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Very positive sentiment from articles here guys, I'll be amazed if we don't take a leg up over £1 next week. Asian market is very surprising.... China alone is 4 times the population of USA, imagine if we can start opening new cinemas over there....
Your 100% right bonkers, I'm holding since 53p, but still can't help the Fact it is utterly ridiculous the manipulation that can take place and has took place with this share... I'm holding till £4 Jangho buyout though ;-)
I think ximtos got a point, I was thinking along the same lines if why sell off the retail parks? The footfall data says after lockdown was lifted the retail parks recovered closer to pre pandemic levels than the shopping centres.... I dunno if the hmso future plan is looking along other Lines though
Absolutely scandalous that the price was took down that much just so BoA could load up on cheaper shares, loads of holders must have panicked and sold thinking it was going to tank again
https://www.greenocktelegraph.co.uk/news/19243221.two-inverclyde-card-shops-preparing-welcome-customers-next-week/
Very positive sentiment towards 2 of our stores opening in this region after a long lockdown, the article also plugs the fact we trade online now too.
More interestingly the photo shows a new Card Factory store situated in a retail park, this of shows the management are now positioning stores to be destination shops and not just convenience. So the business model isn't moving away from high streets etc, is widening it's store footprint into all types of locations, we should gain more and more market share with this business approach, if we play it right we can take Clinton's out the picture, and with the online force now gaining momentum we can eat into moonpig & funky p. Only way is up.....
Tom has been a massive supporter of the cinemas, obvs he has vested interest because of his movies and production company etc... Last time we were allowed to open he took to the internet to announce he went to a London premiere of Tenet, he uploaded a video of him sneaking into a showing without anybody knowing showing that it was safe etc. So he defo has my vote going forward....
Very interesting article, I never thought that the Asian market would double the domestic take for a movie....i cant help the feeling Jangho want to buy out Cineworld and expand into the Asian territories using Cineworlds links....
Apparently AMC CEO said he will not sell any newly authorized shares this year... Stock rose 9% LOL. Imagine if we were listed in the USA
Thankyou latpulldown, I did very rough calcs assuming the properties would be rented out and still owned by the company, also I assumed university buildings meant more along the lines of lecture halls n not student accomodation. With rough calcs I went on the median letting prices for flats in the area already, I suppose assuming the properties would be sold instead of let out makes the numbers look better, but then they are of no future value to shareholders? I maybe wrong I don't know.
But in any case, lots of respect for you latpulldown, I think I have read your posts on multiple boards since the dark dark very oh so dark cineworld SP days....
Can anybody run some accurate numbers on what the return on the £1bn development would be? It would give some inclination on what HMSO would do in the future with some of their sites
Danl90 I know exactly what you mean by seeming to be a crap location, we have 2 in town like 50 meters away from each other but both locations have been busy... The second larger nicer store opening didn't make sense to me, but when you look directly opposite... A same sized refitted Clinton's store is there, if you compare the 2 store fronts, ours is nice n simple but still looks the part, people know it's budget but it looks more upmarket from the Card Factory of old. But what this tells me is that management know exactly what they are doing with store locations and concessions, to us it seems a bit random but they know in-depth knowledge on customer footfall and drivers for future customer footfall (like opening next to stores they know will be high traffic like JD, Primark etc...) Even if you look at planning for new stores opening around the UK you can see the Card Factory board know that they are going to become a destination shop, not just one that feeds on surrounding stores footfall. All that's left now is the online growth, foward movement, advertising and vertical integration, then we will get a market re-rate once people can see the vision for Card Factory of the future... Hopefully
I think the online is the most important thing to be pushing in the future, they already have a stable store portfolio with more store openings every year, we also have the concessions in Aldi, Matalan n hopefully a few more. With online growth we can eat into Moonpig's market cap (~£1.4bill Vs Card ~£290mill). So I feel the shareprice will benefit from this growth avenue
I'm hoping BoA have sold up to Jangho, imagine Jangho holding around 18% RNS....
If I had time I would have, but deffo opening Monday.... both stores.... They are both on the high street.... Within 50 meters of eachother LOL. But in fairness the second store which is much larger is directly opposite a clintons lol