RE: Slow Motion Car Crash12 May 2022 09:45
*feel.
It’s still early days of course and anything could happen but weighing everything up (and finally in profit) I’m feeling really really positive about Card and think we have turned a corner.
Simes is just doing his job of course but he has to realise that his audience rightly or wrongly are just not interested in his negativity.
He is correct of course stating that people don’t buy as many Cards as they used to. At Xmas time for example we used to get cards from neighbours “Happy Xmas No 10 from No 6” etc but nobody bothers anymore.
Card realise this and have adapted, expanding into gifts and increasing the basket size and its working.
The launch share price of Card was £3.50 ish and was sat comfortably before Covid at £1:50 so 60p is a bargain IMO.
£1+ this time next year easily.