Card Factory Share Discussion Threads

[simmsc] 15/7/2024 08:20

And give this a more sensible valuation :-)

[harry_david] 14/7/2024 13:13

The good news for us is that whenever somebody plumps for moonpig it immediately attracts enquiries for Card. So says my broker, he is of corse a Card supporter. There will shortly come a time when Moopig is regarded as overpriced, hopefully comparisons will stop then

[s34icknote] 12/7/2024 10:03

Larger buys coming in

[leeson31] 11/7/2024 16:56

hxxps://www.linkedin.com/posts/card-factory_cardfactory-theretas2024-activity-7217193041894223873--J8S?utm_source=share&utm_medium=member_android

From LinkedIn... small fyi..

[someuwin] 11/7/2024 12:10

CARD get a good write up in Shares Mag today.

[ggrantsu] 08/7/2024 14:58

starting to get real traction now...retail report at cannacord was a sector initiation with card the most preferred pick out of entire report.

the thing to note from both cannacord and berenberg is the margin of safety on offer...think berenberg's downside case still got us to 125p...in line with peel (who just do not like card; I contest strongly their 'moonpig eats lunch' thesis is absolute garbage - as does berenberg and cannacord).

i was getting frustrated with share price but in particular the berenberg report (which is 57 pages long) went a long way to reassuring me that this is just fundamentally massively mispriced.

[beachbum1978] 08/7/2024 14:29

Another new Broker rating from Canaccord.

Its preferred mid-cap pick is Card Factory, rated ‘buy’ with a 185p price target, which it said offers a multi-channel growth opportunity in the UK and internationally as the business focuses on the large non-card, gifting and celebration market.

[beachbum1978] 04/7/2024 09:41

Berenberg starts Card Factory with 'buy' - price target 154 pence

[fft] 02/7/2024 08:09

Bizarrely, MOON is up today while CARD is down. Given the SHOE read across it doesn't make sense !

[kaos3] 02/7/2024 07:17

specialist retailers have costs pressures ... shoe today... if staff is producesd overseas. card is in a big proportion immune. love it. card will shine in the end.

[everton448] 28/6/2024 10:54

MOON Market cap now close to 690 million. CARD 319 million....

[omron] 27/6/2024 09:50

Interesting results for Moonpig - similar growth to CF, smaller from a sales point of view but similar gross margins and same number of shares. Moonpig now trades on a PE if 17x - applying that to CF would give a share price of 238p...Given that Moonpig is preferred by the City to CF (even though I believe CF is the better business) the divergence in valuation multiples may lead to Moonpig bidding for CF - I doubt they will get this sort of opportunity again!

[caveater] 27/6/2024 03:12

Doesn't seem to be benefiting the share price though....4.5p dividend then share price drops 6p.....just cannot fathom out this bloody share!

[bountyhunter] 26/6/2024 21:19

Good point, 4.5p/share, it's good to see dividends resumed with the pandemic behind us. The previous dividend was paid on 19th December 2019.

[peteret] 26/6/2024 15:32

Pay day in 2 days

[bountyhunter] 25/6/2024 20:04

"..on 24 June 2024, the Company's CFO, Matthias Seeger purchased, in aggregate, 39,226 ordinary shares of 1 pence each in the capital of the Company ("Ordinary Shares") at an average price of 95.6 pence per share.

This share purchase was made pursuant to the requirement in the Company's Remuneration Policy requiring one third of bonus payments (after tax) to be invested in Ordinary Shares, where the minimum shareholding requirements are not met."

An obligation but presumably the CFO thinks this is a good time to buy.

[caveater] 25/6/2024 19:37

Same as the CEO, why won't these greedy gits get their hand in their own wallets and buy buy buy and show some commitment!!!