Moonpig Share Discussion Threads

[dudishes] 31/3/2023 05:45

Sticky mon ami, but I like a challenge.

[waldron] 31/3/2023 00:16

Possible 132p Resistance to be broken

[waldron] 31/3/2023 00:12

Certainly would like to see a Divi, but i guess early days yet

[waldron] 31/3/2023 00:11

Consensus

Mean consensus BUY

Number of Analysts 11

Last Close Price 125,70 GBX

Average target price 238,50 GBX
Spread / Average Target 89,7%

High Price Target 300,00 GBX
Spread / Highest target 139%

Low Price Target 135,00 GBX
Spread / Lowest Target 7,40%

[waldron] 31/3/2023 00:06

Early days yet but some think that company worth approx 50pc more that current sp



When i mention early days its referring to the forthcoming Earnings Release


Upcoming events on MOONPIG GROUP PLC

JUNE29/23 FY 2023 Earnings Call - Q&A

jUNE/29/23 FY 2023 Earnings Release

[waldron] 30/3/2023 21:01

Cheers PUG

Take care

[pugugly] 30/3/2023 20:59

Depends on what type:- MOON do a very nice line in personalised cards mouse mats etc where you send them a photo and the words you want - They produce and send to the person you specify. Great for family photo's etc but I suspect not a major part of their business.

[waldron] 30/3/2023 20:52

RESULTS TO BE PUBLISHED DURING MAY OR JUNE PERHAPS

No doubt benefit from Easter

do people still send GREETINGS cards

[dudishes] 30/3/2023 17:00

S.hort @ 126

[yump] 30/3/2023 13:27

Card have reported a 27% drop in online over Christmas as a result of the strikes.

If MOON have had the same problem, then there’s quite a bit to come in “normal” years.

[yump] 30/3/2023 11:07

Didn’t you notice what happened to physical retail since 2000 ?

What’s chocolate got to do with it ? That’s an impulse purchase that benefits from being in every physical shop it can get stocked in.

Have you followed what happened to Thorntons and Hotel Chocolate shops ?

Do try to read properly dear. I’m not talking about current physical retail - I’m referring to the structural changes that the move to online caused for shops.

You may take the view that the 84% who still buy cards and gifts from physical shops won’t change. Entirely up to you, but that would be contrary to everything else that has happened to physical retail.

[privileged] 30/3/2023 10:37

BS physical retail quite strong. Like saying 15% of chocolate bars are bought online.

[yump] 30/3/2023 10:27

The best summary of this business is that its a play on the statistic that only 16% of cards/gifts are bought online. You could of course take the view that the 84% will still be happy with wandering around random shops.

That would be an interesting contrarian view, given the structural demise of physical sales in every other segment of retail.

[yump] 30/3/2023 10:18

What a fantastic in depth analysis.

Be careful. If expectations were for a big miss and armageddon, then the rise is the start of recovery.

A previous poster who is generally negative thought that the postal stikes and the cost of living would cause big damage, which hasn’t happened.

Perhaps its worth trying to understand businesses before drawing conclusions.

[privileged] 30/3/2023 08:39

No mention of what the EBITDA expectation is. No mention of red letter days performance. Only just 'returning to growth' despite the supposed structural shift.Massive debt. Shouldn't be this much up today, shorting .

[bigbigdave] 30/3/2023 08:07

Good read across to CARD

[somerset lad] 30/3/2023 07:54

TU, but nothing about leverage. "Growth" in FY24 sounds less than the 9.7% baked into forecasts. Needs a plan to move away from Royal Mail for card deliveries.

[pugugly] 22/2/2023 10:45

1 year breakout down also all time LOW - Is this still a good short?

[paul planet earth] 29/12/2022 16:03

Heard administrators sent greeting cards by 📧 emails!