hpcg, yes, that is a good point. There will be some up-lift, and some benefits, but it is a net negative for the 12 months ahead, definitely. Perhaps, it will benefit the survivors in terms of consolidation. I and several others have noted that the real wage increases are coming in heavy at the lower-end.
That being said, the cost base is also already seeing some favourable moves. Let's hope they persist. Given most of the heavy lifting has been done here with the efficiency programs, I am cautiously optimistic that the guidance is conservative here. |
 Chester, you see that's where I differ from these people. I'd rather put my money into one or two good ideas that I understand fully and ignore price movements for the most part than take a spray-and-pray approach. Sure, I wish I had sold at 1.40 when we were about fair value, but I'm still up considerably here and have just purchased more as nothing really changed between the two price levels. Honestly, there's nothing in that guys blog that I've come across that has ever been anything but obvious, or in other blogs, and I think that is likely anyone could have beaten these guys returns over the last 10 years by just buying the s&p. That statement probably holds for most for periods of a decade or more.
I don't know about the others, apart from a couple of them are actual funds run by many people, but these guys like to talk like they are investors and throw out the sound bites and quotes, but their actions often resemble that of a trader/punter, and they get trader's returns in general. I think what I've read of Harwood sounds sensible but I'm still not going into the same areas as I don't understand them. I see these guys go from one stock to another like it's the hokey-cokey. There is no way they are doing thorough research and have a comprehensive understanding of what they are looking at. They mostly just paraphrase snippets from the disclosures. What differentiates this behaviour from a punter at the dog track who knows a bit about the dogs?
I have honestly never lost money on a investment (likely I will) and I have very good returns for the short-period I have been invested. Albeit, it was easier when everything was selling cheaply because of COVID.
I actually don't think it is better. It just adds additional distraction to people and convinces them that they need to be tuned into every bit of information available every day. People woke up yesterday and bought cards. They woke up today and bought cards. They will wake up tomorrow and buy cards. The business has been analysed and doesn't constant attention here. If you listened to that blog, you would have been in at around the 1.20s, out below 1.00, back in at over 90p and out again in the 80s. That's called negative value. You also would have lost 50% on IGR. |
Shareprice has drifted down 12.5% since the positive trading update 2 months ago. FY results not due for another 7 weeks (7 May). Meantime, current broker forecasts have eps at circa 15p, which projects a forward PER of just 5.5 with a current dividend of 6.8%. Very undervalued IMO ! |
Market closed to buyers on Spreadex, and has been for a few days.Close only. |
Agree with h many of the thoughts here. Take all views on board, polarisation is never a good thing and being aware of the risks is always good. |
Tbh, people should do their own research, never rated other people's. Glad I did my own on IGR because he got that one terribly wrong. It was one of the worst tips I've seen. Crashed in in a couple of weeks. But then he could be pumping and getting out before. Nothing against the guy personally, just never rated anything I've SEEN, but that goes for most tipsters.
GT, you're right.
Let's move onto the company again. |
I'll not argue with that. However isn't that how most analysts work?I don't think anyone is in the market for charitable reasons! |
CR knows stuff so he does |
Who is CR? |
Hey, if he's highlighting CARD to his followers then yes! |
All hail CR.
For some reason. |
Some positive soothing noises from CR in latest newsletter - screaming buy on current figures with a few caveats.Have a good weekend all |
Agre on rates reforms, especially in the light of Corp tax and NI rises
D |
Rates reform is essential. Otherwise town centres close and retail parks take over. Tumbleweed in the high streets.I think that card factory works best when surrounded by up market shops. Why ? Because it is cheaper than the other shops. But, it would be interesting to do a demographics survey on customers. Do card factory do best in affluent towns surrounded by high end shops or in towns where all the department stores have left and the high street is full of Poundlands and other discount stores ? Or, is there future in retail parks ? Mgmt probably will never disclose those figures, but it could be a fascinating snapshot of the UK. |
That is definitely true if it stays vacant, but there's a good chance something more attractive with less crossover moves in. With B&M, Home Bargains etc, the high-street is not short of these shops. They are opening a Dunelm in my local one, and if they open up something just as unique, it could be a bonus for everyone, including consumers. They should hurry up and get the rates reform done. Young people also need to get out more, so it would be nice to see the stuff young people want coming back to the high-street. Let's hope that the government realise the social value that comes from having a strong and diverse physical retail offering. A mix of traditional shops with good and money-friendly experiential stuff should be the blueprint. |
But the caveat is
No high street shops means less foot fall for the shops actually remaining,
Small towns are becoming ghost towns. |
Poundland and Card overlapp in some areas such as office diaries and calendars to mention just two, so if Poundland does close it's 825 stores that can only be good news for Card. |
If Poundland goes that could benefit Card, especially for the non-card merchandise. |
First WHS now Poundland! 825 stores to be sold off.. |
Unless there's alcohol in cards that definitely doesn't apply, and it's an EU tariff anyway! |
200pc tariffs on U.K. cards mooted lol 😂 |
This is from Paul Hill, someone was asking the same thing.
Paul Scott & I discussed this apparently legal 'market manipulation' (re lots of small trades) a couple of weeks back on our Friday web/podcast. Indeed the same issue was also artificially pushing shares in Tracsis down on low volume.
Wrt why & who?
This (unfortunately common) tactic is called "Shaking the Tree" & usually rolled-out by 'traders' during times of maximum uncertainty. In turn stressing out 'ill-informed or inexperienced' private investors who get spooked about the sharp price falls - and then wrongly sell at the low point to the trader, who bags the profit when the stock ultimately rebounds. |
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