Member Info for Letsi1

Good volume and rise in the SP this week. Let’s just hope there is some substance by this increase and the next update warrants further increases. The SP has definitely got legs from these levels but only if the company can show it’s got its ducks in a row. I am happy to hold having bought as low as 25p and as high as 1.60.

Me too but averaged up not down.Although the SP is influenced by the iron ore price the long term prospects of this company are fantastic and value will come out in the long term.

Am I right in thinking about 7p divi after tax?

Well they have splashed the cash big time.USA is the place to be - next year should be positive.

Have been a long term holder so underwater in these.Just been into my local shop and this was the only shop with a big queue outside! This tells me that Card have a strong loyal customer base and though only one minute sample gives me confidence in their future.

Depends how quickly you want to see a profit.Yes short term you might be kicking yourself because you could have got in cheaper but this is a sound company that has decided to invest more of its profit into making it more profitable long term.This time next year Rodney!

Let’s hope there is some good news coming out to back up this rise.I have been very patient with this stock and will continue to do so because if they can make the American market work this will be back to its previous highs in the next couple of years.

You are absolutely right in what you say.
My take is the market is fed up of the company over promising and under delivering.
Until this changes and the company actually starts delivering the sp is not going to move much.
I have bought quite a few now so can wait until the hopeful uptick comes.

Very good write up there Nelson and have also added to my holding today.

Based on their last trading update wouldn’t think a rights issue is on the cards yet. Definitely needs some news but patience is the key here.

Just bought another 9000 ish for my ISA. Interesting to note I bought them at 26.38 and could sell them straight away at 26.5 not that I did. I get the impression since the new man took over that the company is quietly going about its business and I like the fact that it’s currently under the radar.

Probably mentioned already but they also sell their range in Matalan as well. Come on let’s flood the market!!

They are certainly putting the personnel in place to drive the business forward in the correct markets. I too have added today and will continue to do so over the next few months.

Definitely the USA is the place to be.Todays RNS is the first step hopefully of the promised jam tomorrow. If and it’s a fairly big if they can get their ducks in a row the SP has got massive upside from here. Well underwater here as bought all the way upto £1.50 but bought some more today.

Just purchased another 15k at 20p. There are always risks attached but the way I see it once the cruise part of the business is back up and running then the SP will rise quickly. Looking for the SP to double from here by the Autumn.

Like your optimism but where the SP heads this week will be dictated by sentiment and world events.

Couldn’t agree more with your post though the SP has been fairly stable since the Covid outbreak.Massively undervalued compared to its current PE but then the market has never been a favourite of its murky past. Let’s hope we will be in the 200s soon with the anticipation of higher dividends also.

21st May is the ex div date

Thanks Prof,
Yes will try to and appreciate the message.
Thanks,

I hold probably about 25 different shares across both an ISA and SIPP. Of all my shares CEY is the one that has held up the best in the current market turmoil. I have been surprised that the SP has not got more bullish especially with the gold price and the certainty of the dividend. I do really enjoy reading all the posts but rarely post. I currently have a lot more time on my hands because I have been furloughed and I must admit I am rather enjoying it! Anyway thanks for all the informative posts everyone and keep them coming.