Card Factory Share Discussion Threads

[bbonsall] 26/4/2024 16:37

The market will be when dividends start rolling in.

[everton448] 26/4/2024 15:06

In January the price dropped circa 10% on strong results having risen into the news. Makes you wonder what will happen on Tuesday. Could be below 90 even on very good news. The market just is not interested in this company.

[beachbum1978] 26/4/2024 12:42

Don't let the truth get in the way of a good story :-)

[casholaa] 26/4/2024 12:29

Pigs don't fly -lol

[bbonsall] 26/4/2024 12:09

Perhaps they are rotating into CARD. Maybe why the share price is still being held down to help them pre results.

[beachbum1978] 26/4/2024 08:51

City snobs are obsessed with Tech. If they actually went out into the real world outside of London they might actually notice things like CARD, take it in, look around, observe.

A third if not half the inside of the stores are gifts and other celebration items now with higher margins and growing basket price. I actually thing their 'Brand Name' doesn't do it justice anymore. Suggests just 'cards'

However with a growing online presence as well the future is very bright. I wouldn't even class MOON as a serious competitor, they have an online ceiling IMO.

Over a 1000 stores, with a virtually integrate production and distribution, and growing online presence, it's no wonder the big boys dumped £25m of MOON shares yesterday.

[amt] 26/4/2024 06:31

If card has EPS of say 15 then on pe of 15 that's a share price of 225p

[amt] 26/4/2024 06:29

I notice that Moonpig is a smaller business with less turnover and profit than Card but has a 50% higher market
Cap and on a pe of 15. Seems anomalous to me.

[thisaintme] 26/4/2024 06:15

Re: Moonpigs drop..

Moonpig tumbled on Thursday after a number of shareholders placed around 25m shares in the company at 160p each, which is a discount of just under 10% to the closing price a day earlier.

According to Bloomberg, the placing represented about 7.3% of Moonpig’s issued share capital.

Shares were placed by Exponent Private Equity LLP, LCP VIII Holdings, Strategic Partners VII Investments, LGT Capital Partners, GoldPointPartners, K Athena Investments No 40 Limited, Storebrand International Private Equity and Aberdeen Standard Investments prices.

[amt] 26/4/2024 06:09

Debt of 140m isn't that big a deal when racking in well over 100m of cash each year.
Anyway net debt is half that.
Plus they have reduced overall debt by 100m since 2020.
They are choosing to invest for the future rather than payoff debt all the debt in a hurry.

[s34icknote] 25/4/2024 23:03

Debt was around 140 million !!!!!!

[s34icknote] 25/4/2024 23:02

Pre covid !!!!!! -- Total ordinary dividend per share, including proposed final, maintained at 9.3p (FY18: 9.3p) -- A special dividend of 5.0p per share was paid in December 20

[elsa7878] 25/4/2024 21:18

I'm expecting to hear about both a dividend policy for this year - say 5p and an immediate buy-back of £15-£20 million. They can easily afford it. News on progress on their partnership negotiations would also be welcome.
See Moonpig down 12% today. Cardfactory now finally seems to be fleshing out and actually initiating an online strategy (I've had 3 emails in 10 days). A large market to go after and a huge customer base means a well formulated strategy should be able to drive substantial additional sales at virtually no cost.
Roll on Tuesday.

[napoleon 14th] 25/4/2024 16:58

Took a few more today.

[haroldthegreat] 25/4/2024 12:12

I think it would be wiser to put a brand name on all their cards rather than Card Factory . Most of their other cards have their own other brand names on . I don't think anyone would think the person was not a sucker !

[grahamytrain] 25/4/2024 09:28

I think more than 10p once it reaches the shop and other parts of the process have taken their cut…..but for Card Factory you would be nearer the mark with its vertical integration set up…..paper mill to retail outlet….very efficient, little waste. How this isn’t double what it is I don’t know but hope I am still holding when it’s potential is fully appreciated.

[amt] 25/4/2024 08:22

Basically cards in most shops are massively overpriced.
I doubt a card that sells for 2 or 3 quid costs more than 10p to produce.

[bbonsall] 24/4/2024 23:31

htg
Card Factory cards are reasonably priced because they are verically integrated and produce their own cards. The quality is not cheapskate and is comparable to cards at twice the price elsewhere.
One should be proud to send cards with their name on the back because it proclaims an intelligent shopper who is discerning and not a sucker!

[haroldthegreat] 24/4/2024 21:49

I go past a card factory shop about 3 times a week. Today for he first time ever they have a sign outside saying buy 3 get one free on all cards . They often have offers 10 for a £ or 5 for a pound or 4 for a pound but these are usually on a single section of cards . I disagree with them putting Card Factory on the back of some of their cheaper offers as it shows the sender is a cheapskate buying cheap cards .

They obviously have a very high profit margin on their cards and can afford a 25% discount but this is a first !

[bbonsall] 24/4/2024 16:43

And that would still be low for a company churning out this level of EPS and cash generation. It is outstripping Moonpig as far as revenue, profit and cash generation goes.

[casholaa] 24/4/2024 14:48

185p is the base in my mind but I've been wrong many times before so dyor etc

[elsa7878] 24/4/2024 12:44

Liberum put out a broker note saying they thought it could double. Think that was the reason for the rise initially.
Results are on Tuesday.

[billy rector] 23/4/2024 14:59

Had enough time now ya mug.

[havinthelasttoast] 22/4/2024 10:41

Give it a chance ya daft mug

[caveater] 22/4/2024 08:56

And the market has spoken...modest rise, due to impending results April 30th, not takeover talk. But hopefully still a steady climb till we find out the full results.