Card Factory Share Discussion Threads

[cflather2000] 01/10/2018 10:27

Nice to see this pick up.

[woodhawk] 01/10/2018 10:07

Nice rise this morning, looks like the boy-wonder Marksp2011, sold way too early!

[woodhawk] 01/10/2018 08:26

Interesting, Gary - thanks. I continue to hold.

[garycook] 01/10/2018 02:52

Card Factory was highlighted by the Sunday Times' Inside the City column after the retailer's shares lost almost a third in 2018 so far and are under water for any shareholders who are still holding on from its flotation in 2014. Last week's results showed a 9% fall in underlying earnings but were followed by Swiss activist investor Teleios Capital revealing it has a 5.1% stake. When Teleios bought shares in SodaStream in 2016 the investor helped quietly steer the company to a $3.2bn takeover by PepsiCo within around two years.

As Card Factory makes most of the greetings cards it sells, it has gross margins of 30% and throws off enough surplus cash to pay a good dividend. Greetings cards are far from the worst areas of the retail market in the event of a downturn, but its toes could easily be stepped on by supermarkets looking to use their excess shop-floor space by stocking more cards and the last recession shredded Card Factory's profits.

"Teleios is leaving investors guessing as to its intentions. If it really does want to eventually engineer another lucrative buyout, it's hard right now to see who would take a big money punt on a bricks-and-mortar chain."

[spoole5] 27/9/2018 17:56

Activist hedge fund on the register. A lot of people suckered out at sub 170 on tues. Interesting times.

[garycook] 27/9/2018 05:03

I smell Takeover offer coming for CARD.

[eeza] 26/9/2018 18:04

Teleios Capital Partners LLC, Zug, Switzerland - 5.14%

[spoole5] 26/9/2018 17:56

New 5% holder

[approach3] 26/9/2018 17:44

Can anyone explain the rise today.

[marksp2011] 25/9/2018 10:34

:)

If only it had worked with APH...the hole gets deeper

[spoole5] 25/9/2018 10:19

Of course you did

[marksp2011] 25/9/2018 09:50

Well I have done well today
Went long at 169 and 170
i will now exit this crock at a profit

[1novice] 25/9/2018 09:42

Hmm..didn't I get slated on here a few months ago for predicting this?
Never mind. May be in future all you armchair "experts" might listen instead of mocking.

[garycook] 25/9/2018 09:01

25 Sep Card Factory Plc Liberum Capital Hold 181.60 195.00

[this_is_me] 25/9/2018 08:15

In store cost cutting by "reducing the tasks" might improve the numbers in the short term but could easily reduce the attractiveness of the shops and lead to medium term decline.

[cflather2000] 25/9/2018 08:01

Looks like there's a subtle change of strategy with the adoption of the franchise model, partnerships, etc. I agree. Poor results.

[marksp2011] 25/9/2018 07:12

Grim reading IMPO

falling LFL sales
Increasing debt
Increasing debt financing costs
increased capital spending
special dividend funded from debt
"Getting Personal" in trouble
Reduced special div at the bottom of the forecast range

there are some positives - a bit of innovation

Franchise model trials
Concession models
Improved spend per visitor
Better performance in the "Everyday" range (so where were we going before that better performance)

Given the pasting Alliance Pharma took for doing pretty well we will see what happens here. I have given up trying to guess the reaction

[eeza] 24/9/2018 22:02

Edited.

Wrong board.

[bbonsall] 24/9/2018 21:46

I thought we already knew the results. We were told all about it a few weeks ago. Should be no surprises.

[cflather2000] 24/9/2018 13:55

Big drop on no news. Any theories? Maybe someone has wind of the results already

[woodhawk] 15/9/2018 11:08

It might have performed like a dog - for YOU! You made the choice and decided on the timing. Move on, grow up and try and improve your trading/investing.

[marksp2011] 15/9/2018 10:33

Woodless

yes. I made a mistake with this one and having to waste my time trading my way out of it. Not the first time and won't be the last.

i simply don't follow the unbounded optimism for a stock that has performed like a dog and where there is no sight of anything getting any better.

But please keep on "topping up" and "piling in" who wouldn't with a trailing yield like this one?

[woodhawk] 15/9/2018 10:14

So YOU made a bad call, and all you do is whine about it and tell others they're wrong? What a fool.

[marksp2011] 15/9/2018 08:30

Ken

For your benefit

The share price hasn't dropped 40%+
the payout isn't dropping (we will have to see but probably by a third)
growth hasn't stalled
cash flows are strong and rising
debt is shrinking

Does that make you feel better?

I only have a few of these and breakeven is a decimal above 200 so I hope to be out soon but facts are facts and it is no good pretending they aren't.

[garycook] 14/9/2018 10:32

Ken,Totally agree LOL