We would love to hear your thoughts about our site and services, please take our survey here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
As Stach will tell you, those pesky mms!
And the reason for todays retrace is?
It has never followed the main indices up (or it would be substantially higher), or down so it won't be that one.
At this rate is will be 92p tomorrow !
Back to 92 by Tuesday, this really tests your patience
Was looking into the buying history of the current largest shareholder Teleios Capital Partners LLC to understand why they have been selling. It was pretty interesting.
They bought a 10% stake from Invesco / Woodford back in mid 2019 when shares were trading at £1.80 range. Then covid hit and sunk the shares, they doubled down and added another 31m in the 30-40p range, giving them a likely average in the £1.10 range.
When shares regained this level last April, they started reducing heavily, and at last update in Feb they were back down to their pre covid holding of 37m.
This is fairly obviously why shares have been stuck in the current range for the last 12 months on a sub 7x PE.
Now they have seemingly reduced their exposure considerably, you'd think that they would want to run the remainder of their holding back up to fair value, which is surely around 12x PE, where shares traded in 2017-19?
I'm with you on that. Tight budgets should have encouraged people to look at CARD FACTORY and once in there they'll realise quality is not forfeited for economy. Customer retention must be high.
I did notice my local card factory shop in Beckenham has the buy 3 get one free offer. Walk past the shop most days - it seems a lot quieter than usual at the moment
Hope this is just a glitch. Expecting big rises up to results. Come on cardy show us what you’re really worth.
Went into my local store and noticed a buy 3 get one free offer … didn’t see this before maybe it’s new.
Anyway …. Was hoping for a steady rise to 1.10 pre results but seems to have stalled this week
Certainly hope so. Why the price dropped so much after the previous announcement is not totally clear - but I strongly suspect the lack of a clear update on dividends was near the top of that list.
OUTLOOK
Given the strength of performance in the year to date, the Board expects to deliver full year adjusted profit before tax (excluding one off items) at the top of the range of market expectations3 and remains confident in the achievement of the long-term financial and operational targets set out at our Capital Markets Strategy Update in May 2023.
3 According to Company-compiled consensus estimates as of 15 January 2024, the current range of market expectations for FY24 adjusted profit before tax is £58.4 million to £62.0 million.
.
Given every store I’ve been in in the last 4 months is busy and the online offerings are improving I expect adjusted profit before tax of £62M and the reinstatement of a small dividend!
CARD are currently on a PE of 6.8
MOON are on a PE of 17.8
We should see a significant movement next week.
This feels, more than just a lead up to results??
Great momentum wasn’t a days wonder
In booths supermarkets they’ve removed and stopped selling cards ….
106p for big breakout
Well that was a nice jump up just now ! It would be good to see a slow steady rise into results !
Looks like somebody possibly has the inside track on a dividend reinstatement.
Has been one of the best managed retailers through and post pandemic and should you would think get back to the realms of 150p in the not too distant future.
Nice shiny new card store opens in the retail park by ours
Modest space but clean easy to navigate store next to the subway that store was empty ages so hopefully bargain terms
Bizarre though absolute no PR
They need to get better at this right throughout the company
GLA hopefully some good news dropping next week AFC
Sounds like the sort of thing i do.. But at least this time im sticking with CARD for a considerable time yet due to paper loss no where near turning positive
I had a damn limit order to sell at 98p (slight loss). Just my bloody luck this year honestly.
It’s the Lindt bunny for 25p promotion if you believe the newspapers (this is an actual thing that has captured some publicity - honestly)
About every few months this share pops and then drifts lower again. Someone's earning nicely. Doubt there's a takeover on the Cards ( Pardon the pun )
The only thing i can think of is yet again stunning results leaked and / or maybe news of an earlier than expected divi resumption
Whoever it is if it’s true will be able to cash a divi check for 20p easily on day 1 post completion without the business breaking sweat
Fees like pe
What makes you think the bid is 180?
7 times average volume traded today.
Surely the BoD should be putting out an RNS to explain the speculation.