Card Factory Share Discussion Threads

[redirect12] 29/9/2020 07:45

Don't know what you expect it sells cards it's not b and q
All factored in and to be fair compared to the rest its done ok

[babbler] 29/9/2020 07:43

Short by any chance?

[fenners66] 29/9/2020 07:22

How can they think on any level that quoting

Like for Like stores sales down 4.4%

is giving a clearer picture of results ?

Stretching the BS to new levels !


The "REAL" stores result was....

Stores (UK & Ireland) £m 85.3 187.0 (54.4%)

I did not believe the 4.4% but had to trawl a long way down to find the figures and even then the 4.4% LFL is repeated !!

Absolute misleading BS !

[longwell] 29/9/2020 07:19

Great update.

[porsche1945] 24/9/2020 16:45

I would in fact completely ignore the news, reacting to it is daft. These wont recover until the dividend reinstated, if they can get some decent management in after the deadbeats they have had these last couple of years this could recover well. The high st in U.K. is pretty much finished (like the brexit fiasco of a country in general) but card shops should be ok. This year is a write off just best to ignore. They are not paying any rates, can borrow for nothing, can push down on rents, it will be the end for any more rises in minimum wage from this imbecile government as 2/3 rds of companies now looking to cut wages. If there is a vaccine, get through the winter, could all look very different. In hindsight I should have dumped these on the way down but may as well wait now. I owned Ferrexpo a couple of years ago that went down to .20p, within about 18 months had gone to 3.20, same with Anglo, went down to 2 quid, eventually sold them at 23. Just got to leave these and wait for normal service to resume. A brexit deal from these axxeholes would help, any deal, doesnt have to be any good, its a damage limitation exercise now anyway. Seems all the real money fleeing UK anyway.

[lastchance23] 18/9/2020 12:29

I am holding my base position, but I am mainly looking at other distressed assets on the way down and adding incrementally, hard to see the bottom at the moment, but where travel is concerned we seem to get a month of quarantine/restrictions/fear followed by a month of vacine, hopes, stimulus dreams.

Stay in the game just keep your position size sensible and add/reduce according to news.

[fenners66] 18/9/2020 09:41

redirect12
18 Sep '20 - 07:44 - 2812 of 2812

"Retail sales up to pre lock down so should look promising for results"


Retail sales - includes online up 46.8% higher than in February
and High Street sales down struggling to attract customers after
lockdown measures were eased nationally.

For example clothing shops down 15.9%

Bright points apart from online - DIY up 9.9% and we all know they are out of town not High Street.

So it does look promising for results..... for Amazon


Not for the High Street retailers like Card.

[redirect12] 18/9/2020 07:44

Retail sales up to pre lock down so should look promising for results

[fenners66] 15/9/2020 11:43

Conversely is it taking much selling to take it down?

[lastchance23] 08/9/2020 14:46

Well think you can thank sunday share tips, aviva and vodaphone also responded.

Whether its a fake out or break out I don't know; I am tempted to ride the momentum, but my position size is enough. I am also tempted by the works, but its not liquid share, not meaningful cap. I do prefer works prospects as less stores (500), more diversified product range, but again we have no control here over lockdowns.

[garycook] 08/9/2020 12:45

Card Factory: Liberum reiterates buy with a target price of 100.0p.

[lastchance23] 07/9/2020 04:04

position size was slightly too big, I will add back, but potentially wait to see if there's resistance. This is a common theme, very surprised March prices are being retested. I think share price will build leading into results whether its positive or negative, that's what happened with the works and with SAGA.

[fenners66] 06/9/2020 20:06

If you think share price will reach 30p - are you selling and buying back ?

[lastchance23] 06/9/2020 17:02

kaos3<< agreed, this is about strategy and direction, not numbers.

If they only had 500 shops like the works then I would hold a larger position, but I want to see how deliverable things are in the changing landscape. That being said school and office workers going back, so hopefully some pent up demand and foot flow.

Think share price will taper off around 30p, then creep up into results on 24th. Not sure whether FY guidance is planned.

[kaos3] 06/9/2020 14:59

this Co is a great business which needs a great leader - not a CFO "genius"

[lastchance23] 01/9/2020 18:50

stevieb2190<< cracking insight, posted twice, about as reliable as a bank rigging scheme.

mallorca<< look at the pattern, look at the market, look at the date of results. pre-emptive sell off before results in a very bearish UK market.

Also, remember I mentioned you look at SAGA about two months ago, UP 80% first thing, I sold around 65% as wasn't fast enough, kept a base position...Still sure I'm wrong???

[lastchance23] 27/8/2020 09:08

Here is a link to The Works trading statement hxxps://www.theworksplc.co.uk/investors/regulatory-news

They are making more online provisions for Xmas, similar increase in basket volume, marginal loss, good cash position. Still opened 37 more stores (500 originally). I like the product range at works, fair value estimate is 26p, usually trades above. I will be looking to add if can get in at 20p or below. Useful insights in relation to Card, Cards major problem is too many stores, hopefully management will be prudent in decisions and continue to focus on scaling online.

[hardupfedup] 27/8/2020 08:30

err 2 staff actually --- both being kept busy --- massive gross margin here -- ohh yes lights rent heating -- i think thats called running a businness -- value will out in the end imo