Updates

Card Factory

March 2017

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

A better update from Card Factory, which noted group sales up 4.3% for the 11 months ended December while like-for-like sales rose 0.5%, banishing earlier fears of potential downgrades due to weak footfall.The group opened a net 51 stores, just beating its target of 50 to take the total to 865, while looking ahead it has a strong opening pipeline.As a result, the group expects full year profits to be slightly ahead of analysts’ consensus.Investec has left forecasts unchanged and expects eps of 19p this year, rising to 19.4p for the year starting 1 February. The shares are cheap by historical standards on a prospective PE of 12.8. Keep holding. ...

To access our archive of articles and to receive current issues you need to subscribe.

Subscribe now

Already a subscriber? Login

4Imprint - Shares register all-time high of 1900p

Tullow Oil

Card Factory - Long-term seller finally exits (September 2024)

Card Factory (March 2024)

Card Factory - Four “ahead of” updates since November (September 2023)

Card Factory - Recovering card retailer on low PE (June 2022)

Card Factory (June 2017)

Card Factory (November 2016)

Card Factory - Tremendous 7.7% dividend yield (August 2016)

Card Factory - Another special dividend expected (June 2016)

Card Factory - Liberum highlights 16 month payback for new stores (March 2016)

Card Factory - â€œ30% of market cap to be returned to shareholders by 2023,â€ says broker (November 2015)

Card Factory (October 2015)

Card Factory - Peel Hunt initiates with Â£5 target (July 2015)

Card Factory (March 2015)

Card Factory - Greetings card firm enjoys huge gains in market share (January 2015)

With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

All material on this website is protected by copyright. You may use Information retrieved from the www.scsw.co.uk website for your own personal non-commercial use which means that you may not sell or copy this information to any third party without prior written consent. ISSN 1358-183X