Member Info for Carllapos

Wonder what the highest price would be now that has passed ? Looking at the chart, within around 2 weeks time, I think the honest price would be around 40p.

But I don’t think shareholders would vote in favour at that level, especially given how many have held prior to 2020 and have a high average. I think any offer would have to be at least 50p to gain any sort of traction.

* just about

I was just a not to create a post saying a close over 36p is very good news in my opinion and could mark a breakout. I’m guessing next resistance point is around 39-40p range.

I’m in long, but I’m still expecting some bumps in the road. As great a business as card is, it’s been very poorly managed over the years and rather than sitting on large cash reserves, it’s sitting on large debt.

They’re being very coy about this refinancing and offering little forward guidance, so I’m expecting a nasty surprise at some point. But it will recover and card will head north because a return to profit is almost a given.

That’s right Pat, paddy is paid to spend his time on forums to persuade a handful of small time investors to sell up their few thousand shares.

Yes paddy could be a bit repetitive with his message and I’m glad we’ve had a nice bull run. But the issues he raised were and are a genuine risk here. Which is fine, we all take risks in the market, but to dismiss the risk is totally reckless.

Not a single investment is without risk, the risks associated to card are obvious, counter argue those risks by all means, but to dismiss their existence is a rookie move.

For what it’s worth I’ve seen paddy on plenty of other share chats that he’s invested in, he’s not a kid deramper. .

There’s a lot of merit to what has been said on this thread. But I don’t buy into the fact that card has lost permanent market share. It’s pure unfounded speculation. CARD has a strong usp as a budget/value retailer and I don’t believe it’s competitors are able to compete on that element and many such as moonpig have no interest in going budget.

Yes card need to evolve, but I don’t think we’re going to see a mass exodus of their client base.

For me though, the bigger target is not the return to retail, but the return to socialising. Because without social occasions, there’s not much for the shops to be open for.

Yeah as much as I’m enjoying this bull run, I’m really not comfortable with the lack of clarity in the RNS. It’s certainly anything but final.

MSM, that’s how I feel, but we shall see.

It wouldn’t be the first time I’ve seen a share rally into an RI announcement.

Had an upgrade has it. Lovely.

It won’t make much of a difference, but at least it helps validate our train of thought.

I’m no chart guru, but from what I can see a lack of volume has been the main issue here. I’m hoping that the March results catch the attention of Institutions looking for more recovery plays. Without some big boys on board we will never get the volume we need for a big push.

But there can’t be many Shares left with this much recovery headroom surely and as long as SIG keeps the recovery on track, it’s time will come. You can’t keep a good share down!

In simplistic terms, all I know is that this stock is way undervalued right now and will sooner or later re rate. Happy to wait it out as it offers very little volatility with a strong upside. I’ve rode far too many rollercoasters this year and I’m tired of them! Ha ha.

No such thing as “no news is good news” where the stock market is concerned. The market hates uncertainty!

Price seems strong today in a largely red market, which is good. But I can’t see any positive in having no news in the liquidity situation. I can’t see there being any breach as it’s not in the banks interest, but with the recent hike in the SP, an RI may look like an appealing solution to the board.

Shocking English! Ha ha. My brain doesn’t fully function until my second coffee in the morning.

But the great thing about forums is that there’s always someone waiting in the wings to spell check you.

I’ve got a sell set at 50p as I’m expecting resistance at 51p as you also suggested. Any push past 51p will depend on results. I don’t fancy being in for the results as I think it’s 50/50 how the market responds. So I hope to hit my price target this week, sit the results out and then re enter once we know the results. Long term bullish though. I just don’t like near term uncertainty. I’ve had my fingers burned on results too many times this year.

Do you actually think there’s enough action on
This forum for a thread to effect the share price!? Ha ha ha. This isn’t GME mate.

Hold or sold, the choice is the investors. He’s made a tidy profit and has cashed in at the next resistance level. Not exactly deramping is he! My lord some of you guys are funny.

Sig and capita still have legs in them. capita has just started moving, but SIG is quite stubborn, but everything points to a strong recovery.

They done an underwritten share placement, so no rights attached. It didn’t impact the SP really as they didn’t really discount. The placing was at 57p and the SP when it was announced was only around 64p.

So all it done was kept the SP pinned at around 60p for a while.

Mdunsire,

That is very true. But that’s assuming they go down a conventional RI and not the same source as BRWN did.

LPD,

I don’t think they drew down on their CCFF in
The end?

Not sure about dividend, I’d imagine it could be a while given the loss made and the poor cash position.