Card Factory Share Discussion Threads

[nurdin] 11/8/2016 07:53

H1 is always weak...in line with expectation imo

[spoole5] 11/8/2016 07:50

Challenging trading conditions and no organic sales growth. Could be a difficult day.

[silverfern] 10/8/2016 09:53

Thanks all. I take all points on board and am holding.

[dixies] 05/8/2016 17:41

Trading update is on the 11th Aug. Interims on the 27th Sep.

[value king] 05/8/2016 16:49

Trading update due next week [Mon?].

Fingers crossed.

I'm currently well under water.

[paleje] 27/7/2016 16:08

Agree on all points Aishah but the clincher for me was Hubberd throwing £100k @ 310p/share into the pot *after* the brexit result was known.

[aishah] 27/7/2016 09:21

Have added recently on this dip. Highly profitable, excellent OP margins, a 7.5%+ yield and special divis in the pipeline. dyor

[smokybenchod] 27/7/2016 07:02

Silver fern if you do the math on the unhedged 32%, if the pound stays weak, it will impact EPS this FY. It's the next FY where it could have a large impact due to lack of hedging if we see continued weakness in the pound although hopefully it should have recovered a little by then. Think it all depends on how long Brexit is dragged out. The sooner we see Article 50 the better.

[paleje] 26/7/2016 16:53

Karen Hubbard would obviously be aware of the currency implication yet she bought ~£100k worth of shares 3 days after the Brexit vote and the £ plunge. There should be a trading update in a couple of weeks, we should get an idea of how confident they're feeling.

Peel Hunt reissued their 500p target since Brexit and had the following comment on Citywire:-

Card Factory (CARDC)

If consumers turn to value retailers in a difficult post-Brexit UK economy, a stock like cards, gits and party supplies store Card Factory, should do well, according to Peel Hunt.

Four of their analysts named the stock as one of their best ideas, and with the shares down 11% in the ‘Brexit’ sell-off, they now yield around 7.3%.

‘Card Factory is well placed to make the most of the extremely strong value-for-money image it has developed,’ it said.

[silverfern] 26/7/2016 07:33

intersting, but they seem to know they buiy in dollars! "At the date of this announcement, cover is in place for 68% of the anticipated FY17 US Dollar cash requirement (assuming all structured options are exercisable, which would be the case with Sterling above $1.3425) at an average rate in line with our standard budget rate of $1.60 but marginally below that achieved in FY16."

[smokybenchod] 22/7/2016 10:39

Take a look at this weeks pound vs dollar chart, and then this weeks CARD chart - virtually identical! Looks like the share price is essentially following the pound vs currency chart at the moment.

[smokybenchod] 17/7/2016 08:46

Take a look at the annual report. Circa £70 million cost of goods imported in U.S. Dollars. Currency is partially hedged this year (although by my calculations will still knock a few million off profit) although if pound stays low this could impact EPS further in coming years hence the share price drop. DYOR.

[silverfern] 01/7/2016 16:26

THis is a bargain, so I bought more today

[bingham] 27/5/2016 09:06

Hope so silverfern bought in on Wednesday so thats why there down since.

[silverfern] 27/5/2016 08:48

AS no posts since the tradig statement...I htik this is agood entry point right onw. We know consumer demand is sluggish and will be til the referandum. Then I suspect a bit of pent up demand will filter into even card buying. I expect this company to do well over the next year with new store openings and have bought in- maybe 20-30% upside

[hawaly] 09/4/2016 10:23

Thanks grinder :-)

[grindertraderuk] 09/4/2016 09:22

Phil Oakley an analyst and writer for Sharescope and Sharepad has just posted an educational article on reading a full year results statement. He has used CARD factory recent results as an example. The link is here.

[molatovkid] 07/4/2016 07:42

Should keep pushing on today....excellent recent figures!

[nfs] 05/4/2016 15:11

Well their loss is our gainEventually the rating will reflect the cash generationThey are taking baby steps online too so plenty to go for thereMarket is , I hope, over estimating impact of the new living wageI look forward to the next special dividend

[paleje] 05/4/2016 14:13

I did yesterday, market doesn't seem interested though, too boring.

IC comment this morning:-

Gift and stationery specialists Card Factory (CARD) has reported cash returns ahead of analysts’ expectations as part of final results released this morning. The 6p ordinary dividend came in a penny higher than brokerage Peel Hunt expected, in addition to the 15p special dividend paid in November. With “significant potential” for more special returns, the yield on Card Factory shares could be as high as 7.5 per cent. We remain buyers.

[nfs] 05/4/2016 08:41

Excellent resultsTop up time

[paleje] 05/4/2016 08:38

Peel Hunt reiterated their 500p buy target this morning.
The results were good, slightly ahead, divi up 33% and 'substantial' prospect of another special divi later in year cos they produce too much cash:)

[paleje] 03/4/2016 09:53

ST Danny Fortson column on CARD today. Cash cow. Buy.



High Street's out of fashion but headlines over M&S, NEXT, SPD etc distort sentiment imo, they all get tarred with the same brush. CARD started wavering when the departure of the founder was notified and Karen Hubbard appointed new CEO, the share price has struggled since but results this week. Another one, imo, Poundland, got a kicking when new CEO was appointed a few weeks ago (apart from worries over integration) but they've got results due in the next fortnight too and they aim at the same punters as CARD.

[paleje] 04/3/2016 14:21

About time. Just needs the general market to tank again now:)

[rustle2] 04/3/2016 09:47

Looks like we may have broken the downward trend ;)