Member Info for RoxburyHouse

Thank you Ehtefaznaser look at us burning the midnight oil!

21 again mate x3 ha ha

Thank you PurpleInvestor - somebody remembered! Ha ha

61 today OMG where does time go?

Treat myself to some Burton ‘Step on’ on Snowboarding boots and just walking around the house in them now.

So funny, my kids both live away and sent me Birthday cards from moonpig and one of them wrote that they would have used Card Factory but wanted me to get the card in time!

Typing this message stood outside the Card Factory on Northumberland St Newcastle. Counted 42 Customers inside browsing (half wearing masks?) and I would guess another say 15 in the queue. 4 cashiers on the tills and 2 staff stocking shelves.

If this keeps up and these shops stay open then everyone invested here is in for a good year. IMO

Well done Banbury and a BIG Welcome.

Looking forward to your financial analysis!

Absolutely not.

Can’t see any announcements in December but if there was going to be one I would like to have a progress report on the ERP Implementation.

It started to be cut over in October and I believe a 3 month activity so should now be well under way.

So as agreed back in April/May 2021 CARD will make their first payment today towards the £70m part of the debt.

We know that :-

- £8m has already been paid off early.
- All 1019 shops have been open for the last 7 months.
- We have 9 months to pay off the remainder.
- The shops are open and busy.

Over £70 grand down now on this investment and I don’t feel any pain.

In fact I feel the opposite.

Stood with my back to the LONG queue in the Card Factory shop in the Metro Centre yesterday and just listened.

“18.50 sir would you like any stamps?”

“£16.00 would you like a bag?”

“£12.50 do you need any sellotape?”

and on it went.

It was heaving.

The only risk here is a lockdown and the shops closing and I really really do not think that is going to happen.

If they do close though for a couple of weeks in January? then it’s no big deal.

Cont’d

Version 2 Draft 1
AML Share Price Table.

Column A. CURRENT Share Price.

Column B. Share Price as a result of Dilution 3.

Column C. Share Price as a result of Dilution 2.

Column D. Share Price as a result of Dilution 1.

Column E. Share Price at IPO. (£19)

Column F. MCAP.

.....A....B....C....D......E.......F.
£3.65 18p 23p 28p £1.86 £419M
£3.81 19p 24p 29p £1.93 £438M
£3.97 20p 25p 30p £2.00 £456M <-D1
£4.60 23p 29p 35p £2.32 £528M
£4.76 24p 30p 36p £2.40 £547M

£5.55 28p 35p 42p £2.80 £638M
£6.35 32p 40p 46p £3.20 £729M

£7.14 35p 45p 54p £3.60 £821M
£7.30 36p 46p 55p £3.68 £839M
£7.46 37p 47p 57p £3.76 £857M
£7.62 38p 48p 58p £3.84 £875M
£7.78 39p 49p 59p £3.92 £893M
£7.93 40p 50p 60p £4.00 £910M <-D2/D3

£8.73 44p 55p 66p £4.40 £1.00B
£9.52 48p 60p 72p £4.80 £1.09B
£10.31 51p 65p 78p £5.20 £1.18B <-Pr Cov
£11.11 55p 70p 84p £5.60 £1.28B
£11.91 59p 75p 90p £6.00 £1.37B
£12.69 63p 80p 96p £6.40 £1.46B
£13.48 67p 85p 102p £6.80 £1.55B

£14.17 70.85p <<20:1 Consolidation 14/12/20.

£14.28 71p 90p 108p £7.20 £1.64B
£15.07 75p 95p 114p £7.60 £1.73B
£15.87 79p 100p 120p £8.00 £1.82B
£23.80 119p 150p 180p £12.00 £2.74B
£31.74 159p 200p 240p £16.00 £3.65B

£37.61 188p 237p 280p £19.00 £4.33B <- IPO

Useful Notes:-

IPO = Initial Public Offering ie the AML Stock Market Launch. (£19 £4.33B) Sept 2018 Total AML Shares in Issue = 228,002,890.

D1 = Dilution 1. (30p) April 2020.
Additional 1,292,011,560 Shares.
New Total Shares in Issue = 1,520,014,450

D2 = Dilution 2. (50p) June 2020.
Additional 304,000,000 Shares.
New Total Shares in Issue =1,824,014,450.

D3 = Dilution 3. (50p) 7th Dec 2020.
Additional 250,000,000 Placing and 224,657,287 Consideration Shares.
New Total Shares in Issue = 2,298,671,737.

Consolidation. 20:1 14th Dec 2020.
New Total Shares in Issue = 114,933,587.

Pr Cov = PreCovid Share price was £5.20 in Jan 2020 with a MCAP of £1.18 Billion.

MCAP = Market Capitalisation (Company’s worth)

Can’t believe it’s over a year since I last posted on this board WOW where does time go?

Investor95 the table below won’t be 100% accurate because I have got no idea what has gone on here in the last 12 months.

WG, 3300, CarsCoffee, Dimi, PaulOz and sadly JTMacs who sadly has since passed away are just a few names from the past that I will never forget.

What a ride that was.

Anyhow, hope this helps.

Version 2 Draft 1
AML Share Price Table.

Column A. CURRENT Share Price.

Column B. Share Price as a result of Dilution 3.

Column C. Share Price as a result of Dilution 2.

Column D. Share Price as a result of Dilution 1.

Column E. Share Price at IPO. (£19)

Column F. MCAP.

.....A....B....C....D......E.......F.
£3.65 18p 23p 28p £1.86 £419M
£3.81 19p 24p 29p £1.93 £438M
£3.97 20p 25p 30p £2.00 £456M <-D1
£4.60 23p 29p 35p £2.32 £528M
£4.76 24p

New record at my local Card Factory shop today.

5 yes 5 cashiers serving at the same time.

Aisles full of Customers and a big queue at the till.

Reminded me of an Octopus with arms all over the place.

Lasted about 20 minutes then 2 of the staff swung onto restocking the shelves.

Looked like a well oiled machine to me.

Yes, that’s good news but did anyone notice that Lombard have increased their ‘short’ on Monday?

Only by 0.01% but very clever I suppose knowing that nothing here is going to happen until January and banking on another lockdown… or mutation and peoples fears.

All you have to do IMO is hold onto your shares and if you have the funds take advantage of this drop, that is what I am doing.

No advice intended. DYOR

Is anybody surprised that the MCap now is back to what it was when the PE firm made the 33p offer?

Doesn’t make sense of course, but it is.

I read somewhere that the City guys call us PI’s ‘cannon fodder’ and you only have to go on some of the other discussion boards to sadly see that’s true.

Some people are losing an absolute fortune in this game and in some cases their pension and it’s such a shame.

Couldn’t have timed my re-entry back in here at £2.87 any better ffs ha ha

This is a big game.

The shops are open and (like I said the other day) even if we took the low average of £1000 per shop per day then CARD will add another £1m just TODAY to their coffers.

Oh and £1m for yesterday and tomorrow.

Nothing to see here - all good.

Good reply Jackbogle.

Tbh I’m not really sure anymore.

Initially it was to make money because just before Covid my savings were in premium bonds but I never won anything! Well apart from the odd £25.

By an absolute fluke I did really well with Avacta and made a small fortune. Wife keeps telling me to call it a day and cash out snd I have tried, believe me but I’m addicted!

Only being honest and I don’t think I’m the only one.

Has anybody tried switching off from all of this?

I’m retired so the answer why I am here is most probably because I’m bored.

Nobody cares ‘Jackbogle’ nobody actually cares what he says or you for that matter.

Which part of that do you or ‘simes20’ with every one of his 32 negative posts towards Card Factory not understand?

Every one is here for a reason, what is yours?

I’m guessing that the pair of you are ex Card Factory employees?

Oh look at me stooping to your level - oops!

I’m not going to filter either of you because you make me laugh! Keep it up and Welcome back.

Good point simes20 and thank you for pointing this out.

The staff being run ragged and so busy that they haven’t got time to restock the shelves is likely to indicate that sales are not good.

Thank you.

Yes but the £100m revolving credit facility (RCF) part of the loan is subject to ‘revised financial covenants’!

Ie

“Debt covenants, also known as financial covenants, are restrictions that lenders can include within a loan deal. They tie the borrower into an agreement in order to approve the loan. ... They protect the interest of the lender while ensuring borrowers can access capital and funding.”

RNS Number : 3663Z 21 May 2021
“The facilities are structured to incentivise an early reduction of overall debt…”

Note ‘reduction’ NOT ‘repayment’.

The £70m can be paid off early without penalty and that’s it.

Banks work for themselves and nobody else. It can all be paid off at anytime of course but at a price.

The only advantage I can see in paying the loan off earlier is to resume the dividend payments but that’s unlikely to happen until 2023 regardless IMO when the business has fully recovered.

They are going to pay this £70m off with cash and I think they will do it, I can feel it in my bones. Lol

Hi Lokiloo
Your name? Is that “Lucky Lou” ise by any chance?
Are you a lady?

That aside, yes it doesn’t sound much when you put it like that but 8 man hours is more than £80 and then multiply it by 1019 (shops) and take it directly off the profits and suddenly it matters.

There’s also no proof that takings would be up by £1000 because customers more often than not just select a different card (especially daft blokes!).

I doubt the shop you mentioned could be as busy as the Washington branch I visit but hope it is.

They regularly have 4 cashiers busy at the till but when it quietens down 3 of them swing onto the shop floor and Stack shelves.

My guess is the first and last hour of the day are quiet in all the shops so there really isn’t any excuse.

Tell your family member to pull their finger out please and stop whinging! Ha ha

Oh yes Wiscos I’m not doubting Billybob, he is a good poster but I like to see a link to verify something as important as this.

I’m old and mortgage free now Hurray (for being mortgage free not being an auld git) but I remember trying to pay off my mortgage early and there were all sorts of penalties.

Banks are well known for this and it’s never a simple process to refinance anything it always costs £.

Woosh straight over my head, where was this reported?
Do you have a link?
Very interesting if true.