The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
Was that you mate (roxburyHouse)that bought 65k at the end lol.let’s hope now it just keeps going up.
I agree with lovelace 1958.I think close of today or tomorrow it will jump to 60p to 65p.that’s my guess.and if the results are decent it should cross 70p end of next week.People already shopping for Christmas.So Sp should go upwards now.
If they give that money to charity still they will get money off from tax bill as far as I know.Also I don’t think smaller companies give the money away to charity.it was just something came to my mind as in our shop we started to charge.
Interesting fact.As you may know the charge for carrier bags has been increased from 5p to 10p and it’s mandatory to charge.if they serve about 200 customers a day and only 50% customer buy a bag.they can generate almost 3.5m from the carrier bag itself.if you see there bags they should not cost more than 1p to buy for them.just a interesting fact.they should just cover the 5m penalty if they fail to pay back the dept in time.
It’s holding it price.Worried about more than 1m sales.We retail shares are up.So fingers crossed we move up now slowly again.
If I say based in my shop.In cards we have have the biggest margin.Our margin is at least 60-70% on cards.so if I buy a card for 85p normally we sell it for £2.50.And we have to buy it from suppliers but in card factory case they manufacture there own cards.so I would say there margins are above 80% on cards.Balloons and gifts the profit margins a bit less.somewhere in between 46-55%.But again they manufacture there own balloons and gifts.so I would say there margins are much better.normally after staff cost and rents and other running costs we are left maybe around 10-15% for ourselfs.So if card has better margins they should be left more than 20% in profits.So if they make 450m than they should have at least 90m in profits.also online margins would a lot higher as less rent and over heads.So they should make that 70m payment easily as long as we don’t have anymore lockdowns.
Also I want add when card factory was marginally down from there last trading update I was down more than 50% at that time.Now I am still about down 25-30% from pre pandemic levels.But I think they will be up now from that as people are a lot more weddings and parties now as people have missed there birthday parties and weddings last year.
So we should get a positive news in the next trading update.fingers crossed.Hope it helps.
Roxburyhouse soon you will have a million shares.hopefully you can 3x your money at least.best of luck mate
You are a millionaire already.Hope you 3x your money by Christmas
It doesn’t allow to attach a picture over here.Also the article was in June.I don’t think I have kept the magazine.I will have a look when I go to my shop tomorrow
RH I think it’s possible.especially if we have a good Christmas and Mother’s Day.we will easily achieve that.Also my shop was offered 50% rent off the closing period and also rent reduction for future.So card factory is gonna huge discount on rents and future rents.also I read on a greeting card magazine called pg live(it’s for greeting card retailers only) Card factory has increased profit margin on their products to recover the money.Also if they are increasing their online presence than I think they should easily raise the 70m by July next year.Only road block if we have again lockdown.so fingers crossed we don’t have anymore lockdown.
I really hope so mate.I have retail Greeting card shop myself so I don’t want anymore lockdowns.I don’t think there will be a lockdown.But the problem is the media.Hopefully is starts recovering soon
Hard truth is I think everyone is worried about COVID infections and prospects of new lockdown in September.SP is dropping nothing to do with card factory performance I think.I think government should change the idea of counting cases, they should just count how many people are getting to hospitals and how many is getting seriously sick and dying.Than maybe people will less panic I guess.let’s hope we do not have any more lockdowns.Hopefully we can reach again £1 soon.
Well done mate.you will be fine.I think market is very cautious at the moment.We seen it in March and April how quickly the share bounced back.once we are out of this 3rd wave of COVID I think the shares will jump up again.I have spoke to few of the card factory employees as I own a card shop myself,they all said they are really busy and hitting their targets.so fingers crossed
Thanks mate for sharing some positive news.I am tired hearing only negatives.hopefully boris gives us some positive news Monday now.
I didn’t ask about card industry andrewukdealer.I own a greeting card shop myself.Most of the guys have no clue how big is cards and party industry.I have small shop in shopping centre.Precovid our turnover every year was 400k.So you can imagine a small independent shop like us if they can have that kind of turnover where there is already 2 card factory,1 massive Clinton’s,1 party delight and 1 cards direct.so card industry is not dying.and I do sell £3-£10 cards.People still want to buy cards and gifts.My question was why is the drop in Sp.is it due to COVID cases rising so investors a bit worried we might have some lockdowns in future or due to the fact of equity raise.I have no doubt it will go back 1.50 at the least once life goes a bit to normal.and card factory is not going to go bust.they are a profitable business.it’s just a matter of time it goes back up.I was asking as I am new to investing in shares so that’s why I was surprised that a company like card factory shares are so low.
Hi Everyone,
Why is the SP dropping everyday? Have we not reached the lowest point.
Hopefully we can cross 70p next week.Maybe 75p if boris gives us some positive news regarding the roadmap.fingers crossed.
Also I am not sure how many people have noticed every card factory store has a window sticker saying they are online. They do personalise card online.So they are already trying it put it on customers mind already.Hopefully soon people do there online personalise card from CF rather than moonpig as CF is a lot cheaper than there competitors.
Here we go again.read some articles about card factory shares.It states everywhere either to buy the stock or to hold.All retail shares are down due to the uncertainty of COVID.Once we clear that hurdle it will start to rise.have some patience.or just sell it if you can not take the stress
I have seen that as well.fingers crossed we reach that soon.