Card Factory Share Discussion Threads

[encarter] 01/6/2020 09:12

3 month charts says a whoosh back to 80p at some time. Maybe this week's good news will do it. You could still double your money in a couple of days from here

[1choip] 01/6/2020 08:56

Look at chart and it's about to fly

[1choip] 01/6/2020 08:14

back to bargain price.

[mallorca 9] 01/6/2020 08:08

Heading for 60p ?

[qs99] 01/6/2020 08:06

Interesting moonpig has gone through the roof in sales per the paper....could CARD factory do something similar with its digital offering? Despite that, IMO this is still a v. good recovery play and market looks like it agrees at the moment....DYOR

[bigboss13] 31/5/2020 23:29

Was thinking the same to take a position or not tomorrow and yes this has jumped up from 30pAssuming both updates are positive this week, we only expecting around 20% gain to around 45p from 37/8p?

[thehitman1] 31/5/2020 23:28

it's been tipped by topinfo, I never buy anything he tips.

[thehitman1] 31/5/2020 23:26

thanks dave

[paulof2] 31/5/2020 23:01

Thanks Barnet, good points I had also considered.

Think if this was still at 30 and I noticed last week I’d be taking the plunge but looks like I’ve missed 20% in the week and not sure there is much more in it and could possibly get better returns elsewhere for lower risk.

Perhaps it will bounce up on the results and I hope it does for those involved but think I’ll either be just taking a small holding here or waiting to see if it retraces back to 30.

Good luck

[barnetpeter] 31/5/2020 22:30

Following all the actions taken, the Board is confident that the Group has access to sufficient liquidity, even in the event of a prolonged store closure period.


Opening in two weeks.

The Group has continued its robust sales performance, with a +5.0% increase in revenue for the nine months ended 31 October 2019 (2019: +3.4%), reflecting the contribution from new stores, CardFactory.co.uk growth and steady sales in a challenging UK high street environment.

200p exactly a year ago. Now 36p. Is that fair or too high/low? No idea but I am in. Tuesday will tell us. I just think the upside is higher than the low.

[barnetpeter] 31/5/2020 22:24

We continue to focus on reducing operating expenses and managing our cash flows. Actions include:



- furloughing of over 90% of our colleagues;

- a significant reduction in non-essential capex including deferral of replacement equipment in our manufacturing plant, with investment in a small number of key projects that support the Group's long term strategic objectives;

- new store openings have been reduced to seven in FY21, being those that we are legally committed to opening;

- we have taken a number of steps including negotiating rental payments and having ongoing discussions with landlords to reduce net cash outflow;

- operational spend being restricted to essential for maintaining operations and supporting business continuity;

- we have agreed with HMRC on the deferral of VAT and PAYE/NI;

- stock intake and payment terms are being managed with suppliers; and

- the Board has decided not to pay a final dividend in respect of FY20 to protect the business and its balance sheet at this uncertain time.

[barnetpeter] 31/5/2020 22:21

All true paulo....but the point is whether that is all in the price. From 150p to 30p?

CARD has had a lot of money from the government.....zero business rates, staff costs, loans and the rest.

[paulof2] 31/5/2020 22:15

Also lots of debt and sales were falling even before covid?

And invesco and others dumping?

[paulof2] 31/5/2020 22:13

Looking at possibly investing in Monday although see it as a bit of a risk. Impressive online growth figures since covid but it’s from really quite a pathetic low base?

That definitely will not be enough to prop up the large amount of stores if demand remains down even when they open surely?

Or can someone let me know what I’m missing here?

[wiseman1967] 31/5/2020 21:04

Just had a shockingly bad consumer experience trying to checkout on Getting Personal. I am sure we will see positive online trading despite this - but imagine how good it could be if the shopping experience matches up to other online retailers. Expecting pre Covid Ebitda of £80m plus - anything less feels like "game over" for Karen Hubbard after four consecutive years of falling profits. Chairman take note.

[gooner1886] 31/5/2020 20:43

This looks like another banker recovery play to me

[ammu12] 31/5/2020 20:39

Norges selling

[ammu12] 31/5/2020 20:38

Invesco selling...

[nw99] 31/5/2020 12:41

That's awesome thank you

[1choip] 31/5/2020 12:06

Read RNS dated 09/01/20 and give indications what final results would be on Tuesday..

[nw99] 31/5/2020 10:58

Is there some news expected then ?

[finkie] 31/5/2020 09:47

I’m expecting a decent increase Monday as they outline plans following re opening of the stores, business has been reasonably well insulated with the government gifts since lockdown....they have returned 120p over last 5 years crazy price today.