Member Info for Carllapos

Wiscos, VAT payments have been deferred and potentially corp tax payments from last year. We don’t know, as they haven’t confirmed!
Vat is a given, i’d like to think corp tax has been paid.

This years losses can at least be offset against previous years profit to create a tax rebate.

Balanced views are not allowed, you’re either 100% bullishly blinkered or you’re out.

We’re in the middle of a pandemic yet people are still so reluctant to want to accept or discuss risk! Every share has a risk, even in good times.

Dan,

High debt & Low cash reserves

lease liabilities, rent arrears, deferred tax all omitted from recent debt disclosures and doesn’t offer a full picture of the real debt.

Card is still a bargain when looking at the sort of profit that it’s more than capable of generating. But company management has always been a bit poor and let the business down.

If they carried out a cap raise last summer when everyone else was at it, we’d most likely be sitting pretty on the right side of 90p now

And before you call me a scumbag like the childish idiot that you clearly are, read my post history on here and I think you will find I’ve been here the best part of a year and I’m bullish on card. I just happen to have a balanced and open minded outlook, because unlike some idiots, I don’t ignore the risk when I’m investing, there’s no such thing as a risk free investment.

I’ve been in card almost solidly for 9 months, only juts sold my last holding this week as I’m more than happy with a 100% gain given that the risks are still real. I’ll be back in once we know more. It’s people like you that are dangerous to others.

Wow, the irony of this post is off the chart.

“Beware if misinformation”. Yet you then state the company is safe and the balance sheet is fine. NO IT ISN’T FINE!

Yes the company is safe in my opinion and the chance of liquidation is very low. But you would not find an analyst in the land that will tell you this balance sheet is fine, it wasn’t fine before the pandemic, let alone now.

If the balance sheet was fine, they wouldn’t be discussing refinancing in the previous RNS! It might not be an RI, it might be just another loan, it might be a share placement without an open offer (worst possible out come). But they do need cash.

The balance sheet is not fine and you are the source of Disinformation.

I’m very bullish on card long term, but I’m not so stupid as to think there wasn’t any risk attached. If there wasn’t, we’d be well north of 90p by now.

A cap raise would be the best thing for them as long as they re-invest. Short term pain for long term gain.

The lack of liquidity is holding this SP back. If they could balance the books, return to profit, return to dividends and grow turnover by strengthening online, this could be/should be north of 200p (excluding any TERP adjustment)

If we can hold a tight trading range around 40p leading up to the results, I’d be happy.

If the wider market is still full of positive covid sentiment, then we could even push up a bit along the way, who knows ?

It still baffles me how a share like this has been held back so much when it’s barely been effected by covid. Yet debt laden airline stocks etc have all rallied despite the next couple of years trading still looking very tough for them. Rationale playing very little part at the moment.

It’s not been at 70p since 2018 and we’re now in period of record low interest rates and high risk debt, so I can’t see 70p. I’d just be happy to get to 50p for now!

We’ve broken.......but can we hold.........

Personally i still think a capital raise is coming in one form or another. The balance sheet is a mess and you can’t keep borrowing your way out.

As welcome as this massive rise was, it doesn’t feel like there’s much substance to it.
I think there’s a fantastic long term play here still. But for now I’ve sold the last of my holding whilst the going is good and shall now wait and see how the liquidity situation unfolds.

Your posts are very emotionally driven, they’re up and down like a yo-yo! Ha ha

Down Jones is the one to keep an eye on. The Nasdaq won’t have a massive global impact, but when the dowis down, the world is down. No share is immune, but I’d say SIG would be fairly resilient as unlike so many shares prices today, it is actually supported by fundamentals and is still very cheap.

The US markets are way over baked and sit much higher than pre pandemic, which is crazy on so many levels. So the other potential outcome, is that money starts to shift from US markets to UK markets as its seen as better value and out vaccine roll out gives us a better economic outlook than most......one can hope.

This is the strongest we’ve seen the share for a long time. I was expecting a retrace to 36p today, but instead we’re breaking 40p again!

I honestly thought it would take a few days before we broke 40p again., Very surprised, we need that elusive close over 40p.

Thank you.

I think 50p will be seen by June as long as Covid news stays on a positive course. Obviously if Covid turns bad, so does the market. I do have my concerns about schools returning pushing up cases though.

If we can close over 40p, I’d like to think that gives us a clear road to 50p.

What other recovery plays do you have at the moment? I’m in SIG, CPI and Hyve, I’ve just closed out of CARD. Still some money out there

Peter,

I still made a bit from card as I kept £10k in. But I closed a £25k contract and sold £15k at 35p as I was getting edgy about the liquify situation and felt a rights issue was imminent (still might be)

Anyway; that was about 4 days before the Boris announcement and we all know what’s happened since then. Short changed myself of out of a £40k+ profit!!

I can’t see many risks associated to capita, so I’m sitting tight on this one and hoping for a similar gain!

The graph has got shake written all over it with that sharp downward triangle. Buckle up.

Paper,

In that case I’m 99% sure they forecast a £10m loss in the last trading update.

Well I really wasn’t expecting to break 40p this convincingly!!! Happy days if we close over 40

Unless you lean Y/E 2020. In which case turnover was £451m, profit £51m after tax. But none of that trading was during the pandemic.