I hope you are right BH, I have been waiting for that for the past two years! |
Thats mr market for you |
Meanwhile SHOE is picking up on no update. The LSE sometimes defies belief but value should come through in the end. |
 It helps people like me find the CARD forum on ADVFN.... Premium Beeks :-)
You should see how mad the BOO thread has been in the past. There are always multiple threads about. Abit of a free for all here at times.
But this price move is horrendous. I posted on this yesterday and tried a trade this morning. Mentioned needing follow through and I bailed because there was no follow through. You just don't get it. It has pretty much done what it did last time.
You get the relief mark up on the trading being in line, then a pop higher with buying and then the sellers and shorts come in and close off the price points to drag it lower. Last time it was 102p and this time they began at 98p..knock...knock...knock...fail...market realises and then sellers just gradually wore all Bulls down.
So well done to any nimble traders.
But this is the market (okay there is a 500% mover i can see and nipped in and out of...but that is not normal) and it is hard to fight that. You just get steam rollered or nothing happens in most. Traders naturally trade into some bounces out there on relief updates.
But at CARD it looks like a big clear out is needed so watching for any form of enthusiasm from buyers.
But this is dire when you have the rating this low and it gets sold into like this. Almost going flat from being 10% up.
Ay ay ay
All imo
DYOR |
The market never recognises the positives here. After having the fear of not meeting expectations this year removed I suspect it is now fretting about not being able to cover the £14 million extra costs next year?
Bloody frustrating to see such drastic under valuation here. |
110 by end of the week :-) |
High volume and a price that is no more than it was a couple of days ago ! Curious.I wonder where the selling pressure is coming from. A year ago there was an overhang, which when cleared led to a clear upwards rerating. Is this just small investors ? Is momentum investing (or shorting) taking over ? Hopefully, someone comes along and takes a decent stake, and in the process clears out the dead wood shareholders. |
I know, right! If we shot up to 1.50, it'd still only be on a pe of 10 for next year. It's currently trading on a forward pe of below 6 and around 6-ish for this year.
How is someone not thinking of buying this outright. |
probably finish negative today - knowing the UK FTSE.. |
Is there any reason why there are two CARD threads running? |
chart monthly |
Time to buy some more, methinks. I thought the discount would start to close quite quickly from today but I won't complain. |
Taking out stop losses I should think |
True, but a gradual climb back up is now looking a lot more likely than it was yesterday. |
Monthly Chart - waiting for breakout
hxxps://blueberrymarkets.com/market-analysis/w-pattern-trading-mastering-the-double-bottom-strategy/ |
Card Factory celebrates strong Christmas trading, reiterates outlook
"Card Factory's cheap prices mean shoppers often walk out with much more than they intended to buy, loading up on items as they walk along the aisles." |
@pernasresearch
CARD.L up 8% on heavily positive trading update. Unfortunately (or fortunately for CARD shareholders) onerous minimum wage policies help scaled players like Card Factory at the expense of smaller competition along with disincentivizing potential entrants. We expect Card’s market position to strengthen. |
 @proactive_UK
Card Factory surges as investors greet solid Christmas trading
Card Factory Plc (LSE:CARD) jumped almost 8% on Tuesday after gracing investors with news of a “successful221; Christmas and market outperformance over the year so far.
Revenue was up 6.3% at £506.6 million over the 11 months to the end of 2024, Card Factory reported on Tuesday, aided by growth of 4.7% in November and December.
Card Factory said it continued “to outperform a challenging non-food retail market” as a result and that full-year adjusted profit should meet consensus for roughly £66 million.
“We are pleased to have delivered another successful Christmas trading period,” chief executive Darcy Willson-Rymer said.
“Expanded ranges and our compelling gift and celebration essentials offer increased basket values during the period, whilst we also saw a resilient performance in seasonal cards.”
Card Factory also guided for a “mid-to-high single-digit percentage increase in adjusted profit before tax” over the year ahead, despite growing Budget-related costs.
Higher national living wage and employer national insurance contributions were set to lift costs by around £14 million in 2026, which Card Factory said would be partially offset through pricing.
Shares climbed 7.8% to 97.8p on Tuesday. |
You need to remember the market has been pretty awful since September - most mid caps down quite a lot since then - so unlikely to get back to the 140p level straight away. |
Quite, based on next year's forecast that should be the price at least, and who doubts that the 650m and 14%pbt margin will be hit in 27 now?
I doubt it will stay this cheap but I wouldn't mind putting the dividend to come back in at this price. I think this is going to turn into a multi-bagger for me and hopefully others :) |
If the market thought it was worth £1.40 in September, it should be now too. The shock that caused it to fall back to here has been reversed. |
I just don't get this stock. It hits 1.44 in September, good results today and we're still under 1.00 :-( |
Thank you, BH, and well done on your other holding! :) |
JZ's well researched posts here swung this to a hold for me and I'm glad I did so thanks for all those well informed posts! As I mentioned earlier there was also a positive TU from PSN this morning so it's not all doom and gloom for well run companies. Now I just need the same from Shoe to make a hat trick! |
For those interested in what brokers say: "hxxps://www.cityam.com/card-factory-shares-should-rise-rapidly-after-successful-christmas/"
I imagine a few upgrades will come with the prelims. Note they were already all positive on CARD. |
Register for streaming realtime charts, analysis tools, and prices.
Hot Features
Premium
