I see MW slightly reduced their short position last week. |
Yes but it’s still nice to have a good relationship with your investors, who own the company, and keep them abreast of developments within the company. |
The PR machine is not there to keep shareholders happy and the share price up ^^^ unless of course there is a rights issue approaching.
PR - If applicable is to boost the sales of cards. |
Are we ever going to get any positive news from this company. Their PR machine is woefully inadequate!!! |
There’s not a lot of positive news that Card Factory can release really as the most lucrative period of the year has yet to occur. Good news from USA/AUS would be welcomed but this adventure is in its infancy really so doubt there’ll be much news coming out about that. Hoping for something positive to reignite this share but not holding my breath. |
It better do, after my last few weeks. Or Xmas is cancelled in the Beeks household, indefinitely! |
Good to see this heading up today, hopefully a recovery has commenced. |
It has been time to buy for a couple of years! |
Price up today is it time to buy? |
Well if they the share price will likely double. Pondering whether to double up or is it down. |
So with 2 months to go management still say they will meet target then ? |
Berenburg forecast was from July 2024 when share price was at 96p....they bloody got that so wrong didn't they. Blundy buying more or heaven forbid the directors putting their hands in their pockets and buying some shares might move this dog a bit but at the moment its sadly heading in one direction. So many were burnt at 144 that any reasonable increase will be sold into to recoup big losses many here are experiencing. |
Analysts comment: "Card Factory's 40% share price drop since the interim results in late September appears far too punitive to us. Some negative reaction to the reported H1 2025 profit decline yoy is understandable, and we acknowledge the more stretching 22%/78% H1/H2 profit weighting, which is now required to meet full-year expectations. That said: i) H1 was in line with management's expectations, and it had previously guided to a greater-than-normal H2 profit weighting; and ii) there has been no change to full-year guidance. We believe that the group can achieve its full-year expectations. |
Berenberg resumes coverage on Card Factory with a price target of 154p. |
CF is not big enough to partner with Walmart |
Another stimulus might be the announcement of who the American partner is. Must be quite a big actor that covers all the States, Walmart?? |
Junebug - there is no huge liquidity in this share and I think shorters have been pressuring the share price on fears based on the disappointing interims and the impact of the budget. What I think could move the share price up quite quickly would be Brett Blundy disclosing that he has increased his stake at these low levels. That would be a vote of confidence. |
Car1pet
The dramatic fall to 31p in May 2020 was due to the lockdown and the closure of all stores. So CF was unable to trade and became loss making with a fear of bankruptcy. Since stores reopened CF quickly recovered revenues and its well known ability to generate cash. So much so the banks dropped their requirement for CF to raise £70 million. CF then went on to repay the government Covid loans and repay a great chunk of its previous accumulated loans. So its debt level is now much reduced, its revenue is increasing and it has just started paying dividends again. This combined with an Australian retail billionaire (Brett Blundy) buying an 8% stake in CF caused the share price to begin rising towards a fair valuation for CF. The recent half year results disappointed the market and have caused this quite irrational (in my opinion) fall in the share price, The first half EPS was 3p compared to last year’s equivalent of 5p. Despite CF blaming the increase in the minimum wage and at the same time re iterating it will meet the full year forecast of 14p per share, the market has taken it as a profit warning. In the half year report CF said it has found an American partner which will allow it to trade in all States in America in time for Christmas and it has increased its partnership with Aldi so it is the sole provider of greetings cards in the entire network of Aldi stores in the UK and Ireland. In my opinion, if CF EPS is only 10p per share this year the share price should still be above 150p. Please do your own research. |
thanks Thisaintme |
A lot of his acolytes will now depart stocko because he's gone |