Card Factory Share Discussion Threads

[colin1037] 07/3/2021 16:59

The could explain why the share price went down on Friday!
hxxps://www.thetimes.co.uk/article/card-factory-seeks-rescue-funds-to-survive-pandemic-302m76k7h
Consultants from Deloitte are understood to have approached specialist lenders asking to borrow £100 million, half of which would be used to repay Card Factory’s existing debts. After those discussions ended without agreement.
This could explain why is taken so long to sort out the refinancing, with existing lenders!
Also I don't understand why the company would not issue a Right Issue, as this would a help CARD FACTORY through difficult time?
We will see what happens on Monday, how the information has been received

[kaos3] 07/3/2021 09:12

fair reasoning,
political A

for a bigger capital ( directional is a must for a small one) it would be a good idea to do probably both (L&S) and wait out

risk reduction & exposure at the same time

[wiseman1967] 07/3/2021 09:00

I think shorting Moonpig before its maiden results, likely to show up to 80m gbp ebitda, is dangerous. The share price could spike further as some numpties may extrapolate the growth from 44.4m to 80m. I can see the MP share price hit 500p - that is the time to short.

[wiseman1967] 07/3/2021 08:49

I think you will find it is a bit of both. Card Factory and Moonpig both have 340m shares in issue and 150m GBP of debt which makes a direct comparison easy. Card shares closed at 61.5p whilst Moonpig closed at 414p. On an EV basis, Card is worth 360m to Moonpig's 1550m. Pre pandemic Card had four years of ebitda between 80-100m, taking the latest figure, 80m, it trades on a pandemic look through ebitda multiple of 4.5x. Meanwhile, the last ebitda for Moonpig was 44.4m GBP (April 20), it may hit 80m this year but I expect it to settle back to say 65m after Covid. That is an ebitda multiple of 23.8x. CF online offer is currently less good than Moonpig but has more growth potential as a result. Which would you rather buy?

[spectoacc] 07/3/2021 08:15

Have you considered that Moonpig is grotesquely over-valued, rather than that CARD may be cheap?

[crazi] 05/3/2021 15:42

Yesterday down 5% with more buys

This morning was more buys and down another 5%

This afternoon the sells increase as the market makers are manipulating the hell out of this and they drop it another 5%... 10% drop today alone for absolutely no reason at all...

These MM's are way too corrupt for me... I'm out for now. Should be heading over 100 with shops opening next month so I will buy back in when this manipulation stops...

Directors should fire the In-House Brokers. Get some new blood...

[crazi] 05/3/2021 13:35

Oil stocks up between 6% and 12%
Banks up 3%+

You wouldn't believe this was at 80p two days ago...

[srpactive] 04/3/2021 16:42

RNS

Teleios moving over 20%.

dyor

[crazi] 04/3/2021 13:36

I reckon there are a fair amount of short positions wanting to close out with restrictions getting lifted soon.

So if you want to bank any profits - sell - do it now.

That then only leaves holders, new buyers and Shorts having to cover and all 3 of them will force these MM's higher when they have finished their little mind games...

£1+

[tell sid] 04/3/2021 09:12

Think he is referring to the chart pre Covid which indicates at least 150p looks achievable again once the shops reopen. Meanwhile the online sales have been growing strongly which is a positive.

[crazi] 04/3/2021 09:09

Well with these Market Makers pushing the price down 5% because more people are buying than selling it makes you wonder what's the point.

So if we all sell - will the price go up? PMSL

MM's are so corrupt!

[spectoacc] 04/3/2021 09:04

Think that's the price of the cards.

[snapper79] 04/3/2021 09:01

And where have you pulled that target from?

[city chappy] 04/3/2021 08:51

CARD shops reopen 12th April. Target 175p to 200p.

[crazi] 04/3/2021 08:22

More buying than selling this morning and yet the MM's moving the price down rather than let it rally...

If holders HOLD and don't offer their stock then they will have no choice but to push higher and get the price back over 100 with shops opening up next month...

[reidy66] 03/3/2021 15:21

And we're blue

[crazi] 03/3/2021 15:20

On a roll - heading back towards 80p...

[city chappy] 03/3/2021 15:17

Today's budget:1) Furlough scheme extended to end of September.2) Restart grant for shops of £6000 each.3) Recovery loan scheme up to £10m per business with govt guarantee up to 80%.4) No business rates payable until end of June then discounted thereafter.5) VAT relief continued, then only 12.5% until next April.Massive help for shops!

[city chappy] 03/3/2021 15:15

Time for BREXIT Britain to boom.

[ken chung] 03/3/2021 13:15

Nupty cc forgot to mention minium wage increased to £8.90 per hour from April for adults age 25.

[thomstar] 03/3/2021 13:15

= blue finish!

[city chappy] 03/3/2021 12:51

Today's budget:1) Furlough scheme extended to end of September.2) Restart grant for shops of £6000 each.3) Recovery loan scheme up to £10m per business with govt guarantee up to 80%.4) No business rates payable until end of June then discounted thereafter.5) VAT relief continued, then only 12.5% until next April.Massive help for shops!