Member Info for Beachbum1978

To me…this update screams. What more do you want to have this business valued properly. As Wiscos said, time to leave if not. As RNS’s will become irrelevant

*For 90

And you can still buy this and receive a dividend of 90 Great British pennies. Crazy.

Can’t think of any other explanation for this price. Unless the MM is making a market for someone.

Yes UK market is a shambles but still. Business is a cash cow, nothing but positives. And clearly being manipulated. Only other thing I can think of is the shorts have completely gone now from 0.50 to zero?? All a bit weird

Is a buyout here??

WOW....where did that come from! x 7 at least by 11.45am.

Only a 0.59 disclosed short left that's clearly closing. This will shift rapidly as soon as its closed. GLA.

It's clear how concerned CARD was with the £20m extra NI and NLW. So they thought, lets go buy a £25m US wholesale business already existing into the biggest market.

M007j - No disrespect, but you really need to do more research into the company, how it operates etc etc etc. That's why no of us are concerned in the slightest, and this subject has been covered.

P.S. Last chance to get in under £1.

Great update Everton, thank you. As of earlier today, that fact you can still buy Card Factory shares for 97 Great British pennies is quite astounding.

Was in Pontefract today, very quiet, still 10 or so hovering in the shop. Shoe Zone had 3 people in it, in a store 3 times larger.

Merry Christmas to everyone

From a technical standpoint the ‘Rounded Bottom’ is still very much in play, see the 3 month chart. Literally you can follow your finger in a curve back up to £1.40. It wanted to break faster on the 6th Dec up until Wednesday the 17th where you’ll see the rise, but then fall back into its correct curvature you see now, which is healthy, and a result of the shorts closing.

My personal prediction is it will carry on its natural curvature right up to TU, with some resistance, but not much between £1.12 and £1.15. £1.25 day before TU. A very strong TU, researched by us all, sees it back to £1.40, where it hits a natural resistance again, but from there, a continued slower climb at mid to end of January. Again, just my opinion on technical only. We know the fundamentals are great.

In fact it’s very settled and mostly clear all the way up to and in including Xmas day which is great. Never underestimate the impact it has on people going out.

Well it’s the last Saturday before Xmas. Pay day for many yesterday. The weather is clear across UK with no rain anywhere by 11am. 10 degrees, mild for this time of year, so shoppers will be out in force.

I reckon it could be a record day. Keep your ears open for those tills ringing. You might need some ear protectors. GLA.

Just been into the Wakefield store which is directly by Head Office to pick up some bits. Only small store but heaving, 23 people in it with 6 queuing at the tills.

There were 4 ladies from Head Office in there, milling around, so I got talking to one of them for about 10 minutes. Turns out she was in a team from head office that’s in charge of the layout and navigation of the stores, we’ve been discussing.

She said it’s booming everywhere, and particularly tomorrow will be crazy, as a lot get paid before Xmas.

I told her I was a share holder, and she was very nice. She actually told me not to worry about the recent dip lol.

As I was leaving, I discreetly asked her ‘Without saying too much, are we on track’. Her answer was, absolutely.

I now live in Wakefield near head office, and originally from Baildon, where there integrated print facility is, and know a lot of employees. So I am biased in the fact I know the business very well from that point. Nothing more, nothing less.

No offence taken. Best of luck.

Finally. Before the last update, it reached a fair price of £1.40. But, a mixture of the NI increase and NLW increase, with a trading quarter which is there lowest of the year in terms of celebratory events, caused a huge overreaction.

With the Government noise out the way, we have Xmas, Valentines, Mother's and Father day quarter incoming along with the expansion. IMO. We should see this back to £1.40. Very soon.

In terms of TA. Look at the rounded bottom on the 3 month chart and simply follow it round to £1.40.

I got in with 15000 at 0.79/80.

Haha you did. All good. Thank you. By the way, I am pretty juvenile at times, but I can’t change. If this list below helps, I’ll summarise.

1. CARD is now above pre covid trading.

2. Majority of Covid debt now cleared/paid off.

3. Increase to 1020 stores, but more importantly, stores have been redesigned and upgraded to optimise sales in the secondary gift category where the much higher margin are.

4. Brett Blundy, Australian Retail Billionaire bought £8 million shares at £1, some 6 months ago. Interesting he owns low cost Jewellery firm ‘Lovisa’

4. Insider buying in the last 12 months

5. Expansion now into the US with the accusation of Garven. Wholesales as well rather than shop estate

6. Partnerships with Matalan and Aldi

7. SA gifts and the reject shop in Australia

8. Slow and steady increase in there online and app development, including click and collect, personalised cards etc etc. Cheers

Bott, my sincere apologies, I’ve just re-read everything and your prior post, I’m sorry. Had a few sherbets, and jumped on the defensive because there’s been so many de-rampers today! Without thinking or looking properly.

Best of luck. I’ve been in and out of CARD for years.

I’m normally pretty good at TA, but at the moment, imo it looks like a combination of, shorts closing, and a big buyer coming in, and the MM driving it down. However, Blundy bought £8 million for £1 recently So anything under that imo I’d snap up. Apologies once again

Bott, if you used your technical analysis like me, you’d be in at 79/80p.

You, Polish and Steve have had a busy day in the classroom and it’s time for bed.

bott, but the book down, you absolute moron. can’t even ****d writing anymore.