Member Info for Carllapos

Mickymix,

Your left this stock some time ago her still lurk on the board I always have to question why someone would do that? You either have too much time on your hands or your ego just loves to say “I told
You so”.

The only similarity between the 2 companies are that they sell cards! Other than that, your comparison bares little relevance

If you’re willing to buy into an RI should one happen, then take the plunge and have a gamble now, at these prices it’s worth a punt.

Let’s see what happens when we get to 36p, break that and then 39/40p will be the next resistance test. Break that and we’ve got clear road ahead.

Fantastic write up.

Future forecast is what bothers me the most to tbh. I think they will be reserved at best. But we shall see.

There is legitimate concern why Brown didn’t capitalise on the online surge. But for me, the explanation is ;
1) browning chose to aggressively cut costs including marketing whereas Boohoo etc decided to be aggressive
2) different demographic. Boohoo and ASOS customers are teen-30’s. These guys are buying clothes regardless. Brown client base are more likely to big clothes with purpose. EG, work wear, holiday wear, outfits for occasions etc. So when life returns to normal, their client base will come out of the wood work
3) home essentials has capitalised ok the online growth and has shown encouraging figures.

Browns has been out of favour with the market for some time now. And if you look at the stocks that have been the slowest to bounce back after covid (Lloyds, SHI, CARD, Browns, CPI etc). They were largely unloved prior to covid.

But they now also offer the hear potential gains in the coming 24 months if some patience can be applied. These are “proof in the pudding stocks”. Investors are not going to return to them until they can see a clear sign of growth. I think browns is well positioned to have a good future, we just need to be patient. But I’ll be very surprised if this is below £1 by the end of the year.

You can usually select overlay when using the chart that will plot the MA for you I think.

4U2NV,

I think calling you bearish would be somewhat of an understatement! Whilst some shares are overpriced in my opinion, the FTSE as a whole, is undervalued.

Assuming vaccine roll out goes well and the economy reopens, I think we have a bull run ahead of us before any possible correction. There will be strong economic news during those months, positive company trading reports and a general feel good factor etc etc. I think the pain will be felt more in 2022 when the reality of the damage left in the wake of covid kicks in.

For the sort term. I think the biggest threat to the FTSE is the overvalued US markets, because as we well know, when the US market crashes it takes no prisoners.

Thanks mraltruistic,

I’d like to think we can break away from 150p prior to results. Just over 1 week to break 160p.

What’s your outlook on the results?

In truth I’m hoping to hit my price target of 165p prior to results so that I can avoid the roulette! Ha ha

We’ve had a good week form the base of 131p, so bound to be some profit takers as I think 150p will be viewed as a resistance point.

Crack 150p and I think we should push on nicely from there

Really testing the resistance today! Come on SIG, you can do it tomorrow!

Hard to say without knowing their proposed solution to the liquidity issue.

But assuming no more lockdowns and no share dilution, I think 80p inside of 2021

Not you as well! Ha ha ha

Nail on the head there!

I’m a floating voter and I voted against Corbyn. The worst part is, I’d do it again regardless of how much little faith I have in the government!

Let’s see how Starmer gets on rebuilding labour. It’s a tough job for him as the far left now have their claws deeply inserted into the core of the party.

Kullumama.

The logistics of selling cards online is much easier than groceries etc they are also not at the mercy of the like of Amazon etc as they won’t need massive server capacity.

As you rightly say, card is also a low cost model. They could put 10p onto the price of cards to cover additional operational costs and still be way under the completion.

My view is that online will not cannibalise store sales, it will merely reach a target audience that has been missed until now.

I’d you look back through the RNS, it will have e the figures you need to break it down.

I’d you can double your money, you’ve done well.

I think that’s possible inside of 12 months. Above and beyond that is a long road in my view.

Thanks for your input GCN.

As I say, not my strongest point. But to my mind , the chart has bellied several times at 33p since dec. So looking at the chart from the last 2 weeks, I view 33p as the resistance/breakout point with further resistance met at 36p. But I think/hope that if it breaks 33p with decent volume, I don’t see 36P holding as much resistance.

#StillLearning

It’s not out of the question, I’ll give you that. Although I don’t think it’s plan personally.

Agreed that management of card is p*as poor. But despite this. They’re still made circa £60m profit year in year out. The new CEO isn’t the most inspiring appointment, but it doesn’t take a genius to see what needs improving. The fact shops aren’t pushing online is hard to get your head around.

All that being said, the nice thing here is that card doesn’t have to work too hard to make very good money. So we’re not talking about a massive turn around job, so won’t take much to get the SP moving.

As for the other mentioned stocks. Cine is a massive roll of the dice for me. 70% of income is generated in the US and they’re in a worse state than us, no word on studio releases, pending lawsuit, huge debt pile that will need addressing ( likely that shareholders will pick up the tab down the line). Not for me but will watch.

Aston Martin - automotive is my industry by trade and I fancy Aston to do very well in the coming years. Stroll is no mug and he’s surrounded himself with some of the best people in the industry. I think it’s worth a long term punt.