Card Factory Share Discussion Threads

[premium beeks] 14/2/2024 10:11

Did you not see my caveat re: observation?Although comparing life's essentials with the gender bombs and "happy 30th Grandma" signs from CF is pushing things a bit!

[casholaa] 14/2/2024 09:58

@Beeks, don't you watch the telly news??? Yesterday, it was pointed out that one in three people have less than £1000 in savings. If primark and shops like it, weren't around, I bet there'd be civil unrest.

[premium beeks] 14/2/2024 09:26

Outside of cards, the rest of the store is.

[hardupfedup] 14/2/2024 09:21

alot of people say that, I don't I think they sell good cards at very affordable price

[premium beeks] 14/2/2024 09:13

The other Card Factory in Doncaster was stacked yesterday. Was looking for a quality picture frame, sadly CF don't do quality and I headed to Next and got one.CF sells cheap tat to the masses. Thats not a criticism, just an observation.

[hardupfedup] 14/2/2024 09:05

I noticed home bargins selling cheap cards don't know if that's a new thing, or who supplies them

[chester9] 13/2/2024 15:43

I did a side by side comparison Card 8 customers and Clintons 8 customers.Normally 8:1 so there is the underlying I'll spend a bit more on perceived quality on key dates.

[casholaa] 13/2/2024 13:12

I hope so. My local was busy as usual on Sunday, it was mostly women...

[s34icknote] 13/2/2024 12:57

Tills ringing for valentines !

[everton448] 11/2/2024 12:10

You will only now how bad when I tell you I live in London and it was a 7 hour return journey via a rail replacement bus from Grantham for the privilege of watching them lose!

[premium beeks] 11/2/2024 11:57

Always had a soft spot for Tranmere - since Mr Aldridge took up residence there in the 90's.

Although you know things are bad when you have to travel to Doncaster for a game!

[everton448] 11/2/2024 11:25

Hahaha! I was visiting on my way to the Eco Power stadium to watch Tranmere get beaten! At least the Card Factory footfall cheered me up. I do think there is something in the idea that affluent London based investors have little idea in the power of a value offer to predominantly working class shoppers. They've really found themselves a pretty resilient niche on the high street.

[premium beeks] 10/2/2024 21:29

That's my local as well Everton!We seem to be propping up the share price between us :)

[everton448] 10/2/2024 13:23

Well Card Factory in Doncaster was extremely busy - three on the tills and queues 10 deep. I know it is anecdotalism but just in case anyone is interested!

[elsa7878] 09/2/2024 13:54

I agree. A mixture is preferable. As GG says it is so undervalued that buying back shares is immediately very accretive to earnings and in this instance will help to take out our persistent seller. Dividends are also appealing to income investors but clearly are taxed.
If they make £45 million plus post-tax, allowing for paying back some debt and capex then they should be able to afford £30 million for a combination of the 2.
Say £15 million dividend = 4.3p and a decent near 5% yield.
Also £15 million for buybacks.
If I could speak to the FD/ CEO that's what I would advocate. Speaking to any of the management is impossible and believe me I've tried....

[riverman77] 09/2/2024 13:18

Not averse to a mixture of dividends and buybacks. But dividends always better since investors then have the option to buy back shares themselves (ie reinvest the dividend) if they think they're undervalued.

[casholaa] 09/2/2024 12:47

@Omron, I'd rather they could get rid of Tranche 'B' next year. I think that a buyback would be super beneficial before they re-start divis.

[peteret] 09/2/2024 12:44

I held shoe zone for a while in a similar bracket to cf. They were 70p then when dividend restored shot up now at 245p

[omron] 09/2/2024 12:40

Ggrantsu - fully agree that CF should be buying back shares - perhaps they can approach Teleios?

[ggrantsu] 09/2/2024 11:56

riverman...completely criminal for this company to pay out dividends when the valuation is under 6x...they should be buying back shares with both hands! i just do not understand how anyone invested here can think dividends are the way forward for the time being...they could do something extraordinarily accretive right now with the valuation as it stands. madness - one of the issues with the UK market, this obsession with dividends.

[ggrantsu] 09/2/2024 09:19

all depends on how much this fund want to trim down to...if i were to guess the calculus it would be: they bought a chunk pre covid, so they obviously liked the business when it was being managed badly and a much higher price vs. today (1.50ish)...then when covid hit they had to triple down to make money on it (hence taking 20% of the company). they've made a decent amount of money on the post covid tranches so its understandable they want to release capital...

however, conscious of the original tranche they bought - which was a very different investment to post covid. surely the fair value of this business has increased quite a bit since just before Covid given performance of new management and new growth initiatives...

i'm happy to hold a large chunk in this if in fact they want rid of it all...but definately not expecting any north facing movements in the near term as clearly this will be massively held down by the selling, and the effect the uncertainty has on everyone thinking of buying.

[riverman77] 09/2/2024 09:10

The market is waiting for news of the dividend being reinstated - that should drive a rerating. Nevertheless, Teleios still hold around 10% and it took them months to go from 20% to 10% - assuming they want to be fully out then this could take a while (although if the market picks up they should be able to sell more quickly).

[eeza] 09/2/2024 07:26

A TR1 from Teleios that they've gone to Zero, for one.