amt - too true, hence why I've sold none...
_____
Might get a rash of bids on small caps, some of which look very cheap.
It would be good, as providing a base for the sector(s). |
Yes there's no logic to that!
US news to come so that may kick start :)
(A positive TU update from WTB today reinforces that it's not all doom and gloom with well run companies meeting guidance.) |
Strange that the business has recovered fully from the pandemic and is powering ahead and yet the share price is a quarter of where it was before the pandemic. |
This is from their Half year report.
On 23 September 2024, the Directors resolved to pay an interim dividend of 1.2 pence per share. This represents approximately 25% of the expected full year dividend, subject to the financial performance of the Group in the remainder of the financial year being in line with expectations.
So the other 75% equals 3.6p or could be more as the performance has been better than expectations.
so the total will be at least 4.8p for the year.
In comparison moonpig have only paid 1 dividend since flotation in 2021 of just 1p card have paid 5.7p since 2021.
Since Cards flotation in 2014 they have paid a total of £1.06,6p of dividend's one special of 16p their highest.
When moonpig floated their shares rose to £4.87 and the have declined ever since. Imagine how many holders are sitting on big losses their shares today are at £2.10 maybe its them shorting card like mad as we are their main competition. |
There's another TU tomorrow, Premier Inn owner WTB this time, should be interesting being towards the budget end of hotels. |
Yes and it shouldn't be rocket science displacing MoonPig, maybe a bit more advertising and a wider range? |
Happy that I picked up some more over the last week. If the discount carries on for another year, though, I'll probably feel like I should have a seat on the board after all the shares I'll have, hehe. |
 It certainly is prokartace.
We just have to wear the pants and manage it. A little bit odd in that how CARD has just reacted is quite typical of moves out there. I think traders are looking for the relief type updates, where alot of gloom is in the price.
And where that buying and spike happens, then it is just a case of how long the spike lasts before it gets sold into. It happened at ONT recently - ping and back down. HTG is still going. It is happening in the bottom end of the market with highly speculative risky shares like IMM and TRLS of late.
FDEV has had one today. They market that up too much though. Just sat watching it now to see if anyone steps in big there for further upside momentum. Nothing yet.
But yeah, it is abit of a smash and grab right now.
There is alot of fundamental debate on the other CARD thread so naturally alot of long term holders must be nibbling away here and possibly in certain sectors like housebuilders (pummelled!), on the basis that macro doesn't deteriorate, trading stays in line and value eventually outs.
So some patient and others....erherm....going for the smash and grabs ha
CARD definitely needs someone to step in big. It is mediocre action right now - that is an upgrade from horrendous because at least it has found some footing and stopped falling.
Keeping a watch though.
All imo
DYOR |
Stock Sonar Report - Pernas Research:
Card Factory (CARD:LON) released their trading update for 2H and they have successfully improved range and driven robust 3.9% LFL growth. They continue to offset inflationary minimum wage increases through efficiency programs. Cost pressures are a point for potential concern however onerous minimum wage policies ultimately 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 and significant upside from these levels. |
CFactory have a massive online presence :-) |
Thanks RA quite right! SHOE took a kicking a bit like CARD a while back so with a bit of good fortune I'm hoping that both will progressively recover. Things are certainly looking much brighter here now following yesterday's TU. |
Johnr
My view is the market falsely believes that the future of card sending is online.
Yet we have clear evidence to the contrary but the market is too self important to admit its error.
The truth is CARD is a far better revenue generator and profit generator than Moonpig.
CARD EPS is 14 and share price is 94p
MOON EPS is 10p and share price is 200p |
There must be a big seller working away in the background. Now that we have confirmation that they are achieving the numbers that they said they would, and have a solid forward forecast, the tide cannot be stemmed indefinitely. We have been here before with Teleos.
aimho. |
Market doesn't seem to like CARD at the moment. Any thoughts why? |
Sp will rise nicely over coming weeks.Good dividend and growth with overseas expansion. Patience is needed. |
i think the seller (s) underestimated the collective purchasing power of the card PIs.
it happens |
Glad I didn't get involved with Shoe.
The boots on the other foot now. |
If they can get back to 2016 margins then profit would be 110m !!
Plenty of scope for efficiencies and very impressive sales growth since then. |
Amt..buy shoe. Sorry to put the boot in |
BH. Peter foot. |
I am going to be really fed up if this doesn't recover today having forked out a great deal at 97p yesterday.
This was on a pe of 20 at 4 quid a few years ago, 2016, on lower turnover although 30% higher profits.
Surely plenty of scope to increase margins to where they were with the competition going away and online less appealing. |
Yes you couldn't make it up could you! There was another director there with a similarly amusing name but his name escapes me. |
Great name for a Director of Shoe Zone Terry Boot |
Omron, for sure. I'm not sure how much of a history he has of picking up shares on the open market but I'm just going to keep picking up shares.
I think they're being conservative but giving a specific figure to guide on for growth next year, but it's going to be doing a minimum of £70m PBT next year imo, maybe 75-80 depending on how fast the US stuff gathers pace.
It was great to see that, despite Garven's contribution being small, it was positive, likewise with Garlana. |
Just a light-hearted diversion with both being budget retailers. Back to Card, today's TU has clearly put CF on a firmer footing going forwards. |
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