Member Info for Da_Matser

Have had a good look at these and would like to pull the trigger. However, this would mean having more shares than the CFO (just £4k), which does not inspire confidence. If a CFO can’t back his own company then why should I? That’s a major red flag for me.

@BigBoo2 Just as I thought, long term investor my @rse.

Incidentally, I know how to spell and my username is intentionally spelled that way.

@BigBoo2 There seems to be a contradiction with your recent messages.

"by its nature, it is long term", "banged on about long term, long term long term... Cooklin said in a recent presentation they expect this to underpin their commercial objectives for the next 3 -5 years" suggests, like me, you're a long term investor.

However, "40k buy through the 11am uncrossing, tidy" and "this needs news to cross 285/90 into the 3s" is trader talk.

Why does the SP "need" to do anything?

@Peoplepower1? Link??? Try googling Companies House.

@Peoplepower1
1. Since when have the banks let go a profitable business doing £50m a year, generating high cashflows in normal years? The suspension of dividends will pay back the cash in no time. If the banks wont't lend, shareholders will.

2. St Patrick's Day? You having a laugh? I'm sure MP and FP will rake it in - not!

@rws1 Thanks for the explanation on the RNS’s. I see we’ve had a couple more today. I guess a share split and increased activity would make the stock more ‘normal’ and these RNS’s less frequent and improve the bid-offer spread too? Not of great concern though if you’re in it for the long haul.

I’m certainly not in the top 10 but I am an II/PI. I’m currently in this for £6k and both my son’s have a holding too. We work together on our investments to cast our net wide and far.

I think the fact they’ve rejected all bids for the company is a very strong signal and as you say, shows this is not just a lockdown play.

@Tav Nothing wrong with wishful thinking as long as you had a decent position already. However, if you were looking for an entry point, then my condolences.

@swedishinvestor (surely not the one???)

Have a look at HAT (H&T). Results are out on the 23rd. They have given some positive guidance in the latest trading update but Mr Market hasn’t taken the hint.

@Paperhands Oops sorry, a Ben Graham reference from The Intelligent Investor. Hope that didn’t offend you?

@PapaeHands You obviously haven’t read or even heard of One Up On Wall Street. It’s by Peter Lynch, not Warren Buffett.

You going to **** off Peter Lynch now as well? I suppose Lynch & Buffett are clueless are they and you’re an absolute genius???

Look how the tables have turned.

LPD has gone from giving us our daily briefing (because we don’t have a TV) and telling us the future is bright here to sewing seeds of doubt and questioning such a large rally as if there are dark forces at work.

PaperHands has gone from telling everyone to hold onto their shares with an iron grip to spouting off about an RI or takeover - the latter of which is bad news because???

At least Tombeef admitted he ****ed up.

Get over it guys. You sold at the wrong time and are now knocking on the door but this institutional buyer is not letting you in.

If you believe in the company long term, then sure, take some profit and rebalance if you feel exposed but why cash out completely?

This ship has sailed, but we’ll meet you at the next port if you like?

There maybe a number of holidaymakers - of all nationalities - who will boycott Pontins for a staycation this year.
Butlins, independents and Premier Inn should benefit from this scandal.

If you’re tempted to sell/trim remember the words Buffett used in his year-end report quoted from Lynch’s One Up On Wall Street.
"Selling your winners and holding your losers is like cutting the flowers and watering the weeds."

@MakeSomeMoney The growth strategy is plastered all over their investor relations site including a webcast on 28/07/2020. There have also been plenty of trading updates on the switch to online sales during both lockdowns. Also, if you think the app - now well-publicised on social media and ranking well in the App Store - will have little effect on sales then that is your opinion.

Even without these potential boosts, this is still undervalued by my metrics, which is why I am holding even after doubling my money. If you want to wait for the FY22 final results, then that's up to you - but my guess is the SP will be much nearer fair value by then.

As others have said here, you get paid for doing your homework and realising that Mr Market has got this seriously wrong. That is not speculating, it is calculating. As others have also said, I am not in it for the SP gain, I am in this for the earnings at the end of the tunnel.

Have the hedge funds employed another deramper since Paddy lost all credibility, I wonder?

@swedishinvestor You’re not... Sven Carlin... are you????

@MSM That was before the new app, the new website, new CEO, the new growth strategy. It’s called a turnaround. Just like REDD.

@Tombeef I’m disappointed in you selling out. I thought we were on the same page ??????? A little trim at 50p for sure but to sell out completely? That’s Tomfoolery!

This has a long way to go imo. It’s a hold for a couple of years until we see what this new CEO is all about.

@NicetoMichu You’ve reminded me to sign up to RNS announcements!

Things were pretty boring at 70p but I was hoping for a dip so I could top up. Looks like this announcement will rebalance my portfolio though.

Looking forward to seeing what they can do with both of their acquisitions - particularly as we build our way out of this mess.

He’s gone to invest with Sparkasse Bank.

Seriously though, who we kidding? He was obviously secretly filling his boots. He’s gone to talk one of his other stocks down now.

@rws1 thanks for the regular updates on prizes vs revenue.

What do these RNSs mean? Are they like price alerts for institutions/brokers?

Must admit, as soon as this dips below £25 I’m topping up myself. It probably will be the support line.

Obviously, this year was a one-off due to the transition to fully online and folk going out of their mind in lockdown turning to gambling but what are your views for the long term? Say 20% CAGR?

@coolbeans44 Why would a company making £50m a year (if allowed to open) be allowed to go to the wall? Also, as per my previous post, a 15p dividend is exactly what's got CARD into this mess. The old BOD was like a kid who'd just been given his pocket money.

Also, I have heard many others on here talking about it being the end if the SP continues to fall. Companies don't vanish into oblivion because Mr Market is having a breakdown.

@TomBeef So, you've taken the plunge and topped up. Your future self will thank you.

@Anotherbadday1 Paddy's had a day off

COVID aside, what the hell have CARD been doing the last few years? Payout ratios:
2017 124.87%
2018 142.11%
2019 92.86%
In 2011, they buy Getting Personal and it's been hanging around like a bad smell ever since.
2020-21 They finally break into the 21st century with a new website and app.
I had more shares than the BOD until Kris Lee recently dipped his hand in his pocket as a gesture.
Earnings were falling pre-COVID, debt was sizeable, NAV is zero and as above any spare cash was either thrown at shareholders or crap businesses.

Fortunately, I got in at 24p on 26th May (so I feel ya Anotherbaddy1) and will be holding for the recovery as CARD can generate the cash. I just hope this CEO knows what to do with it.

It took about 15 minutes to write this as I keep getting distrated by JD Sports clickbait of half-naked ladies. Fortunately, I hold JD. too ;)