Card Factory Share Discussion Threads

[simmsc] 09/2/2024 01:29

I do wonder what the market needs to see in order to rerate. No dilution for as far back as i can see (including COVID), op margins always been good (apart from COVID, obviously), revenue for last 6 years growing (apart from COVID), eps not far off restored compared to pre COVID. ROCE already restored to pre COVID. Free cashlow always been good as far back as i can see (inducing COVID). Ok, dividends can be re-introduced. We are all sold on this. But what is the market "waiting" to see?

[darrin1471] 08/2/2024 19:11

Date on which the threshold was crossed or reached 01-Feb-2024
Date on which Issuer notified 08-Feb-2024

"The shareholder must notify the company (and the FCA) within two trading days of the interest first arising or of any subsequent change. The company must notify the market by the end of the next following trading day."

[eeza] 08/2/2024 19:08

The last notification was 25 Sept 2023.

[premium beeks] 08/2/2024 19:02

So a way to go then.

[eeza] 08/2/2024 18:59

Reduced from 11.7% to 10.99%.

[terry236] 08/2/2024 18:45

You can tell PI’s have moved on, no one’s even mentioned Telios reducing by a percent or so.

[qackers] 08/2/2024 15:13

Sorry. wrong board

[harry_david] 08/2/2024 14:05

monte, thanks these figures are really interesting, especially to see some of the very sharp fund managers with large holdings. As you would know the holdings under 3% are not so accurate but it is the big ones who matter.

[monte1] 08/2/2024 13:18

Not sure that there is such a thing as a ‘normal range’ when it comes to ownership breakdown of a listed Company.

[darrin1471] 08/2/2024 12:55

monte1. Thanks for sharing.
"General Public 16.6% and Hedge Funds 11.6%". Would those figures be in the normal range you would expect.

[monte1] 08/2/2024 11:40

#5822

Not sure - as his last declaration was crossing 3% on the way down he doesn’t need to issue any further notifications unless he increases again - so he may have decreased further or be out altogether - or held in nominee account with one of the other named holders.

Here is the full ownership breakdown by type

Public Companies 0.135%
467,966 shares
Individual Insiders 0.183%
633,286 shares
State or Government 0.285%
986,000 shares
Private Companies 0.332%
1,148,303 shares
Hedge Funds 11.6%
40,105,587 shares
General Public 16.6%
57,472,137 shares
Institutions 70.8%
244,763,082 shares

[darrin1471] 08/2/2024 11:32

monte1: Would your list include private individuals?
Stuart Middleton (former creative director of Card Factory) reduced from 3.8% to 2.6% in 02/10/23 RNS or could his shares be held in one of the top 25 institutions?

[monte1] 08/2/2024 11:20

Top 25 holdings

Aberforth Partners LLP
12.5%
Teleios Capital Partners LLC
11.6%
Artemis Investment Management LLP
8.49%
JP Morgan Asset Management
7.92%
Jupiter Fund Management Plc
7.62%
UBS Asset Management AG
3.32%
Greenway & Company, Asset Management Arm
3.19%
HSBC Global Asset Management (UK) Limited
2.82%
Dimensional Fund Advisors LP
2.37%
Premier Fund Managers Ltd.
1.87%
HBOS Investment Fund Managers Limited
1.6%
BlackRock, Inc.
1.53%
Legal & General Investment Management Limited
1.49%
Barclays Bank PLC, Wealth and Investment Management Division
1.44%
A J Bell Holdings Limited, Asset Management Arm
1.19%
N.F.U. Mutual Unit Managers Limited
1.11%
BennBridge Ltd
1.09%
JPMorgan Chase & Co, Brokerage and Securities Investments
1.01%
Goldman Sachs Group, Investment Banking and Securities Investments
0.81%
Acadian Asset Management LLC
0.65%
IBG LLC, Asset Management Arm
0.54%
The Vanguard Group, Inc.
0.51%
Charles Schwab Investment Management, Inc.
0.48%
IG Group Holdings Plc, Asset Management Arm
0.46%
River Global Investors LLP
0.46%

[darrin1471] 08/2/2024 11:15

Teleios: I dont see any holding RNS since 29/09/2023 when they reduced from 14.92% to 11.7%

[darrin1471] 08/2/2024 11:08

roghart, lets hope the footfall in Plymouth is repeated across the country.

I suspect footfall data and spending data is sold in tiers before reaching free publications, allowing investors further up the food chain to take beneficial positions in retail stocks.

[roghart1] 08/2/2024 09:51

In this morning's local news.


“This survey confirms what our businesses and our footfall cameras are telling us. There’s still a lot of improvement work going on with hoardings still up in some areas of the city centre, but confidence is returning with a big spike in numbers of customers in November and December and that has continued into January.

“Footfall for the first four weeks of this year is up more than 10% compared to last year and last week was up 22% on the same week last year. It’s still challenging for retailers and, especially, hospitality, but overall spend is up as well.

[casholaa] 07/2/2024 20:50

hhahahaahaa

[premium beeks] 07/2/2024 19:37

That's what it says on the verse of my card ;)

[casholaa] 07/2/2024 19:19

One is quite enough, I wouldn't want two of them.

[crystball1] 07/2/2024 19:13

The LGBT+ customers are well catered for. I found a valentine card I liked for my wife until I looked closely realising it was from a wife to a wife.

[ggrantsu] 07/2/2024 19:11

i think what card factory serves is underrated and underappreciated by the market...i think of all the retail names out there it is understandably misunderstood.

for one the extent of the price differential is so large that fund managers in London probably struggle to understand the gap in demand it feels for its socio-demographic. it does a unique job of being able to create a really nice shopping experience for those on an xmas budget of £100 for 8 loved ones (more and more of the country sadly)...and secondly, the extent of cards buying that is female (to my knowledge it is +90% - this is barely ever mentioned). there is sticky loyal demand here - and its underpriced!!!

[premium beeks] 07/2/2024 18:53

I spent my usual 32 seconds choosing.

[chester9] 07/2/2024 18:35

So did I and a birthday card. £3.98. No wonder Clinton's struggling. Shop busy with people looking for the right romantic phrase.

[premium beeks] 07/2/2024 18:32

For info I put another 1.99 on the bottom line for Card Factory today.The wife will be made up with her Valentine's card

[harry_david] 07/2/2024 16:41

I bought a few more yesterday, I know news flow will be a little slow in the immediate future but like others here see it the fundamentals
are the draw card and one big seller provides us with the the opportunity.