Card Factory Share Discussion Threads

[paleje] 15/9/2017 16:33

If BoE rate rise hints happen, the £ will strengthen and our import costs will reduce but the efficiency savings that have been made to help ameliorate the additional costs caused by the £'s weakness will remain.

[haroldthegreat] 04/9/2017 06:52

Had a look around their new store in Stanmore Middx. Clean,bright and helpful staff. Didn't have a desktop upright calendar I was after but did purchase 2 79p wall calendars. There seems to be a problem with their tills because although the advertised price was 2 for £1 I was charged £1.58.I pointed out the error and a more senior member of staff came and pressed a 2 for £1 entry and corrected it. This was a trading offence and would not go down well with customers. one would have thought their tills should be programmed to automatically calculate the correct price without staff having to press an offer button.
Their range of cards was good and very competitively priced. with 5 shops selling cards in the smallish parade they should gain customers from the other outlets .they are near lidl which does attract the type of customers that are price conscious or those that appreciate own brand good value products.(their tomato ketchup is identical to the brand leader but a fraction of the cost !)

[hawaly] 22/8/2017 13:51

The share price is not exactly displaying "irrational exuberance" at all these mentions in the media....

Questor:

Keep buying Card Factory as special dividends take the yield to an attractive 7.6pc

Russ Mould
22 AUGUST 2017 • 9:01AM
A strong first-half trading update earlier this month from Card Factory reaffirmed our faith in the greetings cards, wrapping and gifts specialist and could go a long way to persuading the market that the firm can continue to churn out special dividends on top of its (still-growing) regular annual payment.

The most pleasing feature of the firm’s interim statement was the 3.1pc increase in like-for-like sales. Boosted by a return to growth at the Getting Personal online business, that easily outstripped the 0.6pc advance registered in the whole of the last financial year.

In addition, management continues to roll out new stores and drive through business efficiencies and improve the customer experience. The introduction of contactless payments across the store estate will be a welcome (if overdue) enhancement, helping customers check out much more quickly.

[paleje] 18/8/2017 10:04

Excellent nice and steady increases.

IC also tipped them this week

[hardupfedup] 17/8/2017 08:20

peel hunt reiterates -- buy -- tgt 430 now

[paleje] 11/8/2017 08:58

Peel Hunt reiterated 400p

Card Factory’s 8% yield belies growth

Shares in Card Factory (CARDC) should not be yielding 8% given the greetings card retailer’s strong position and growth prospects, according to Peel Hunt.

The group yesterday reported its best first-half sales figures since its flotation in 2014, with like-for-like sales up 3.1% in the six months to the end of June.

With the shares trading at 324.6p, the stock is a strong yielder, having paid a total of 24.1p in dividends, including a 15p special, in its last financial year.

‘Market leaders that are growing market shares, hurting the competition and achieving strong cash generation should not, in our view yield 8%,’ said Peel Hunt analyst Jonathan Pritchard.

‘We continue to believe that the special (which will be announced at the interims) should be looked upon as an ordinary distribution, and only see the momentum in the business improving from here.’

Prichard retained his ‘buy’ rating and 400p target price on the shares.

[death by donut] 02/8/2017 16:46

Possibly , they did one on 11/08/16.

DbD

[hardupfedup] 02/8/2017 15:33

trading update soon ??

[death by donut] 12/7/2017 12:03

hxxp://www.aol.co.uk/money/2017/07/08/2-growth-stocks-for-successful-investors/

[hawaly] 05/7/2017 20:03

Group Think ....... now who was it that felt the need to defend himself after venturing an alternative viewpoint, to that of other posters on this thread?


"Stating an opinion despite what you think is not being a troll. Also if you only want positive posts then that's a naive view that does not take into account others thoughts. Are you saying when brokers say sell or its overpriced they are trolls too?
Give your head a wobble."


Castigated for an alternative view - and of course the poster may turn out to be right or wrong (who knows the future) but the actuality is that the share price is lower by 11.2% since May 1st.

GLA

[alex1621] 16/6/2017 11:26

I read that during the last financial crisis the CARD stores performed very well, taking business from the competition. DFS is a completely different animal.

[reallyrich] 15/6/2017 23:53

Its dropped because of DFS trading warning. Both high street retailers although very different price points!!

[fozzyb] 15/6/2017 21:54

No reason for this to be trashed so hard on market pull back. I will be accumulating slowly again at sub £3

[mister md] 01/6/2017 10:22

don't usually like it when CFOs sell their shares, but in this case its one that's leaving the company so not a big concern

[alex1621] 01/6/2017 07:24

I wonder if Woodford bought Bryant's shares?

[death by donut] 26/5/2017 16:45

Sold out earlier in the week at 330p ( 336 inc the divvy) , p/e was a bit rich for me. Happy with what I got in 3 to 4 mths. If the opp arises over summer to get back in for the special then I will. GLA.DbD

[billytkid2] 26/5/2017 12:25

I noticed that Neil Woodford has these is his new Income Focus Fund. Represents about 2% of the fund.

[billytkid2] 25/5/2017 08:17

Had been strong in the lead up to numbers. I'm pleased that the update had nothing to break the uptrend. Hopefully a bit of consolidation around here and then a push up to 2015 highs.

[spoole5] 25/5/2017 08:09

Bit of a disappointing reaction to a solid update.

[garycook] 25/5/2017 07:12

Financial position

The Group remains highly cash generative, driven by its strong operating margins, limited working capital absorption and relatively low capital expenditure requirements.

As at 30 April 2017, before the forthcoming payment of the proposed final dividend for FY17 of GBP21.5m, net debt had further reduced to GBP125.4m, before deduction of capitalised debt costs. This is GBP10.4m lower than the level reported at 31 January 2017 of GBP135.8m.

The Board currently anticipates, subject to trading performance, making a further return of surplus cash to shareholders, in line with our stated policy, towards the end of the current financial year. A further update will be given with our interim results for the 6 months ending 31 July 2017, due for release in late September. I like this part of the Trading update.The Market should like it also !