Card Factory Share Discussion Threads

[rumobejo] 17/6/2020 15:46

too many big lumpy trades today and yesterday (post close)

hmmm...

[rumobejo] 17/6/2020 15:16

375,000 bought at 50p for total of £187,500

big guns keep soaking up cheap shares


£1

[rumobejo] 17/6/2020 12:58

250,000 bought at 51.5909p (day's high) for a total of £128,977

[babbler] 17/6/2020 12:55

And another... At 53 almost.

[rumobejo] 17/6/2020 12:23

625,000 bought at 50p for a total of £312,500

big guns soaking up the cheap shares

£1

[rumobejo] 17/6/2020 11:55

let's kiss the 50's good bye and looking for 55p close

60p by Friday

[rovi70] 17/6/2020 10:40

mallorca filtered

[bhaisahib] 17/6/2020 09:11

Give it a rest. It's clearly not working.

[mallorca 9] 17/6/2020 09:02

Oh dear ,

such fools

[qs99] 17/6/2020 08:31

haha......noice

[rumobejo] 17/6/2020 08:25

i hope people understand how scare mongering works now!!!

£1 on a post #CARD

[qs99] 17/6/2020 08:24

Looks v. v. strong IMO.....that is some graph from a few days ago just below 40p....DYOR

[qs99] 17/6/2020 08:23

£1 before lockdown....just sayin!

DYOR

[sbb1x] 17/6/2020 08:05

Just keeps going up...

[fenners66] 16/6/2020 23:46

As I already intimated, that basket load aim looks fanciful.

[lastchance23] 16/6/2020 22:57

fenners66<< too early tell on footfall, but even at 50%, if they manage to increase basket load over frequency (their plan/aim), plus 300% greater volume online, to me with the debt interest reduction (2m), near term government support, and potential arrangements on rent, I see no near term risk 3-6months. As long as they can cover costs at this point I'm happy.

[fenners66] 16/6/2020 22:41

"The post-lockdown shopping boom appears to have fizzled out as bargain hunters brand Britain's high streets 'really quiet' in stark contrast to the huge crowds seen yesterday.

Footfall was 55 per cent lower than this day last year as shoppers opted to stay home on the second day of non-essential stores reopening their doors."

Whilst I have to conclude on the evidence given so far about the covenant tests - see previous posts - that the company is not in immediate danger of breaching them, there is the situation that if trading is not back to "normal" in the near term those covenant metrics get closer to failing.

If EBITDA remains at or near zero for the next 3 months that will leave any rolling 12 month period for the next 9 months looking dire and set to fail the 3x test when that comes into play.

It seemed yesterday that people were willing to catch CV in exchange for going shopping - but today ?

[jason_scrap] 16/6/2020 22:16

Wasn't a buy... 1.5m at 39p was a sell

[lastchance23] 16/6/2020 22:11

Mallorca<< In fairness the Thomas Cook situation was suspicious, they even had an inquiry, why were management getting bonuses on losing money...My issue is that rescue deal was a decent raise, the banks went back on the initial offer requesting 200m. There were also issues with RNS statements from the media team which drove down price, nothing needed to be said, they kept scaring people over dilution, to me insiders were shorting, and the banks and market makers were involved. They simply used the investment offer to wipe out several sets of shareholders and pay of some suppliers; they even sent funds to save the German Airline several hours before administration, even the staff at work didn't know.

Anyway, point about CARD, previous price is just a relative guide, people like to look at moving averages, historical prices, when valuing future prospects. Its not a given, but it provides a base to assess the accounts, fundamentals, risks and what future forecasts are possible. Buying a new IPO or share with no history is something I prefer not to do, and you only have to look at Aston Martin to know why. This is value play.

[jamiecrayon] 16/6/2020 20:17

So what does the fact someone bought 500k worth of shares and dropping the price mean? Some Web pages are showing the drop and some are not

[jamiecrayon] 16/6/2020 20:09

So what does the fact someone bought 500k worth of shares and dropping the price mean? Some Web pages are showing the drop and some are not

[bhaisahib] 16/6/2020 19:08

Beautiful finish for 2nd consecutive day. FTSE is climbing up fast again so are the hammered down stocks with it.Shorts are getting way too desperate as you can tell with their tones. Looks like boss is not gonna be happy. CARD is a strong buy for short, medium and long term. Markets futures are positive for bull run. Make money whilst you can.

[bhaisahib] 16/6/2020 18:59

So let me get this straight. Price goes down you have a problem and it goes up you have a problem. What's your interest here really. Are you invested or shorting here?Clearly you're not here for a noble cause to "warn" people of losing money when they are happily invested and are actually making money.