Member Info for RoxburyHouse

Good morning simes20 i actually look forward to your posts and value your input..

If you think that there are no growth prospects then who would take it private and to do what with? Shrink?

I was swimming against the tide yesterday afternoon down at Roker (Sunderland) and will be again today no doubt. Absolutely LOVE it. If you have thought about guys give it a go. Honestly makes you feel so alive. Full wetsuit though no skins I don’t think my skinny auld body could handle a pair of speedos anymore! Ha ha

Morning guys, yes Pokerchips is right they are algorithms which are Computer Programs written by humans.

There is no one to hold accountable, well there is but they are so far down the layers they are untouchable.

The City call us guys “cannon fodder” and laugh how easy we are parted from our £.

Cloaks and daggers that’s what this is. They set the spread so narrow and then send off loads of sells that Lse picks up as buys to confuse everybody. It’s a scam and done everyday. Try not to fall for it.

PRN19 is right, long and strong. It’s the only way.

Hey, all of this is just my opinion and I could be wrong but I’m going nowhere.

I really do not believe Card is being shorted.

There is absolutely no chance whatsoever of another lockdown and the shops closing so nobody would be stupid enough to do that. Would they?

There are MM shenanigans going on for sure but there always are and what is happening here is perfectly normal and goes on everyday in the world of share dealing.

Be strong and long and all will come good. IMHO.

Just had a great swim in the sea - feel so alive.

Yes PassRenti - Klackers! Used to absolutely knack you when in full swing you missed a beat ha ha I think it’s was kids knuckles shattering though that was the problem.

Buys are massively outnumbering the sells everyday and some of that could be the way lse reports these but everyday? In theory the MM should not hold any stock but they must be?

One big massive game this. I’m not selling one bean.

and there’s more..

If the Bod fail to raise the full £70m in the time given then it will only become apparent towards the end of the 18 month window (The first payment being due Nov 30th and last July 2022).

Lockdowns aside this will never happen and if it did then we are in unchartered water because the share price would drop and a cash raise left this late and with this breaking news a disaster.

Now I agree my short time price predictions are absolutely rubbish but this is what I predict is going to happen…

The full £70m will be raised from sales.
The share price will hit £1+
Then and only then there will be a cash raise to inject into the on line side of the business.

I can’t be the only one who has noticed the Card Factory App never gets updated whilst the likes of Moonpig and Funky pigeon are constantly having updates for “bug fixes and improvements”.

They just haven’t got the infrastructure in place (yet) to take these companies on but it’s coming and I intend being around when that announcement is made (2023?).

I agree with LorenzoLynch in saying that the destination for this stock is already determined but you are going to need big balls to share that journey and my balls are massive and also now in my 60’s down by my knees but that’s a story for another day. Ha ha

https://www.investorschronicle.co.uk/shares/2019/10/24/shake-your-market-maker/

I agree with all of you but (there is always a but) when the Bod sat down at the table with the banks they came up with a realistic figure (£70M) that could be paid back and a timescale (18 months July 2022).

This wasn’t plucked out of the air it was a calculation based on what could be realistically paid back providing there are no further lockdowns.

So far so good.

Plan B is a cash raise and purely a fall back.

The share price is suppressed because we still don’t know the outcome but if all goes to plan then this has got the potential to multi bag from here (which I think it will).

I actually like the idea of a cash raise but not to pay off debt and most certainly not because plan A failed.

That’s it folks nothing else to see here keep moving keep moving.

Phew. We have hit the bottom and will now move up.

That spike down today to 48p ish was to take out everyone’s stop loss.

54p that’s my prediction for close of play Friday.

What’s yours?

In an ideal world we would have all liked to have sold our shares last week at 60p+ to buy more back at 50p.

I tried this with AML and did just that with a similar size holding that I have got here. Sometimes it worked sometimes it didn’t but then one day just after I had sold they doubled in price and I missed out.

I did exactly the same with SAGA.

Nothing has changed here, CARD is an absolutely amazing investment and IMHO will come good so I am not trying it again.

The management know exactly what they are doing and I trust them.

There are no more lockdowns and every day they are taking in £.

There nothing not to like here.

Ha ha Couldn't make it up. There’s only 3 of us here and 2 have fell out.
Truth is you are both actually good posters who got off on the wrong foot so how about one of you handing out the olive branch and saying sorry?
PurpleInvestor you do it because I think your more reasonable than Smorty ha ha

I originally started buying this stock I think at 34p? last year. Anyhow bought in heavily and watched it climb to 90p when I was completely out.
Never thought I would get another chance to get back in but as it dropped I couldn’t believe my luck but it kept dropping so I kept buying and “averaging down”.
Completely lost the plot now and have ended up all in breaking every rule. Nobody knows were the bottom is that’s the problem but got to be close now.

Yes but its now easier to have a discussion!

I suppose it doesn’t really matter here because there aren’t many conversations but just to satisfy my ocd keep it up!

Jedclampit switch to “thread view” and reply using the “reply” button (bottom right)!

Oh the dot com boom bust. Turned a 10 grand loan into something like 40 so borrowed another 10 and I think my balance was 80 odd before I lost the lot. 2 kids in tow I ended up with a 20 grand loan when we could barely pay our mortgage.

Vowed I would never touch shares again and never did until along came Covid …and Avacta.

I’m quite blasé about all of this because this really isn’t my money I’m losing now it’s somebody else’s that they lost last year snd by complete fluke is in my possession albeit temporarily most probably! Ha ha

Can anybody beat £63,000 down on this?

Got to laugh because it’s only a paper loss {crying face}.

I’m telling you this because although it’s a sickner atm it will turn and I will also be reporting my massive gains when they come (hopefully!).

I have total and complete (blind ha ha) belief in Card.

It will come good.

There will be no RI, driver/staff/goods shortage.

This time next year Rodney….

Well LorenzoLynch if you are obese with these shares then I am morbidly obese. In fact I’m so fat with them I am wheelchair bound.

I am also starting to question the buy/sell ratio on Lse. It’s a well known fact that the software doesn’t always get it right when the spread is tight but something isn’t right.

Regardless though as far as I am aware nothing has changed to warrant the drop in share price so I am genuinely not worried.

I have been through the last set of results with a fine tooth comb and there is nothing not to like?

Very honest and overall extremely positive.

Couple of bits can be interpreted differently depending on your viewpoint but one bit that cannot be misinterpreted is the following sentence :-

“ Net debt reduced to £96.5m from £107.7m as at 31 January 2021”

That’s £11.2m debt paid off in the last period and the majority of the shops were closed for over 2 months of the 6 month period.

A re-rate is coming here you watch.

£220,000 buys vs £80,000 sells atm.
Fridays was something like 3 times the buys vs the sells.
Not one day last week (since the results) the sells have outnumbered the buys.
There is no “sell off” here.
If you are patient then this is a licence to print money.
The main risk here which the Bod have no control over is whether the shops will ever shut again and as each day goes by this seems less and less likely.
The next risk is driver/staff/supply shortage which they are well away of and addressing.
Every share has risks and goes up and down that’s the deal.
It’s a game one big game.

Ok I’m off now but must mention that in the short time I have been here I have seen someone leave with a massive “70” balloon another with “Happy Birthday” then a 1 and a 3 so “13” or “31” you decide and wait for it I can see an 8 being inflated hang on now a 1 so “18” or “81”? Ha ha.

10 minutes I have been here (ok maybe 20 lol) but every one of these people are also buying a big bag of “stuff”.

Who knows what’s going to happen in the next 12 months but if this is anything to go by then we are in a good place.

Ha ha having a little giggle at my own subject header!

I’m a swimmer and this morning as I do a couple of times a week I have been out in the sea at Roker (Sunderland).

On the way back I sometimes call in to Greggs for a cuppa because it’s next door to one of the Card Factory and just sit and observe.

I’m here now as I type this in and it’s absolutely HEAVING. A continual flow of traffic coming and going.

This ones in Sunderland but the best one is in the galleries (Washington).

Back to my subject header - a warm feeling in my tummy. Didn’t have it a couple of hours ago bouncing about in the North Sea but I have definitely got it now sat here my Greggs meal deal and it is nothing to do with the food. Ha ha

Patience that’s all we need here.