Card Factory Share Discussion Threads

[stevieb2190] 08/7/2020 08:05

The only thing that surprises me is all the professional investors ect seem to be basing their comments on the financial fundamentals reported and yet they mean absolutely nothing anymore...its a completely new market now and one that they will struggle with..even if their rents are halved, be very careful here as its going to take some very clever management to pull through this

[dave0011] 08/7/2020 07:00

Relative of mine is a manager and reporting 70% drop in footfall at her store and apparently not alone in this

[1novice] 06/7/2020 14:04

Something a little iffy going on with the share price lately.

[mallorca 9] 06/7/2020 09:28

Oh dear .... stores not reopening !

[peteret] 03/7/2020 09:29

This is very strange how this is being held at 50p.Whats the purpose of it.

[mjmp1] 03/7/2020 00:02

CARD FACTORY
RNS out 02/07/2020 at 5pm. Notification of Major Holdings
Institution Buy: DBAY advisors Ltd for Sparkasse Bank Malta Plc
From 5.9% to 6.05%

[mjmp1] 03/7/2020 00:02

CARD FACTORY
RNS out 02/07/2020 at 5pm. Notification of Major Holdings
Institution Buy: DBAY advisors Ltd for Sparkasse Bank Malta Plc
From 5.9% to 6.05%

[mjmp1] 02/7/2020 11:01

Card Factory - Recent Institution dealings.

SELLS
Inveso held almost 25%, but sold out almost completely by 9th June 2020

BUYS
23rd May 2020: Sparkasse Bank Malta Plc bought 4.43% . Increased to 5.9% on 26/06/2020

2nd June 2020: Aberforth Partners have bought 6.66%.

9th June 2020 - Teleios Capital Partners LLC increased from 13.42% to 19.5%.

No recent director buys!!

[fenners66] 29/6/2020 10:31

Maybe that's what Karen meant by increasing basket size ..... buy a b'day card, be sure to stock up on "Get well soon " cards ....or worse.... at the same time.

[greatwhitefunkmaster] 29/6/2020 10:06

Bonkers customer limit at our local store - 9 when it should be 4 or 5 at most.

[mallorca 9] 29/6/2020 08:33

Oh dear

drip, drip, drip

[mallorca 9] 29/6/2020 08:13

Oh dear !

Rudderless at the moment, just drifting towards store closures and Administration.

[1novice] 27/6/2020 16:31

So I'm my town they are not using social distancing guidelines, no hand sanitizer and its a free for all with 20 in a space that at best should have 5 in.
As a result they are getting destroyed on local social media groups.
This will have a knock on effect.
Money over safety will not go down well. Especially when every other shop in town is following guidelines.

[fenners66] 26/6/2020 16:17

Thanks - went out of the all reports and the Annual Accounts options for June 20 and back to the front page - which has a small box saying recent results - and found them .....

[wiseman1967] 26/6/2020 16:12

Fenners66 - the 2020 accounts are posted (but for some odd reason not on the RNS part). If you go to their report and presentation tab and click 2020, they are there.

[fenners66] 26/6/2020 16:07

To be fair page 61 of the 2019 accounts says notice is 9 months

[fenners66] 26/6/2020 16:01

Wiseman1967
26 Jun '20 - 14:53 - 2493 of 2497

"Fenners66 - I agree it is better if people read stuff rather than coming up with conspiracy theories. Try page 70 of the latest accounts which sets out Karen’s notice period as 9 months. "

I would - I have been to their website - where the RNS 19-6-20 says

"The Annual Report and Accounts and the Notice of the 2020 Annual General Meeting will also be accessible later today via the Company's investor relations website www.cardfactoryinvestors.com."

But the latest accounts there is 2019.

A week later and still not added ?
Do they have a handle on anything ?

[fenners66] 26/6/2020 15:44

Wiseman1967
26 Jun '20 - 10:39 - 2485 of 2496

"More likely that the reason for the health insurance being in place to March 2021 is that the annual insurance period runs from 26 March 2020 to 26 March 2021. Simples."

Wiseman1967
26 Jun '20 - 14:53 - 2493

"Karen’s notice period as 9 months. Hence the 26March 2021 date. For the health insurance they will have stated that it runs to 26 June 2021"

So it was simples - until you changed your mind......

The only problem when we try and share information - a la Mallorca with his covenant info - is when the "facts" are misquoted or just wrong.

If she is only on 9 months notice I am surprised - that itself is odd.

[wiseman1967] 26/6/2020 15:30

Not the opposite - I agree I initially misread the dates in your post but the point remains the same that health insurance may be in place for up to a year as it is paid for a year in advance. You were the one suggesting a conspiracy that they had been negotiating her exit for 3 months.

[wiseman1967] 26/6/2020 15:26

Mallorca - I am sure they would have big struggle to survive if you were in charge...Take a look at your genius idea of it being "much better to pursue a 50% online strategy". They have GBP 432million offline sales and GBP19m of online sales. It is estimated (page 6 of the accounts) that the total online market is worth GBP180million - so even if they had 100%market share online it wouldn't get anywhere near 50% of their sales. There were 875m single cards sold last year of which only 8% were online (and 65% of those were personalised). That means 805million cards were sold in physical stores - where people want to buy them. Online cards are nothing new, I had lunch with Nick Jenkins to discuss Moonpig ten years ago - and online is still only 8% of the market by volume.

[fenners66] 26/6/2020 15:13

Which of course is the opposite of what you posted in 2485.....

[wiseman1967] 26/6/2020 14:53

Fenners66 - I agree it is better if people read stuff rather than coming up with conspiracy theories. Try page 70 of the latest accounts which sets out Karen's notice period as 9 months. Hence the 26March 2021 date. For the health insurance they will have stated that it runs to 26 June 2021 at the latest because it will be on an annual contract and they didn't have time to check what date it runs from as they wanted the RNS to go out in a rush.