@aishah, yes, it did seem like a bit of an echo-chamber. I certainly think you are right but I didn't have trust given what I had deemed to be poor, at best, communication. It was one of many issues that were there to see, and they all came out in the update today, but it's up to others to do the research, so I didn't go into detail but I wasn't surprised.
Thank you. It's definitely a very strong business with a good future imo. :) |
Update from Edison |
@julietZed, I've read your views on that board. IGR was tipped by all and sundry - SCSW, STOCKOPEDIA and an X blogger. Shouldn't management have flagged issues earlier? Trump tariffs still to come.
You've presented your case on CARD very well; well done. |
delusion vote as well - i was burnt so many times - being rich and then rule of law stroke. and now i am poor crazy gardener
like sportingbet and party gaming. they were allowed to run into a huge industry begging to be regulated. doing nothing ilegal. they developed the tech, customer base, customers and then BANG - thank you very much. rule of law. bought customer base and the tech for pennies and off THEY go |
I agree with JZ that it's a delusion, but time will tell. At least with the Tulip Ponzi scheme you could plant what you had left! |
aishah, I looked at IGR a few weeks back and had been for months, and there were too many concerns, but my opinion was not warmly taken to on the board.
CARD looking very strong now and has a weak competitor in its main growth market. |
Shouldn’t have mentioned BTC but its a token like gold. Only difference is you can make things from gold and you can expedite and secure transactions on a blockchain using BTC. |
IGR warns. Goes to show how good the update here was. Hopefully see a gradual rise in share price over the coming months. 12mth rolling p/e just 6.2 and yields close to 6%.
A multiple of just 10 takes the share price to £1.50+ |
Try the candles on the live ARQQ chart, they've been pretty good today but have quietened down this evening.
Or DJT, that one is doing pretty well tonight, but no surprise there. I bought a few earlier to make Monday more interesting. |
:) Let's do that. Haha, no more BTC for me for quite some years after I realised it was basically a delusion. |
Lets reset.
Anyway its more fun atm watching the candles on the live BTC chart. |
I apologise if my comments came across as rude but I stand by their substance. |
Yump, there is nothing to indicate that the overseas expansion will entail a broad store roll-out. It's not me trying to be rude, but unless you are guessing at something that hasn't been signaled, then looking into the detail you mentioned would be a waste of time.
They could announce it but they haven't. |
Thanks. Still reading about the partnerships etc.
fwiw I thought this looked safe at this level as hadn't realised the dividend was good and had read the confirmed 2026 outlook, which is a major positive for safety.
So an initial stake, regardless of whether I think it will reliably grow. |
It seems since Clintons more or less went, Card has mopped up the high street and Moon the online.
(Not sure about Card going into gifting, unless it optimises the shop space, or they use gift cards. Thought they'd already got a few gifts anyway.)
Er yes: "gifts and celebration essentials now representing 52.6% of total sales". So not new.
I'll have to read up about overseas, as have no idea if the shops/streets there are in any way similar to ours when it comes to sending cards, or whether there are already plenty of outlets.
Not looking for growth, seeing as I have others - with one going from less than 10mln t/o to probably around 100m for the next few years. There's growth and then there's growth ! Risky though. |
There's a good chance that next year they do grow by more than 10%. Management is conservative and competent in guidance generally. |
Seems safe enough to hold for a bit of recovery and then see if it turns into what I’d call a growth stock, not just one expanding revenue.
ie. Profits growing over 10% per annum. Then you get the eps and rating increase working together. Old fashioned stuff with pe at some point = eps growth. |
they have invested towards 100m into the global expansion for no real return up to now. buying prices and other costs. they are now in a good position in order to support the best foreign market out of many first. highest possible return on the cash invested from now on. as they know where to accelerate first. returns and margins will improve after the initial foreign investment phase where returns are probably low(er) than their domestic business. costs of buying, integrating, restructuring, building communication and supply....
i expect higher revenue growth due to increased prices and foreign expansion
i expect higher margins as the associated costs of the main office regarding foreign expansions will decrease, domestic (higher prices) and foreign profitability should improve. |
Yes it's a growth stock with global expansion underway. Maybe that's why the market is nervous and assuming such expansion will go wrong. The market in general at the moment seems to find an excuse for knocking shares down. Sentiment is dreadful.
However although the UK economy is dire there are opportunities in other markets and Card actually benefits from Customers cutting back on their expenses. Why pay 3 or 4 quid for a card when an equivalent in Card Factory is 1 to 1.50p |
Yump - I disagree with your comment about CF not being a growth stock. If you look at just the UK card side I would agree that the rollout of new stores will be more limited in future however this management is looking to break into the gift and celebration market where they have only a small market share so plenty to go for there. Outside of the UK they have recently expanded into the US, Ireland, Australia, South Africa and Middle East. I see plenty of growth here.I have looked at Pets@home in the past and they have two headwinds I can see - competition investigations into vets pricing and (I believe) falling pet ownership. |
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