173p share price Target |
Correct me if you think I’m wrong but looks like a Rounded Bottom playing out?? |
Seen the updated Bloomberg shareholding register. Since the interims it has been mostly retail investors selling. Little institutional change. FWIW. |
Hello, I'm new here. I'm a retail investor in Card Factory. I'm Catalan, like Pep Guardiola. I've been reading the last 10 pages of the chat, and the entire conversation is very enriching and interesting. I take this opportunity to greet you all, and if I can contribute something interesting, I will. |
very interesting trading pattern
today most of the volume is neither buy nor sale atm yesterday huge amount of 1 or 3 shares traded deals, today none
someone big is working it very professionally which bodes well, also vol traded /bigger trades/ are not PIs |
I do be of a mind that this be’s a vey naughty share what will jump up of a time when you do be least expecting it. Because of this I do be thinking that I might purchase some at 70 English Pence |
today TA tells me to start buying again. so i did
ps card is obeying TA imho despite sells being double buys - share price did almost not decrease .... so strong hands accumulation ongoing this year results will be as guided. min wage will almost not reflect and no economic disaster has not happened - yet - influencing retail spending so results will be safe this year and share price will reflect that
all in my slovenian gardening opinion |
One way street since the interims. Has fallen through every support level. I am dying to buy more but ATM it feels like trying to catch a falling knife |
I guess the longer we go without news re the USA the more doubt creeps in about their ability to meet expectations. Pity given the 45% price drop since interims that they didn’t guide the market to lower earnings for the full year. This way we have the big drop because nobody expects them to do 14p for the full year and then quite possibly another drop when they confirm it. Hopefully they prove me wrong! |
It’s positive updates we want from the company |
Buybacks increase earnings per share as there are less shares in issue, some of the time it has a bad rep as been used a lot in the US to hit share price targets so management can get paid out on options cash outs.
The general jist is even if your company isn't making any more money if you start reducing the share count earnings per share goes up as less shares are now in issue so reverse dilution, management can say aren't we great earnings are going up and so is the share price but a lot of times its smoke and mirrors. |
I do understand the maths. My point was about the effect on market sentiment, which I didn’t see changing through share buy backs. |
And supports the share price when it drifts !!Look at funding circle ! They went from 40p to 146p |
Reduces numger of shares on market making it cheaper without reducing share price. |
s34icknote
CARD is grossly undervalued with 347.6 million shares in issue. Why would reducing the number of shares through buybacks suddenly make the market value it more highly? |
May be card would have been better doing buy backs rather than divs ??? |
Yep - this would be right |
That's the greatness of the market !!Same as trump media that turns over a million dollars in revenue is worth 8bn dollars and bitcoin is worth 90000 dollars !!The market wants racey stocks !!! |
If EPS turns out to be 10p why is the share price only 80p when Moonpig also delivers EPS of 10p but its share price is over £2.50? Also Moonpig pays zero dividends! |
Would bring yield to 5.6 percent |
Suppose to be 3 times covered So around 3p final ? |
Dividend unlikely to be 5.7p as the final dividend took into account that it had not been possible to declare an interim dividend because of borrowing covenants. So a yield based on a normalised dividend of 4.5p seems more likely |
2 months to go |
Last year was 7.9 p second half ?So my guess is 10p eps ? With 5.75 p div that's 7.18 percent yield at 80p Has this fallen too far ??Guess we will find out in January trading update ? |