector and UK market that is probably on avg PE's of low teens/mid teens.

card is a company that has performed considerably better in terms of earnings growth / quality than the broad retail sector / uk market. a buyback would have been far far more value accretive vs. a dividend here if you believe we should even be on a 9x PE as a minimum (+50%) higher.

i can see their rationale for income funds wanting to re establish a regular progessive income yield. but they should do a buyback sooner rather than later. they clearly have a persistant seller (although impossible to tell from bloomberg)...a buyback on all counts would be the best thing to do here and not a small one.

[magnets] 07/5/2024 19:00

A buyback would help Teleios clear out faster but isn't best value for shareholders. I think it's better this way.

[crystball1] 07/5/2024 16:55

I am simply content that a dividend will be restored.

[elsa7878] 07/5/2024 16:33

They just did a very comprehensive post-results presentation and Q&A.

If they really wanted share price support they should have put in place a buyback...think that was a mistake but apparently is very much on the agenda just not yet.

[troy holton] 07/5/2024 16:10

I doubt Card Factory will accept the Mello invitation. As they are people that can’t even work out when a bank holiday is (it’s 27th May, not either the 22nd or 23rd) I know that I wouldn’t.

[elsa7878] 07/5/2024 16:07

This all seems a bit strange. Poster on here with broker connections said that brokers (including some that don't even cover it directly) post results roadshow were really impressed with the management, the story and how cheap it is....He also has Bloomberg access and says no change in large shareholdings, so this weakness is a mystery.
Very, very frustrating. Be amazed if its goes much lower now it is back in the dividend realm....
I'm keeping the faith and will add if it goes any lower.

[riverman77] 07/5/2024 15:32

Have Card accepted the invitation to Mello? I suspect not as they seem to make very little effort with retail investors.