Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Preliminary results due on 30th June according to Card Factory's financial calendar
I've said it before and I'll say it again, I can see a shareholders revolt brewing.
I'm not happy with the current board or the appointment of the new CEO.
Don't forget we were at 50p for some weeks last summer, but without the shops being open currently, this sp doesn't look sustainable in the short term to me, but long term we should return to 150p+ in a few years, assuming the new CEO proves to be the right man for the job (I'm not 100% convinced).
I'm holding and will buy more when the opportunity arises, which it will.
It's still looking like in April (ie. after Easter) for non-essential retail to me.
Place your bets.
Either way, there's light at the end of the tunnel now, that's for sure.
I bought in during the summer at 29p, and have increased my holding a few times since. Will add more this week for the long term.
Trust me, Drakeford will not risk a spike for the Easter holidays. He will almost certainly release restrictions after Easter. I am no fan of Drakeford, but I have been watching him closely.
There's no way Drakeford is going to open up tourism for Easter. I would lower your expectations if I were you.
I live in Wales, and I guarantee Mr Drakeford will not be opening up much if any non-essential retail until after Easter. He has previous, and lots of it.
Haven't been able to get a quote out of Hargreaves Lansdown for a CARD buy for 30 minutes now
I also don't think we're going to see much movement until Boris lays out the roadmap next week.
He is sounding very cautious to me, so I suspect retail is going to be pretty disappointed next week.
A massive £567,640 buy after close on Friday.
Glad I topped up on Thursday and Friday.
CARD clearly needs some new thinking and direction, and I'm not yet convinced that employing someone with history in the industry is the correct approach. Time will tell, but it's time CARD has not got on its side. I can see the potential for a shareholder revolt here.
Thank you Rox for your input.
I am a very frustrated CARD investor. There is such potential, but I am utterly bemused by the total lack of action by the current board to wake up and smell the coffee.
Some will take a profit and exit this share, others will take the view that the SP is ahead of itself and take a profit with a view to buying back on a drop.
Some will say the current SP is being fuelled by speculation and others will say it's being fuelled by people's expectation of a positive report on 25th Feb.
I've been holding since April 2020, and I haven't been tempted to take a profit yet.