Card Factory Share Chat (CARD)

Looking very good after Friday.
Nice buying action, currently.

Wiscos,

I bought back in this week (averaging at just under 50p). So far, management have had one mammoth task to complete (reducing debt, significantly) and that’s been achieved. They’re setting aside a large chunk of money for ERP developments in FY23, so it’ll be interesting to see if there’s as effective at generating growth as they are at reducing debt. If they prove capable, we’re in safe hands. If not, I think we’ll still walk away with a tidy-enough profit

Well done accipiter!

Everyone here wishes they had done likewise of course and it’s great when that happens.

Really chuffed for you mate - perfect timing.

Good Luck Rox with your extra curricular activities and your other shares. Afraid I sold out at 65p but I will be back in during the autumn in time for Xmas

Thankyou Pmoran1969 what a lovely post!

Yes, I’m as honest as the day is long and would never (intentionally) encourage anybody to buy anything without doing their own research.

I’ve enjoyed my time here in Card but with an average of 60p have only ever lost £ and the recent drop from 65p to 45p has been awful!

Currently Sat with a paper loss of over £100K !!!!!

Sold a chunk in the 60’s to buy Wrks but they have gone down more!

Sold a few more to buy 4D last Tuesday and they went into Administration on Friday!

Card is still my largest holding and it is still substantial.

All in all it hasn’t been a good few weeks but hey ho I genuinely believe that if you have got your health you really are a millionaire hence the reason I do triathlons.

The Ironman is the big daddy of them all, 2 1/2 mile swim, 112 mile bike ride followed by a 26 mile run.

Everyone here here is capable (health permitting) of doing one.

Check the link out below.

This man is my hero and the person who inspired me to do my first Ironman last year and I’m in my 60’s.

When you pass those pearly gates have a story to tell guys.

https://youtu.be/Ik8KO2Os7k4

Been away for a few days so just been checking out the chatter on a few of the shares I own.

Got nothing insightful to add to the poor state of the markets and in particular where card is but I did Feel the need to post here just to echo Banbury boys comments. I enjoy your posts Roxbury and if you have indeed thrown the kitchen sink at card then if you feel like being enthusiastic in said posts I would say you have earned the right having put your money where your mouth is.

I often see the ramper/deramper phrase thrown around like some form of put down or insult simply because one person has a more bullish/bearish view of a company than someone else. I still find it strange that some poeple think someone being positive about a share is somehow trying to influence people to purchase the share!! On that basis Roxbury has effectively fat shamed the board and encouraged us to go out and run a marathon just because he’s told us he is doing the Ironman in Bolton!!

Roxbury I was actually away to see some friends in Nice for a few days and the ironman took place there last Sunday. The swim course out into the sea looked idyllic but there was some chop in the water on Sunday so I bet that was an additional challenge. The bike course went out up into the hills with one part including a climb worthy of something on the Tour de France according to one local (thankfully there was a downhill bit too). The other local comment that resonated was that whilst it would make for a lovely scenic bike ride I’d only do it on a motorbike! The run course was set out along the promenade des anglais and was effectively a flat run from the end of the promenade in nice old town to the airport and back which they repeat several times. Whilst that meant it was great for spectators to line the route it was probably a bit of a boring track for the athletes and god it was hot on Sunday.

I reckon the weather will be far more suitable in Bolton Roxbury and even if some of the architecture isn’t as pretty as nice, if they’ve chosen the right route the bike ride will definitely have its moments. The very best of luck to you and I hope when you do get to rest afterwards it’s sat outside a pub with a beer in your hand rather than outside card factory with you ‘customer counter clicker’ in your hand!

Moonpig has had a big drop since floating.

Poor results from the lunar piggies. Hopefully plays into CF's hands as punters buy bulk cheap cards on th3 High St a bit more and eschew the expensive options from supermarkets and the porky boys and girls. Hopefully...

Disappeared? I wish! I’m an addict Ha ha

I’ve been busy training for the Bolton Ironman, it’s this Sunday and I’m absolutely sheritting myself! OMG WHAT HAVE I DONE!!!!

Also trying to spend less time on these boards and my retirement time sat outside Card Factory shops!

Dddd - I and most others on here like Roxburys posts. He does his research, he's enthusiastic quite witty and certainly isn't encouraging any one to buy who does not want to
Your posting history by contrast is in the main fairly nasty with not much of substance.
I know who I would rather have a beer in the pub with and it's not eight d man.

Roxbury house disappeared then. All that shameless ramping didn't get the SP to where he wanted it? Probably dumped his 650000 shares at 65p. Another goon spending all day on this rubbish to convince others of their opinion

Let's be honest not a lot on the celebration front for the next few months. A few Thank You Teacher Cards and Halloween then its the big one Christmas. Hopefully just a steady stream of Birthdays, New Homes, Weddings, Births and Christenings and sadly Funerals. Until the world economy sorts its self out and inflation comes down not a lot is going to happen the share price will rise and fall with the overall market but until the debit is paid down and the dividend restored not a lot for the company to shout about. Business as usual steady as you go.

Everyone is raising prices on food, takeaways, beer etc etc so if card factory were to add even 10% to the price of a card would anybody actually be that bothered as they will still be the cheapest by far of any shop to buy a card.

Agreed that the management team seems to be pretty poor. But hard to tell from outside of course. And at least they avoided a capital rise. Obviously labour costs will rise but the basic product is sound so really no excuse to make some money - countless ways to improve it!

On reflection, I can’t really complain about the lack of development on the online front as survival has been the priority during the pandemic. The £23m earmarked capex spend should go a long way

Mdunsire,

According to the most recent webcast, freight cost inflation and labour cost inflation are their main concerns, so Euse is echoing the concerns of CF’s management team. I did some more digging last night, and I must say, I’m no longer concerned about print cost inflation. I can’t say I’m concerned about freight cost inflation either and energy costs are being hedged against. Whilst labour costs are being mitigated against, I think the increase in staff costs since pre-pandemic times will see us fall significantly short of the pre-pandemic net margin. That’s based on a ballpark assumption though, as I haven’t quantified this yet, but I’ll have a go tonight. Something else at the forefront of my mind is CF’s progress (or lack of progress) towards £600m revenue in FY26. Why have we not seen any progress in this regard? Why are the board unable to provide us with any sort of guidance in regards to a timeline? On the subject of progress, how have they still not resolved the issues on the digital front? The only development I’m seeing In regards to CF’s digital offering is the development of a terrible reputation. Consequently, my primary concern isn’t cost inflation (which can be absorbed in the long-term), it’s the competence management team. A quick look at TrustPilot rings alarm bells. I wouldn’t order from CF online after reading those reviews, even if I was still a shareholder!

Good morning all, well what a world market over the last 2-3 weeks.
We all know the world looks like it's in turmoil with markets up 100 points one day and down again the next. from my point of view it dose remind me of the 80's where as a trader you can make lots of money and lose lots of money in the same week.
I think we have at the moment moved to NOT just sitting on your current stocks and hope all turns out well in time , to just trade and make small profits where you can and then buy back but still keeping some spare money in hand ready for anything.
Who knows how long this will last but it could be for the rest of 2022, so don't listern to anyone who says they know what's going to happen because they don't any more than yourself. Good luck all.

Another desperate Clinton Cards / Moonpiggy lover. Thanks for your intelligent comment. Very useful.

Cards to teachers (end of year thanks), funerals, sickness, job losses, new jobs, new babies, weddings, birthdays, etc. People will buy smaller presents (suits CF too with their cheap tat!) but cards will not stop.

Cashola, You only buy cards when you need them and if people aren’t buying them why is it every new home I see when someone has moved in the window sill is littered with cards and the rise of happy birthday banners across doors. If there is a banner on the door it’s very doubtful the house won’t have multiple cards in as well.
With a population of over 60m and rising card giving won’t stop as for example if you were skint and it was your parents 40th anniversary would you turn up to their home with no card and no present? I think the card would be a definite!

Sorry to hear that Rox
I'm sure you will make that up and more when CARD starts to perform. Have a great weekend.

Morning Banbury Noooooooo!

I didn’t get out if DDDD!

£45,000 and almost 300,000 shares bought on Tuesday/Wednesday at an average of 15p and on Friday they went into Administration!!!!!

Totally my own fault and all driven by greed so nobody else to blame.

Why am I ok about it?

Because I only ever gamble what I can afford to lose.

Major lesson there guys if you are a Newbie to all of this.

In hindsight wish I had just left it all in Card and Wrks though but hey ho life goes on.

Rox - I hope you got out of DDDD.
I follow your posts and did look at it.
Some pretty negative posts in my favourite space (Saga) and £1.88 does feel cheap if you need a quick "gamble" next week. 12.5p old money and fundamentals much better.
AGM trading update is 5th July.
Currently holding CARD and like everyone but SIMES think it will do well.

I agree Wiscos.

Having said that I have been taking profits on rises and buying again on dips. With this stock that strategy is working but I'm keeping a baseline holding ready for longer term rises and dividends returning. A way off - yes. But returns will be decent (probably and imho).