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Why would somebody pay you 35p for your shares in order to collect 35p in January? There is nothing in it for them...

Engadine Partners LLP reduced short from 0.82% to 0.78% yesterday.

Card Factory was 90p before COVID, and in my mind only two things have changed since then:

- NEGATIVE 4+ months of lost income this year, and this years Christmas season is probably a write off.
- POSITIVE Closure of large numbers of Clintons Cards stores across the country.

50p plus this week looks likely but 80p plus in a few months is what I'm expecting.

I think it is pretty clear that in the post vaccine world shares are returning to their pre-pandemic levels, which for AA would be mid 40s. I think it is likely that dividends will resume, possibly as soon as February. For these reasons, I think a deal is unlikely - it was mainly opportunism when the price was lower. Now that it is rising, people won't want to sell.

There is no reason why the offer price should be related to the twelve month average share price.

Any sales by Karen Hubbard won't be reported as she is not a director. Her holding could be 0.

If all 50k furloughed staff return to work, the company will receive £50m as part of the job retention scheme announced today.

If all 8,700 furloughed staff return to work the company will receive £8.7m under the job retention scheme announced today. Given that most have already returned to work, this is a free windfall.

Freedom4Uall
Posted in: CARD
Price: 51.90
04 Jun 2020 10:30

Results
Anyone know what time results are being published ive got 50 k with this company it looks good.

Freedom4Uall
Posted in: CARD
Price: 47.05
10 Jun 2020 14:12

Good fundamentals
Good fundamentals 70p next week

New holding from Sparkasse Bank Malta: 4.43%.

Nothing was discussed. They just said the results would released by RNS and that they hoped to have a proper AGM next year. Questions were not permitted. The call ended at 10:04.

The AGM lasted approximately 4 minutes and merely said that vote results would be announced by RNS. Not sure what the point of having it was. If it wasn't practical to hold a normal AGM just don't hold one!

There is normally a trading statement before the AGM.

Instead of purchasing shares, JPM are borrowing shares from somebody else which they have to return at a later date. If the shares increase in value, the lender will have to make up the difference. If the shares drop in value, JPM will have to pay the difference.

"The Company has been informed by the London Stock Exchange that it must comply in full with all continuing eligibility requirements under the HGS Rules within six months of the date of the extraordinary general meeting of the Company's shareholders approving the sale of Team Internet which occurred on 24 December 2019 (the "Compliance Period"). If the Company is unable to meet all continuing eligibility requirements within the Compliance Period, the Company's securities will be suspended from admission to trading on the High Growth Segment of the London Stock Exchange's main market for listed securities."

Should be a TR-1 on Tuesday to confirm. My guess is that Parvus is out, and with 3% of the company changing hands in the closing auction then at least one entity needs to notify of a holding.

17.7M volume in uncrossing trade (3% of company) - Parvus out?

"Breaking 30 now."

If you don't consider this ramping, maybe lying would be a more appropriate term?

Matomy has a net asset value of around 3p. A change in management is not going to change the value of a company with no business.

This share will delist from LSE on the 24th of June. I see no justification for the current share price.