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Hi I agree with you post. To start with the loan restructuring RNS is worth 15p on the share price from what it was before hence 61p and then with good results on the 3rd May another 15p making the price around 75p or 76p. I had not even checked what the Dow was until someone posted that it was down a 1000 points. With the Dow having risen at a much greater rate than the FT. I don't think it should have any effect on CF SP. In fact I would see the SP recovering the 3.5p fall on Friday plus some more, because there are still these shorts to buy back at some point next week.
A hedgefund is an unregulated alternative investment vehicle to achieve strong returns independent of market forces, to use strategies and financial instruments. But IMO these funds can become unstuck if things go better than anticipated, which is the case for card who have dramatically improved matters with the loan restructure. So we are quids in guys GL.
The Company ownership breakdown is as follows -
Institutions 59.3%
Hedgefunds 20.0%
General public 15.0%
Individual insiders 5.4%
Public Companys 0.1%
Private Companys .06% making a total of 99.86% I don't know why it is not quite 100% but this is it. I hope this information is of some interest, perhaps not, but I like researching numbers.
Card Factory opened a new store in Peterborough on Friday 22nd April creating 6 Jobs.
I went past the Card Factory shop twice today and this is no exaggeration it was as busy as Christmas. I saw 3 people with big bags of balloons, weather it was just a fluke or maybe a rush on Birthdays , however the weddings and christenings are back on now, imagine how many cards are given on these celebrations. I might send Simes some kind of card ha ha.
Another possibility are the loan repayments which were monthly, which had seen the net debt fall considerably month on month, I do remember the payments were a lot.
Hi I have just checked both statements and I can not see any explanation for it, that is unless it reflects the 3 months period between end December 2021 to end March 2022.
It looks like Lombard have not reduced the short. They are still at 1.41% there were a few very large buys 200k and 250k so perhaps they might have been a reduction, perhaps it takes a few days for things to show. Whichever it is nice to see some serious buying compared to the 130 daily trades a day over the previous weeks. Only 5 trading days before the results come out, due to Monday week being a Bank holiday. GL
Hi Simes
You said that "every Directors report since profits were from 100m sliding down to 0 has been positive " and some other things. Well the January report by the Directors was not positive ! In fact it cost me 8k and we were all expecting better. Now just let me say Simes you seem a very dodgy person who makes it their entire effort to spoil everyone's hopes of a profit from there investment in Card Factory by deramping it at every opportunity. I would like to ask you two questions but you only need to answer one of them . (1) Are you an investor in Card Factory ? . (2) Are you a short seller of Card Factory ? And if it is neither why don't you just leave us alone, and find another share to talk about.
I slurped up a 12.5k and a 10k and they showed as sells ? That is weird.
At the end of the RNS the CEO said " I look forward to updating you on our progress at our full year results next month " I would think that this is quite a positive comment.
Hi Simes
If everything was so predictable , why did Lombard increase there short at 48p ? Why did they not wait until it was 60p. I will tell you why. It is because they got it wrong. The price will go up tomorrow and the next day, it will in fact go up until next Friday. Then on the Tuesday 3rd May it will go up so much that it will be like the biggest Rocket that was ever lit.
Good Night
I would like to take you all back to when we were all trying to predict what the announcement would be in January. We were all thinking it might be in the mid sixties, which became a profits warning that as stayed at the top of the HL news what might seem to us forever. We all lost loads of money, I was always hoping they might do an RNS just to take that away, well it is here, good luck to everyone who kept invested.
Thank you for that.
I also bought 5000 Rank at £1.17 they are over sold today down 8.88% due to the Spanish Grosvenor Casinos losing trade due to a lack of travellers to there. Which I anticipate will be short lived, just my offer as a tip. GL. Amazingly I spent ages last night ramping Card Factory ha ha it was almost like I had a crystal Ball because it was like I was seeing tomorrow today lol everything I put was spot on, it is not very often when you get things right , but when you do don't you get a Buzz. Cheers mate.
Lombard are in a dilemma, the daily volume every day even since 38p has been far too low to take a big buy order especially this big 4.82 Million shares, so they had to hold for these reasons (1) on some more bad news failed (2) 3rd May results failed (3) Warfare ???????? Who knows !!!!!!! . Finally when Lombard & Citadel have finished trying to spoil it for genuine investors it will be better for everybody. GL
Hi stevebt
I was reading your post today and bought 5000 Barclay thanks , currently in the red £9 but looks good ta
Come on Lombard get these shares bought back.
Well done everybody.
Well then this is a tough one. Firstly I think there will not be a dilution, the reason being I think they would rather be debt free, which so far we can assume they have been reducing the debt because there has not been an RNS to say otherwise, hence the 8-10 million profit estimate which disappointed the Market, because the market demands growth, that has not been happening, however they have learned a lesson from the lockdown and reviewed everything including the online sales ! Closed shops do not make money . But I am sure that they are aware of, that. Mr Simes favourite topic is that they have no future and it will be one profit warning after another no this is not the case and not how it will end up! So I would think yes back to around a pound a share by this Christmas 2022 and maybe a Final or Special dividend of around about 10p toward the year end.
There as been so few trades on here today and nothing drastic. But if you want to verify my trade it was 14:05:54 @ 46.17 not the best trade I have ever done, but if you base it on 90p shares for 46p in the medium term it is still a bargain. Just you wait a year or two and remember this 20 / 04 / 2022 . 5000 shares bought for 46p and you will wish you had bought some. I have 0.035% of the business about 12.5% of what Roxbury owns but we all buy to suit are own pocket.