Card Factory Share Discussion Threads

[lastchance23] 15/7/2020 14:29

fenners66<< they have revised covenants as in annual report and qualify for additional BOE covid support, as well as renegotiated rents with landlord. Anything said at this point is speculation both ways (positive or negative), however I think the mask wearing once people are used to it, may help the investment case.

lol dexringle, is mallorca 12???

I would like to see a knock knock on Mallorca's door :)...would make my day, anyone got any tracking software for a tip off to FCA???

[dexdringle] 15/7/2020 12:51

"snapper79 15 Jul '20 - 11:47 - 2553 of 2553

Not sure that some bloke on a forum is bound by FCA rules"

LOL ! It is funny how some people think the FCA are going to track down some bored 12 years old messing about winding people up on a tuppence h'appeny unregulated share chat forum !!

[snapper79] 15/7/2020 11:47

Not sure that some bloke on a forum is bound by FCA rules. Some funny stuff gets said on this forum.

[fenners66] 15/7/2020 11:30

Look back through the thread lastchance the at the covenant tests we discussed.
Whilst they have the liquidity now - the tests at least come January could well be failed.

[mallorca 9] 15/7/2020 10:49

Oh dear oh dear !!

..... and just wait until the survival measures are released.

Below 10p in August !

[mallorca 9] 15/7/2020 10:06

Could drop another 10p today !

[mallorca 9] 15/7/2020 09:55

lastchance

that's called ' the spread '!!

[lastchance23] 15/7/2020 09:46

There is some rigging going on, the sell price is 3p different to buy price.
I was going to add some but can't, either way looks like I timed my reduction right

[mallorca 9] 15/7/2020 09:16

Oh dear - the obvious 1st step- widen the spread and trap holders in.

Total wipeout obviously about to happen here.

[lastchance23] 15/7/2020 09:04

mallorca 9<< WTF is wrong with you, do you need pills???...

[mallorca 9] 15/7/2020 08:28

Oh dear

not too long now until total shareholder wipeout !

[lastchance23] 15/7/2020 07:55

Mr_spock<< I agree, I also have the works, I just reduced CARD as I got burned 6 months earlier, and I broke my 1% allocation rule averaging out, so just playing it safe. The works doesn't have a meaningful market cap but I'm hoping people like the business and it scales up, I think its quite niche, lot of people into crafting and good value books, kids games etc.

[mr_spock] 15/7/2020 07:34

I think retailers like CARD, Wilko, the Works, B&M, will survive and do well on the high street. They sell cheap product; you can't buy much cheaper online. Rents will come down.

[fenners66] 15/7/2020 00:11

"Is that the hokey cokey investment model ?"
LOL

[dexdringle] 14/7/2020 20:19

Sound advice.

[lastchance23] 14/7/2020 19:53

dexdringle<< I do like the hokey cokey, but...

I was considering how I would feel if the share price went down, bearing in mind I reversed a 3k loss buying the dislocation, and I realised I would not be a happy bunny, so better take some chips of the table...

I think the advice when your not sure is to reduce 25%, but I went for 50% and did the full hokey cokey because it was a serious relief to buy the dislocation. No point being greedy, it didn't help goldy locks and the three bears :), but I've still skin in the game, so until the market outlook improves I'll see what happens with this game of musical chairs...

[dexdringle] 14/7/2020 19:35

"lastchance23 14 Jul '20 - 19:19 - 2537 of 2537
Well I'm half in half out..."

Is that the hokey cokey investment model ?

[lastchance23] 14/7/2020 19:19

Well I'm half in half out, I made my money back on the dislocation, so I'm not bothered either way now, I'd actually prefer it drop to 40 again, as 50 is a clear resistance level, but you can't hold off margin calls if market gets worse. People sell anything if this goes bear, so from a risk perspective I can find other bargains.

This is similar charting to Capita, and they keep getting screwed on pullbacks, either way Ill run with what I have left in the kitty, least I have some cash on hand.

[monte1] 14/7/2020 18:55

I hate following through, I do, me.

So does my dry-cleaner.

[lastchance23] 14/7/2020 18:52

I sold half my holding today, do you honestly think this will hold at 50p??? I have never seen this before, from a technical analysis you would assume a pullback with market conditions. My position was too large anyway, if it goes up Ill make do with what ever follows through.

[snapper79] 14/7/2020 12:24

Grow up fella.