Card Factory Share Discussion Threads

[spoole5] 14/8/2018 14:57

Went into works today and saw no greetings cards!!

[stevieb2190] 14/8/2018 14:54

Works will expand their range...with offerings of 10 cards for a pound card has to be packed out all day...this inturn means staffing levels have to be high to cope..the results will keep coming in lower and lower..you might see a small recovery from now until the next set of results where the true problems will surface..150p by the end of january...you heard it here

[eastbourne1982] 14/8/2018 10:47

Why would Greggs take this over, it's a bloody bakery !!!

Surely someone like B & M would be more likely to be interested.

[waddilove2] 14/8/2018 08:30

I do think Hubbard needs to go, my hope was Greggs would take this over.

I don't think works is a threat completely different outfit unless it changes of course, Card still seems busy to me and latest shop next to aldi was busy already.

Hammered Hammered and Hammered, was this nearly 350 not long ago,

Hoping for something to happen 900 stores is a lot of stores profit is still up on last year but down on projections which is why its suffering.

[hydrus] 14/8/2018 08:27

Well the share price drop has seen to me, not prepared to risk large capital loss here. I'll watch with interest.

[stevieb2190] 14/8/2018 08:20

They have expanded their range including entry into the xmas market already this season

[hydrus] 13/8/2018 17:21

The works has a smallish selection of cards. I guess they could take some sales from CARD but the choice is quite limited. If they expand that range then it could be an issue.

[hydrus] 13/8/2018 17:17

A good point Stevie. I'm all ears to positives and negatives here.

[stevieb2190] 13/8/2018 14:18

There are several flaws..i will give you one for today...dean hoyle the founder of card factory who sold out has now purchased the chain of work station shops and guess what..fitting them out with cheap greeting cards on the very doorstep of card factory..offering a slightly better product cheaper..when he sold out who made the mistake in not restricting his entry back into cards..this will be a war which go only go one way

[hydrus] 10/8/2018 15:56

Stevie what do you think the flaw is, I'm interested?

[stevieb2190] 10/8/2018 11:05

There is one positive..if they drop much more they could be subject to a takeover....american greetings ?

[stevieb2190] 10/8/2018 11:04

I told you...and theres worse to come..next like for like will be significantly worse...first it was too wet..then too hot..excuses..there is a flaw in their model and it will show up very soon..

[stevieb2190] 10/8/2018 11:03

I told you...and theres worse to come..next like for like will be significantly worse...first it was too wet..then too hot..excuses..there is a flaw in their model and it will show up very soon..

[cflather2000] 09/8/2018 13:46

Yeah, the weak £ is driving costs up. Depending on the brexit negotiations it could move either way over the next months

[oregano] 09/8/2018 11:06

they get no credit for the specials. in a tricky environment i'd rather the debt was lower. they should just add a penny or two to the ordinary divi, yield nearer 6%.

they can finance their growth from cashflow.

Weak £ is not helpful.

[cflather2000] 09/8/2018 10:59

I'm holding. Even with 90m ebitda, there's good cash flow compared to 648m market capMy preference is for a 5p special and reduction of debt

[scobak] 09/8/2018 10:20

Fully intend to hold my nerve, hope for lots of selling and buy at a very attractive price and yield. I agree with the last 2 posts.
Only problem I can see is the high debt which is too high. Needs to be pared back in next couple of years.

[hydrus] 09/8/2018 08:24

The small like for like drop in sales was significantly less than the drop from plenty of other high street retailers. Good cash generation and it seems that people still like to buy cards. It's not going to grow massively from here but hopefully a decent dividend for many years to come.

[1novice] 09/8/2018 08:15

Remind me, what was their float price? How many more stores do they have now?
What's their share price today?

[cflather2000] 09/8/2018 08:11

Ouch. Painful drop

[pugugly] 09/8/2018 07:26

Further cash payback announced BUT 5 year chart looks horrible - Probably one to avoid to preserve capital (imo)

[jakedog2] 08/8/2018 10:15

Ref special divi..... in RNS earlier this yr, they stated any special divi will be announced in Sept with H1 reults.
Also stated it will be in the range of 5p - 10p, pending no major issues

Cheers,
JD2

[cflather2000] 06/8/2018 21:18

Thanks S.B.C,Same answer on the LSE board. I also hoping the like for like data is good. They fared better than most of the retail sector in Q1 so should be possible.

[sir bean counter] 06/8/2018 20:01

Last year the interim and special divis were announced with the Sept 1/2 year results. But since the Aug update covers the full half year, it should give us a pretty good clue. Personally, am tentatively expecting healthy like for likes, as I suspected the Q1 disappointment was mainly just down to the Beast from the East...

[cflather2000] 06/8/2018 11:23

Half year trading statement this week. I can't remember from last year - is this when they announce the interim dividend?