Card Factory Share Discussion Threads

[stevieb2190] 14/8/2018 17:19

The newer stores might be bigger but over 70 per cent of their stores are too small....plus you cannot self serve helium balloons..

[smokybenchod] 14/8/2018 17:10

"They havnt got the space for self service"
they definitely have room in my local store and i suspect they would in other larger stores - in fact there is too much wasted space on the shop floor.

[stevieb2190] 14/8/2018 16:24

They havnt got the space for self service...im sorry but card factory are maxed out so to speak..there is nothing they can do to improve their lot..they cannot put prices up ...opening new stores wont and cant save them anymore money or make any material change to their performance...like for like will go into terminal decline .. i will thank them as have shorted them for 6 months now ...think they will drop in jan when full results are out so may shirt them again down to about 150.00 .
Thanks for the ride card..onto the next one now...bye bye for now

[smokybenchod] 14/8/2018 16:12

"You cannot shift the volume they have to without alot of costly staff...of which they were recently pulled up about by the government for not paying minimum wage"
how about some self-service checkouts?

[stevieb2190] 14/8/2018 15:24

The Ebitda down 5 mill on last year despite more stores and economies of scale..debt raising and will increase substantially as they strive to squeeze more product in their already over stretched stores to force the magical like for like sales..although patently not working...they have reached the peak and all results will go south for sometime now ..they cannot possibly improve without major changes..blindly opening more stores when infact they should amass a war chest now

[eastbourne1982] 14/8/2018 15:05

The high street is a shambles at the moment yet Card is still going to do Ebitda of around 90 million.

I'd still say this is a bloody good business.

[stevieb2190] 14/8/2018 15:03

I dont think works will be a major problem unless dean hoyle the founder of card has an issue...the problem with card is they will become a victim of their own success. You cannot shift the volume they have to without alot of costly staff...of which they were recently pulled up about by the government for not paying minimum wage

[stevieb2190] 14/8/2018 15:03

I dont think works will be a major problem unless dean hoyle the founder of card has an issue...the problem with card is they will become a victim of their own success. You cannot shift the volume they have to without alot of costly staff...of which they were recently pulled up about by the government for not paying minimum wage

[stevieb2190] 14/8/2018 14:57

At 150 someone will buy them...american greetings would be my bet

[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