Card Factory Share Discussion Threads

[1novice] 16/3/2017 14:29

They have 3 shops if you include the retail park.

[fozzyb] 16/3/2017 13:50

@1novice, can I enquire as to what town that is and if card factory have a presence?

[1novice] 15/3/2017 16:22

The town I live in has a number of independents, many are cheaper than CF. Many local people think CF are cheap and nasty products and all "samey" so shop with independent retailers. They also say the level of customer service puts them off CF. now I know they offer cheap, but you can only p!$$ off your customers for so long. That is what I based my assumption on. I appreciate that you all invest and want a return and I apologise to you all if I'm wrong.

[fozzyb] 15/3/2017 15:41

@1novice, don't think those examples are fair, Woolworths was a jack of all trades, master of nine, the other two were largely dated clothing retailers who didn't move with the times, look at m and s and their struggles to modernise the offer, food continues to prop them up. Card factory is the defacto go to destination for cost leading cards and people recognise the older incumbents are vastly overpriced and don't offer anything better. The paper chase customer is certainly a different one and continues to do well a la Waitrose...

[raymund] 14/3/2017 11:50

Interesting, my BUY just now of 795 shares at £2.82992 shown as a SELL!

[garycook] 13/3/2017 23:44

1novice,You are barking up the wrong tree here !!!

[1novice] 13/3/2017 18:03

They said that about woolies, C&A and more recently BHS. Fozzyb.

[fozzyb] 13/3/2017 10:46

@1novice, story is still strong, you have the cost leader but will still above average margin, great choice which is designed in house and so differentiated, rivals are suffering, and basket spend is low so fairly well insulated from any downturn, if you need a card and believe that trend will continue, Easter cards anyone? Then these will continue to do well, in terms of store footprint, still vast swathes of U.K. Underserved and also there is international expansion to consider. Also a great management team to lead this

[1novice] 13/3/2017 09:14

Like for like sales are poor. High st foot fall is going down. The artificial bubble they have created by opening 2 and 3 stores per town is greed and the bubble will burst. But that is just my opinion

[fozzyb] 13/3/2017 08:23

Looks to have established a strong uptrend in share price now. 300p first target

[raymund] 10/3/2017 12:17

......also states Peel Hunt has a 400p target....

[mirabeau] 09/3/2017 05:58

It doesn't I'm afraid..

It talks about 'stable cash-flow', 'market leader', 'competition to downsize' with Clintons 'performing a property review' which may (or indeed may not) suggest them closing stores...essentially, a leader, stable cash-flow strengthened by competition 'falling away'

M

[johnv] 09/3/2017 05:44

What growth do they give, digital look is saying 2% this year followed by 5% next year, very exciting.

[mirabeau] 09/3/2017 05:21

Tipped - Shares mag

[garycook] 03/3/2017 00:17

Artemis I believe 10%

[fozzyb] 02/3/2017 17:57

Getting somewhere, wonder if an institution is accumulating a position

[death by donut] 02/3/2017 15:20

Chugging along nicely.

DbD

[reallyrich] 28/2/2017 00:38

maybe Spoole was dreaming of getting rimmed in a card shop. Each to their own I suppose lol

[1novice] 27/2/2017 21:42

Clinton product is over priced. But men use them, thinking it's the best. Of The two card units in my town one is dead, other at best is steady and it's usual customer is predominantly lacking in disposable income. The product has deteriorated, the price is creeping up. Staff turnever is quite high. While many use card, the independents are equally as busy. But that's just in the three towns I visit regularly.
It's only my opinion but I think the like for like sales are not great and the bubble will burst on these sooner rather than later.

[spoole5] 27/2/2017 21:14

Really? Not in my town. Card factory by far the cheapest and always rimmed. Clinton's which is next door always empty.

[1novice] 27/2/2017 21:01

Being in the industry I know that many local independent shops offer the same or better value products and service at the same price or less. Also people on the industry will tell you that many of the stores are not that profitable, breaking even at best.

[binghall] 23/2/2017 16:14

bookbroker - if they were trying to be Waitrose, then that might be the case, but if you look in Card factory you will see that they have a wide range of cards from low-budget up to good quality cards at a competitive price. Some of the cards ranges are far from budget, and compare fantastically well against the competition. They have a wide-range of linked products that complement this, and the vertical integration of the business allows it to stand comfortably away from the likes of Clintons. Debt-free and cash-generative, this is a business that is capable of holding it's own - many discounters have been quickly written off in the past, look at Poundland, Lidl, and Aldi. The assumption could be that the online companies will take their market but there will always be a place for a well run high-street store. I love the internet but sometimes I just want to pick something up and look at it - I don't get that with Amazon. That said, I know what you mean about the look of the store but they are functional and I suspect that they don't pay top-dollar on wages. If you're looking at market value, there are many more companies that I'd say were overvalued before I said it about this one.

[bookbroker] 21/2/2017 10:11

Frankly Clinton, Card and B&M are hideous stores, it is a sure sign that shoppers have no interest in what they are really purchasing, but then the choice is so limited, the quality is naff, the individual might as well get their child to draw the card, and insert a greeting, it amazes me that this can be valued at £800+million, if price and value is all that matters then do not bother shopping at all! Apologies for being so cynical, but I just see dross on the high street now, so I am hardly surprised that Amazon is basically going to eventually put everything bar convenience out of business1