Card Factory Share Discussion Threads

[longwell] 17/10/2024 10:19

Consistent buying, I have a very large holding so will not add any more.Expect it back into 1.10 area shortly. Great opportunity and rare opportunity that I regret not throwing more behind but I am over exposed already.May all your dreams come true

[devonlad] 17/10/2024 09:26

Ditto, 2m traded already, that's an average day over the last couple of weeks.

[ayl30] 17/10/2024 09:19

Upped my holding yesterday.

[bigbigdave] 17/10/2024 09:15

Chunky volume this morning Devonlad, some of them mine :o)

[devonlad] 17/10/2024 08:22

BBD could be, have added some this morning, wall of buying, hopefully they will move it north shortly.

[chester9] 17/10/2024 07:07

We were advised news on US and Australia 4-6 weeks from 24th sept. It's 4 weeks next week. If it's good the share price will soon recover.

[bigbigdave] 17/10/2024 05:54

Chart looks to be trying to bottom, no position as yet.

[bbonsall] 16/10/2024 22:29

Caveater
Card Factory has been trading through downturns and upturns and there is always plenty of demand for what CF does well. CF has never issued more shares and has hit a share price of £4 when its performance is about the same as now.

[caveater] 16/10/2024 22:11

Maybe the market thinks that once the economy picks up punters will spend their money in more upmarket stores, so the recent phenomenon is basically temporary?

[yump] 16/10/2024 13:23

There’s usually a reason for consistent valuation differences. Maybe having physical stores makes Card much less attractive. Maybe its just the future growth potential that is uncertain.

It would be interesting to see the customer profile for Card vs Moon.

[actscap] 16/10/2024 13:08

MOON 2.66x more valuable than CARD based on market cap. Even accounting for the premium you'd place from their excellent recurring revenues (89% from existing customers), the differential is too high.

[bbonsall] 16/10/2024 09:57

Yes Moonpig PE ratio is now 25 as its earnings per share is 10p.
Even if CF drop down to an EPS of 10p from the hoped for 14p it would still only be a PE ratio of 9.
Despite Moonpig daring to mention headwinds the share price still jumps 10%.

In any scenario CF has a much bigger turnover, profit and cash generation than Moonpig.

[ggrantsu] 16/10/2024 09:17

moonpig is now valued at over 3x the valuation card is.

that is just berserk.

[muffster] 16/10/2024 08:43

Moon up 9%.

[clem h fandango] 16/10/2024 06:00

Never seen the card thread so quiet. Seems the wrong knocked out of the sails of most here, or people have moved on to pastures new. The upcoming budget key for card. Employer NI won't be a positive but there may be other changes. There might of course be support for the high street! The big question will be "can CARD still hit their forecasts after the dust settles"? Well I'm still confident even if the market isn't, and at this price certainly worth a punt

[dennisbergkamp] 15/10/2024 22:31

Specially when compared to moon. Seems like a huge gap. Arguably moon may have more markets

D

[bountyhunter] 11/10/2024 12:16

Details of the interim dividend are now at the end of the header for future reference.

[bountyhunter] 11/10/2024 12:06

Here's the Shares Mag link re:

Card Factory correction looks completely overdone
We are sticking with the value-focused card and calendar seller despite share price slide
10 October 2024

[disc0dave46] 11/10/2024 10:45

Just read this weeks Shares Magazine (AJ Bell) where there's an article on Card. The write up is basically bullish. A snippet:"The sell-off looks overly harsh considering the company left its full-year 2025 guidance unchanged and declared an interim dividend for the first time in five years, suggesting confidence in the outlook.""Card Factory continues to look too cheap on a single-digit forward multiple of earnings".

[everton448] 11/10/2024 08:21

How rude and unnecessary. I continue to hold and hope the business succeeds, but I am not blind to risk

[actscap] 11/10/2024 07:45

Think a material miss to FY PBT is priced in. My view is the miss won't be as severe as priced in and the top line should continue to move up nicely given partnerships and the new product mix. Think there's significant upside here and limited downside, especially considering balance sheet has been strengthened and dividends resumed. I don't follow technicals so dropping in money periodically at these levels.

[grahamytrain] 10/10/2024 22:04

I’m with the deramper Everton, this is going down to the 80’s and like him I’m trying to get back in as low as possible and recoup my losses, hahaha

[disc0dave46] 10/10/2024 15:30

Net debt increased, cash from ops down 52%, cash conversion nearly half what it was, Capex down by over 50% too.Just can't see them making over 80% of their full year FY24 adj pbt just in H2, when Rev only increased 5.9% in H1. It's a big ask and will be well impressed if they pull it off tbh.Where do they get all their products from other than cards?, I'm guessing China, have you seen how cheap similar products are from the likes of Temu. You can't honestly believe their H1 numbers were good?. It hit my price alert so took a butchers at their interims and hence my subsequent doubts that they will hit forecasts.The BoD don't think it's cheap otherwise they'd be piling in and getting their Christmas bargains in early.

[bbonsall] 10/10/2024 14:49

Dd46
CARD churns out tons of cash, enough to reduce debts dramatically and now pay a decent dividend. Why should it be rated so much lower than its peers?
If expectations were for EPS of 15p it should have been trading near to 200p already. The disappointing first half EPS of 3p (revenue was up nicely though) might have caused a pullback to 150p.
This is ridiculous because it was not even priced according to expected 15p EPS in the first place.