Gooffy
27 Jan 2018
Electronic v real cards When I receive an electronic I don't really want to open it so many scammers out there now a days going off hte web and led light slowlyI can't put it up I like shopping for a card.
frusset
27 Jan 2018
Links about the greetings card industry I don't know if any of this will be news for anyone. Summarising, globally, the industry is declining and threatened by technology, mainly social media, but the UK has a uniquely strong culture of sending each other greetings cards.About the global industry, July 2017[link] the UK, Sept 2017[link] the UK, includes "Facts About the Greeting Card Industry"[link]
frusset
27 Jan 2018
Re: Just asking ... "Hi frusset, I wondered if that was 2020 hindsight vision, or the year?"The stock screen that CARD was included in has historical criteria, like historic dividend yield, and forecasts, presumably from analysts, like forecast EPS growth in the next two financial years. The commentary (by Algy Hall) was about prospects and risks based on history.I'd guess the SELL recommendation in the Directors Dealings section was based mostly on the downwards momentum, although the history was mentioned, as I described.I don't want to be giving away big chunks of IC's IP. You might find the 26 Jan - 1 Feb issue in WHSmiths for £4.90, or maybe it's in a local library. Before I subscribed, finding IC in WHSmiths usually involved looking behind lots of other mags. And check Gooffy's warning.At the risk of getting too philosophical, all our knowledge is based on the past, it's just a question of if it's from a fraction of a second ago (if you're crossing a road), or much longer (for evaluating a stock). Analyst forecasts are based on data about the past, and so is the momentum of a stock.
frusset
27 Jan 2018
Re: Mentioned in Investors Chronicle Gooffy, yes, and definitely "be wary". A recent piece on the performance of their stock screens showed some had a very good performance, though (just going from memory) all or most of the history was just in the bull market since 2009, and stock screens are mechanical. I think Simon Thompson makes some good small-cap picks, but he picked Juridica in 2016, an awful stock where a little research showed the profit from the legal cases they financed seemed to go to the management company. eagle51 had already said so (more or less) on this site. One of eagle51's comments [link] includes "IC is full of people who don't know their proverbial from their elbow.".The "Have it all" screen that CARD is featured in, has outperformed, by total return. Just reading off a chart, since 2012, the total return is 280% compared to about 180% for the FTSE All-Share, but with a big drawback that bottomed in 2016.
TX2
26 Jan 2018
Re: A few stocks getting a battering No Tight Yorkshireman I do n't think it is a bad thing that non card sales are growing;I think what the market is perhaps concerned with is that overall card sales are falling although modestly.So lower margin products are forming a larger proportion of a fairly static turnover.At the moment it seems potential buyers of the shares only want to pay perhaps 11 times net earnings for the shares whereas previously they were prepared to pay a much higher multiple.If the company can show earnings will grow faster than presently indicated in the recent update perhaps sentiment will improve.
Fishing for whoppers
26 Jan 2018
Just asking ... Hi frusset, I wondered if that was 2020 hindsight vision, or the year?
Gooffy
26 Jan 2018
Re: Mentioned in Investors Chronicle Yay I spotted that as well.Funny how often they get it wrong.Debenhams a buy loses half so sell.Carillion was a buyImarsat mr bearbull.Paf mr bearbullI subscribe as there are good articles but be very wary!!
frusset
26 Jan 2018
Mentioned in Investors Chronicle CARD gets a few paragraphs in the Directors Dealings section, about the mix going towards the low margin things, the cost pressures, and the stock having downward momentum, finishing with "Sell".CARD is also featured in the Have-it-All stock screen. The same points are mentioned, but there's optimism about the long term prospects. It looks like currencies are hedged some time in advance, which isn't good at the moment. The author is hopeful that today's £/$ rate will have a beneficial effect in 2020. I think the author is positive about the stock but also nervous about it.Long CARD.
Gooffy
26 Jan 2018
Margin requirements [link] will need more money for margin, nice to see the authorities realising the risk of spreadbetting, a tax on each transaction would be good too, no idea why its not been done???? NHS in dire straights and no tax on this whereas share purchase are taxed.
the-mong
25 Jan 2018
Re: A few stocks getting a battering £50k not £50
the-mong
25 Jan 2018
Re: A few stocks getting a battering Really cant see anyone putting the best part of £50 on shares just to get onto some reward scheme. Couple grand maybe!
Muzzletoff
25 Jan 2018
Re: A few stocks getting a battering The only slight caveat I would about the CEO's share purchase is that there appears to be a CARD reward scheme (not sure whether its bonus option related) where the CEO can't participate unless they have a minimum prescribed shareholding. They are currently below the relevant threshold.Seems a sensible basis on which to encourage the CEO to have some skin the game, and align their interest to some extent with shareholders.
hopefull2
25 Jan 2018
Re: A few stocks getting a battering Did the mm's read that quote of yours I wonder Disorder as I say more questions then answers on the SP drop.
Disorder
25 Jan 2018
Re: A few stocks getting a battering "Furthermore sales in general were down over Christmas so has that been fully taken on board?"Ummmmmm....Quote:"Strong year-to-date like-for-like store sales growth of 2.7% (11 months ended 31 December 2016: +0.4%), with solid performance over the Christmas trading period""Card Factory has traded well through the competitive Christmas trading period with customers once again responding positively to our card and non-card ranges. As a result, like-for-like store sales have improved in the year to date."After the trading Update, we were witness to the CEO spending just short of £50,000 on stock at circa £2.40 and that was followed by Wife of Non Exec splashing out circa £45,000 at circa £2.20Clearly something is amiss if we are to accept the valuation is fair..Either the CEO has gotten it wrong along with the Non Exec's wife (I would assume they may have discussed the purchase).or the drop is very likely to be temporary.Personally I dont believe this is a fair valuation afforded the company and it is in oversold territory.I do like the simplistic view of looking at stores, and there is a Card Factory in Fareham.Every day that store is busy.Maybe its an anomaly amongst all stores, but I am convinced there is stronger footfall every passing month.
Tight Yorkshireman
25 Jan 2018
Re: A few stocks getting a battering There is an irony there though TX, it was only last year that people were saying CARD needed to grow it's non-card sales and make the most of it's footfall. Now that's a bad thing?
