Card Factory Share Discussion Threads

[woodhawk] 17/4/2019 21:29

It'll be 240p before you know it then! LOL.

[scobak] 17/4/2019 21:01

Investors Chronicle keeps their SELL rating on card.

[woodhawk] 17/4/2019 16:02

Hi Gary, hope you're trading well? Been making some excellent dosh on insurers and builders lately. Luckily sold my Centamin before the big fall and now nibbling in the 80p's. Somehow missed out on the big rise in HGM recently - but you can't own 'em all!

[skinny] 17/4/2019 15:29

I don't hold these currently, but I noticed yesterday that a lot more of their cards are no longer sub £1 to buy - so presumably they are raising margins.

[garycook] 17/4/2019 15:16

Woody,Lets keep it going to 240-250p

[woodhawk] 17/4/2019 15:11

Well, that's a strong recovery so far!!

[woodhawk] 16/4/2019 14:54

Motley Fool's summary after today's results:

"Shares in giftware retailer Card Factory (LSE: CARD) have fallen by 23% over the last year. Despite this, the firm seems to be a good, profitable business that’s likely to be a long-term survivor."

and

"Card Factory shares now trade on 10 times earnings and boast an 8% yield. I think that’s probably too cheap for such a good business. Buy"

[cflather2000] 16/4/2019 14:26

Not bad results here I my view. They're very predictable and communicate with the market well. The management seem well organised.I'm interested to see how the Australia and aldi trails go.Did anyone see any data on the Ireland stores?Ireland and Australia could represent whole new markets and economies of scale

[woodhawk] 16/4/2019 14:25

So have you closed your short? Or are you taking a bit of a hiding today?

[stevieb2190] 16/4/2019 14:19

Plus you only need 10 percent of your shops to face strong competition to have devastating effect on your bottom line

[stevieb2190] 16/4/2019 14:06

Devonwood..card direct 30 but more importantly their parent company supplies asda..ssinsburys..tesco ect ect with their own cards all printed in uk and they have a massive wholesale business supplying independents..so overall will compete with card factory..card factory will run out of excuses soon..beast from the east..brexit..footfall...their model will fail soon as too labour intensive and as the push for higher wages catches up...

[woodhawk] 16/4/2019 13:12

The retailer, ranked Top500 in IRUK Top500 research, saw online sales at its cardfactory.co.uk website rise by 56.3%. It said that the website attracted new customers to the brand, and also gave it the opportunity to introduce new products that were not available in store. But new stores remained its biggest growth store, with 51 opened during the year - taking it to a total of 972 in the UK and Ireland.

hxxps://internetretailing.net/themes/themes/card-factory-sees-strong-rise-in-online-sales-although-store-visitor-numbers-fall-19466

[renewed1] 16/4/2019 12:51

Looks like theyve paid down £20m of debt this year.

[smokybenchod] 16/4/2019 10:22

Sustainable divy? Double the amount of stores just to barely stand still in terms of profits and share price. Once they stop running to stand still, Hubbard better hope that the new initiatives mentioned today are not in fact 3 years too late.

[fenners66] 16/4/2019 10:14

8% ?

How do you come to that conclusion?

Specials are subject to trading and cash performance - looks like a disguised reduction in special....

[mctmct] 16/4/2019 09:58

8% divi, looking sustainable. Excellent gross margins. You won't find that in many other places.

[1novice] 16/4/2019 08:44

Sorry, I meant to say "not all Hubbards fault". But I agree too little, too late.

[smokybenchod] 16/4/2019 08:42

Totally Hubbards fault... How about concentrating on investing in the online proposition rather than all those special divys year after year. Initiatives that’s she mentions today such as Aldi and Australia are 3 years too late. Staff cost cutting via a couple of self service checkouts in key stores. I’m sure there’s plenty of other ideas that could have increased growth and cut costs but I’m afraid it’s too little too late.

[1novice] 16/4/2019 08:35

Not Hubbard fault. Its sales are poor. costs are up and the product is nasty and cheap looking for the price point. It can not sustain 4 or 5 shops in every small town either. I said all this a long time ago and was slated by the "experts" here. They are done unless they stop the roll out and shed stores.
Double the number of stores since the float and be trading at 30p less than then.

[smokybenchod] 16/4/2019 08:20

Er take a look at JD Sports results today - they’ve managed to do alright. Greggs another example. I don’t buy all the rubbish excuses from Hubbard year after year. She’s done nothing but deliver falling profits year after year and destroy shareholder value.

[luderitz] 16/4/2019 08:14

Agreed both.

[bbonsall] 16/4/2019 08:11

Yes agree russ.
Card Factory is making GOOD PROFITS and generating CASH. Not many retailers can show such good results nowadays.

[russ1983] 16/4/2019 08:07

In line with expectations..and given the number of casualties on the high street this looks good in comparison..

[gswredland] 16/4/2019 07:47

Talk about ‘wrapping up’ poor results

[devonwood] 11/4/2019 09:46

Stevie. Card direct 27 stores. Card factory ~ 800! Under attack - really?

Ashley might fancy the business 62m profit on 427 sales.

Nice business