Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Valuetrap, I find HL excellent as a broker. Very rarely have delays trading and price spread and accuracy is good. Customer service has always been excellent for me when I've needed it. Nice to see some of the shorters closing their positions a bit and HL should do really well as money flows back into Bond funds as interest rates peak and equities and funds as markets rally.
Card was a disaster for me when I started buying and it tumbled from about 180p to the 20s. Had to keep buying and believing. It's now been my best ever trading stock. I may even be able to buy a turkey this year...
Alessandro, your figures are all wrong probably be a factor of 10. Of course income from trades etc in down - the market is in a terrible place. But if the market recovers and interest rates drop, money will flood back into equities as they are so cheap.
The Works has just released poor figures for the last few months and Card is being brought down by this news. Footfall may certainly have been impacted by all the poor weather, but when people need cards they need cards, and a little tatty gift. Seems doubtful that CF will be affected in the same way...
UK stocks - easy targets for shorters. Regulator in UK doesn't care. To make the most money they want to work together and drive the price down. In the UK, most of the 'establishment' care not a jot about UK businesses and hide behind hedge funds and blind trusts. UBS report today is faintly amusing. Seems to be suggesting that banks shouldn't be making money out if client deposits. Hilarious. Shorters want to create more panic and get out, or perhaps someone is trying to take this company private - it's just so cheap at present. Cynical. Yes. But I bought a chunk this morning.
Trendz, not sure quite what you mean... CF online market share is still rather small, especially compared with MoonPig. Cards are increasingly being 'given' person to person as the Royal Mail screws up yet another UK institution with Government help. CF offers excellent products and value for these hard times.
Just been to my local CF shop. Neat and tidy, pleasant and seemingly happy staff, steady flow of customers. Great prices. Lots of tempting tat. Clinton Cards 3 doors away totally deserted. They will take a fortune this quarter...
Hold! Big buyers need stock. Don't let them have it cheap! On this cycle or should easily climb to about 120p and there the ftse350 effect starts to kick in. Decent 3rd quarter update expected in less than 2 weeks.
Lots of shorting against this stock. Blackrock have just piled in but there are many others... Seems tremendous value, but so much shorting is a worry. I expect many of them are holding long positions as well in other vehicles.