Card Factory Share Discussion Threads

[qs99] 04/6/2020 08:30

wow has this been tipped or something to produce this spike?

[32campomar] 04/6/2020 08:27

Sentiment has reversed dramatically on this one, momentum on the upside as we await store openings even though the big unknown is how busy the shops will be. For now that's not a concern for investors. Remember the old adage, always best to travel than arrive

[qs99] 04/6/2020 08:25

50p coming...

[1choip] 04/6/2020 08:18

Q1 result is not that bad as i fear. Cash should be sufficient until strategy review on 28/07/20.DYOR.

[qs99] 04/6/2020 08:10

Nice start to the day

[glavey] 04/6/2020 05:11

"They will still need the same number of greeting cards."

Since when is a greeting card a 'need'?

[dexdringle] 03/6/2020 21:30

3 years profit will pretty much clear the debt. A return to anything approaching normality will see this back at £1 a share.

[32campomar] 03/6/2020 20:48

I agree with your thought process, but consider this. People will shop less often, but when they do shop they will buy more so they don't have the hassle of queuing etc. They will still need the same number of greeting cards. So i think volumes will be better than you imagine.

[slinkyj] 03/6/2020 20:29

Ok let's wait and see then.

[paulof2] 03/6/2020 19:40

I have done my own research, everything I stated above was facts and you clearly have nothing to say back to them as there really isn’t anything else to say.

I’m just waiting for the mugs who blinding follow rampers on twitter etc to buy in for the price to rise a bit further and I’ll be waiting with a short.

Out of all the possible recovery plays out there this to me seems the least likely and highest risk. I fail to see what prospect this has that would make people invest, yes the share price has been absolutely hammered but with good reason.

[slinkyj] 03/6/2020 19:33

I think you need to dyor. But best you don't invest if your not comfortable. I am so I've invested.

[paulof2] 03/6/2020 19:27

So therefore it’s going to be a long time before sales are anywhere near normality and with a large debt burden and regular covenant testing they are really going to struggle.

Online growth can make up some of the deficit but it still only accounts for an incredibly small percentage of sales and revenue for the business.

This will be fine until the government support schemes stop when it will be absolutely screwed. If your whole business model is built around large footfall with customers making small purchases £1 or £2 a time the amount of footfall you need to remain sustainable in these prime high street stores is a substantial amount. How long until that returns to normality?

Probably a very long time, social distancing in a card shop will simply prove unsustainable 3 or 4 people in at a time spending 15 minutes picking the right card for £1 in revenue!

Let’s also not forget that profits were falling even pre covid.

[slinkyj] 03/6/2020 19:18

It's all about strategy and footfall. I expect they open their retail park stores as there is a good amount of retailers already open in them. Why would you open a store in a high street with many shops still shut. They will open them as and when they know the general footfall in the threshold justifies it. But I'm sure they will open in due course and along with other retailers. So your point is correct it is still cheaper to furlough in those instances and stores. No big deal and I wouldn't expect them to and would worry as an investor if they made badly timed decisions.

[paulof2] 03/6/2020 19:07

You do have to question why they would only decide to open 10% of stores, as someone else said they must think it is more cost effective to keep most shut while the government are still paying staff through furlough.

Doesn’t look like they have very high expectations then

[bgosby] 03/6/2020 18:47

They have a great website to send cards aswell, similar to moonpig.

[sparsam] 03/6/2020 16:55

Card Factory: Liberum reiterates buy with a target price of 100p.

[rakepat37] 03/6/2020 16:27

Watch this fly when all shops are open 1 pound easy

[sparsam] 03/6/2020 16:06

Shorters will be crispy fried tomorrow, this is on a big leg up.

[lastchance23] 03/6/2020 15:49

Mallorca in denial on his short, card are market leader for segment

[sbb1x] 03/6/2020 15:27

Rome weren't build in a day.Anyone that believes just have patience

[nasnas1] 03/6/2020 15:27

The best place to put your profits is HMSO it's heading back to 225p where it was two months ago!! Take a look guys.

[sparsam] 03/6/2020 15:25

This will rocket past resistance on opening tomorrow imo