Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
You might be right Rox, the ‘Cup and Handle’ for CARD played out beautifully, if you look at the formation of it from the 9th December, to the bottom of the handle on Monday 20th December, then the big rise.
The exact cup and handle pattern is playing out IMO for WRKS, be it about a week behind. Look from the 10th December to present to see the formation, and the handle is now forming. All IMO but end of this week or even a few days I predict the outbreak. When is there TU Rox?
Dean, even
Interesting- https://www.pgbuzz.net/the-works-ipo-repeats-success-for-dean-hoyle-card-factorys-co-founder/
My friend knows David personally and text him on my behalf about his opinion on CARD shares.
Well Simes, we have seen the shops rammed, queues at the tills around the country, we’ve spoken to the staff directly, even reports on the freight going in and out from the factory. Things have only got much better from the positive September TU due to Xmas
We know card margins have to be around 100% to counteract the wastage which there’ll always be.
This should counteract all your points above.
You could well be correct Lombard are being clever and maybe know something we don’t. But there is no evidence from the outside to suggest otherwise, which is why we are questioning.
It would be good to know your actual research? Our point are backed up, yours are extremely vague.
We will soon find out either way?!
Hope you don’t mind starting a new thread on the Short Position, getting lengthy the previous one.
This is getting interesting this morning!
On a lighter note, working in my hotel restaurant last night, I spent an hour tidying up CF products. I picked up 8 CF bags, left from various birthday celebrations that evening, along with left over balloons, cards, glitter, banners and ribbon etc. It gave me a nice warm feeling haha.
Thanks for this Rox, well explained. Is it therefore feasible if they have what we predict a bumper Xmas to pay off an extremely large chuck in one go? If not all? Or would that not make sense?
I heard a rumour a CF shop nearly caught fire yesterday, the tills were smoking from the sheer volume of transactions.
Don’t let the truth get in the way of a good story!
Hi ASR. I can assure you the High Street ones are rammed as well from all our research around the country :-)
Great feedback, thank you Ginner.
On an even simpler note….I just don’t think they realise how much £ is going through those tills and just how busy it is! That’s the beauty of our research. We can see it first hand. Not through a window in Canary Wharf.
All part of the fun and games ey Rox! Plus you have more time on your hands which can be dangerous haha
Good shout Vegas….problem is when this goes, it’s going to GO…and we don’t know the exact timing so probably safer to wait and not get greedy!? IMO.
So if I sell now, take plenty profit, and hope Lombard take it back to 52 again, then buy back again. That would be great.
But I know if I do, it won’t, and it’ll keep on rising! Right head blag this game.
Nice one Tombeef, no, mine was the same on 212 slight delaying
What do you mean Smorty?
Thanks Thomson
Pontefract store today, rammed! Almost too busy, as people struggling to get past each other.
Hi mate, all good thanks, hope you are too! Yeah got out in good time thankfully! Something didn’t feel right at all, and that was just ‘hunch’ in this game! But agree very cheap now. I have no question on them having very good results late Jan. I think it’s just ‘how the market is reacting to Omicron’. and see how early Jan pans out?
I’m watching everyday, and probably buy a good few thousand on a CFD 2 weeks before results?
I’m holding CARD for great Jan results and able to pay down lots of debt etc. and be back to almost pre-pandemic levels. I think there will be a 2 week lockdown on 27th, but CARD already have the profits and Xmas season in the bag! So won’t make much difference, again just how the market reacts, but I think that’s factored in now, by the looks of it.
This is all just in my opinion, DYOR, and don’t follow on my opinion, I could be completely wrong any one else reading. Just my personal thoughts.
Cheers BB, stay in touch and good luck!! Enjoy Christmas! :-)
Copied and pasted -
Markets will typically pre-empt any major market moving event and look to the medium term, thus raising the attractiveness of ‘reopening’ names as seen today for the likes of WHSmith, Restaurant Group, Card Factory, and Cineworld."
On the macro front, figures released earlier by the Office for National Statistics showed retail sales unexpectedly jumped in November, boosted by strong demand for clothing and a bumper Black Friday.
Retail sales volumes rose by 1.4% in November, following growth of 1.1% in October, which was revised up from 0.8%. The November increase was above consensus, with most analysts looking for growth closer to 0.8%.
Year-on-year sales growth strengthened to 4.7%, compared to a 1.5% decline in October, also above consensus, for 4.2%.
Retail sales are now 7.2% higher than February 2020 levels.
Driving the improvement was stronger clothing sales, which rose 2.9% and beat pre-Covid levels for the first time; volumes were 3.2% higher than their February 2020 level.
Totally agree Common. 100%.
Although I feel that the government has now lost that much credibility and also won’t have enough money to fund another lockdown. But even if they did…as you say, and Rox has said. 2/3 weeks in Jan won’t make any difference. All we needed is now and the next 7 days.
Sold today, had enough, gone all in on CARD. GLA.