Member Info for theoldmansdoneit

I don't think a big dividend would be acceptable in the current political climate and so I would imagine something between 1 - 3 pence for the year.

If it’s correct that you can only subscribe to the offer via Primary Bid, that’s disappointing.
Nevertheless, as a seeker of secure income shares, I think this is a great place for my cash with a solid 4+% yield. What types of share are you looking for adv11 and would you care to share your ideas for better investments?

Thanks for the link. Some exposure on the BBC would be great, assuming they adopt a positive spin!

After all the positive news that’s been issued over the last few weeks, it’s hard to believe (and harder to stomach!) that the SP has dropped below £1.
Despite already having more Rene shares than is prudent, I could not resist one more top up at this price. If we can just sign one commercial deal, then I think the SP could fly. Fingers firmly crossed!

Yes, I noticed that increased NAV and on the strength of it I have today bought a few SUPP. The discount is so big now, how could it possibly go wrong?!! ??

I have made modest investments here in the expectation that CPC’s target market- the young affluent- have rushed back to socialize in pubs and also that there will be a significant income bonus from the staycation brigade. One disappointing aspect however is their app which I tried out yesterday. Rather clunky, can’t see any menus, pictures of burgers draped in fatty bacon. All rather unappealing (to me at least!). Could do better I think.
Either way, hopefully this downward drift in the SP will be arrested when we get the next trading update

Ian Cowie, the Sunday Times investment columnist, reported today that he has topped up. He doesn’t often get it wrong.

The CFO, Jeff Carr, clearly thinks it’s an over-reaction. He’s just bought 10,000 shares at £57+. I hope he’s right as I’ve also bought a few (albeit considerably less than Jeff!).

GOLDMAN SACHS RAISES MICRO FOCUS PRICE TARGET TO 630 (600) PENCE - 'BUY'

Can anyone explain to me why ADIG's share price discount to the net asset value is so big? It's currently around 17% which, having looked at their top 10 holdings and allocations by sector, looks unjustifiably large. Am I missing something or have I spotted a bargain?!

Is it just me but I think their iPhone app is a confusing mess. Top line navigation currently is:
- Mothers Day
- Features (what are these?)
- Cards
- Birthday (do they mean cards or gifts?)
- Personalised (do they mean cards or gifts?)

I would recommend they keep it simple and have just two options up top, namely:
- Cards
- Gifts
and then, having selected one of these two options, there should be a facility to drill down as appropriate into
- Personalised
- National events (e.g. Mother's Day)
- Birthdays
- Weddings
- Other anniversaries (wedding)
- Moving house
- Leaving job
with a filter under each of these options to select:
- him or her
- adult or child
- humour or non-humour

All top of the head stuff but far better than the shambles that is the current version.
Be interested to hear what others think though. Perhaps you like the current version?

It still is low hanging fruit in my opinion. I'd be disappointed if it's not double this by the year end. Bear in mind that lots of people are sitting on deferred celebrations, many of which will no doubt involve purchasing lots of Card Factory's party -related stock.

As CARD said in their latest trading update "Assuming the current national lockdown for non-essential retailers does not extend beyond 30 April 2021, existing bank facilities of £200m would be sufficient to meet the current requirements."
Assuming non-essential opens on April 12th , then it looks like we may not need any further financing, albeit we are cutting it fine! Hopefully this will give the SP a fillip.

Just checked my packaging -which confirms that Fruitflow is a registered trademark of Provexis PLC. Not sure though whether trade mark rules apply to companies in Turkey

Presumable Provexis or DSM have Fruitlow as a registered trademark and, if so, you would hope that they will have a word with this outfit to stop them using Fruitflow as a brand name for their fertiliser. As you say, you wouldn't want to get the two mixed up!

Yeah, I find their iPhone app is poor. Really poor to be honest. There are functionality issues (it wouldn't accept my email address when I tried to register) and navigation issues but overall it's just too cluttered, too complex and not intuitive. They really need to make the experience much simpler. I passed on my feedback to Glyn Williams at Card Factory who assured me that they do review all feedback, including on the app store but thus far, I've seen no new release and the number of reviews appears to have virtually stalled because they're not promoting it enough (but this is probably just as well because they really need to make significant improvements first!). I'd suggest that if you send Glyn your feedback. His email address is his name with the usual full stop plus the cardfactory.co.uk suffix.

Reneuron was a company that had a recent rights issue. At the time the SP was roughly 90p, the RI was offered at 70p. The SP may have slightly dipped when the RI was announced. Certainly no memorable crash. Anyway, the RI was oversubscribed and the SP today is 118p. My view is that if Card were to have a RI , it would be oversubscribed and the SP would bounce back nicely because the market knows that when shops re-open this will again be a profitable company. But even if shops never re-open, Card could still be profitable within 1 - 2 years IF they get their online offering right. This last bit is crucial and I really hope that the company are devoting their top talents at developing their online presence. At the prices Moonpig charge, we should be gobbling up their market share.

I've been tracking the number of reviews of the Card Factory app in Apple's App Store. There were:
21 on 18th December
48 on 12th Jan (so little more than 1 new review per day)
158 on 1st Feb (c. 5.5 per day)
169 on 2nd Feb (11 per day)
184 on 3rd Feb (15)
230 today (46!)
I have a few more data points which all suggest that there is increasing momentum. Anyway, based on these early green shoots, I have today increased my holding slightly.
Fingers crossed!

According to today's new feed:
PEEL HUNT INITIATES SAGE GROUP WITH 'BUY' - TARGET 735 PENCE
CREDIT SUISSE CUTS SAGE GROUP PRICE TARGET TO 500 (530) PENCE - 'UNDERPERFORM'
Personally, I'm inclined to agree with Peel Hunt!

Great to hear that they are starting to publicise their online channels but I hope that they get their app fixed before they do. After I downloaded it to my iphone, I tried to purchase a card but was unable to as I had to register first. When I tried to register, the app would not allow me because it said my perfectly valid email address was invalid,so was unable to give them my money. I've reported the problem via their app support chat facility so I really hope to see an app update soon