Updates

Card Factory

March 2024

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.

Online card retailer and manufacturer Card Factory, one of my NAPS for 2024, has said full year pretax profit is expected to be at the top of the range of market expectations. In an update covering the first 11 months to end December it said total sales grew 10.2% year-on-year with store revenue up a strong 8.2% like-for-like, including a good Christmas performance (like-for-like +7.8% in November / December). Everyday and seasonal card ranges grew 5.4%, while gifts and celebration essentials increased 9.9% including double digit growth in candles and soft toys. Online fell 12.8%, albeit an improvement from the half-year driven by cardfactory.co.uk. Recently acquired South African business was in line, contributing £ ...

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Mears

Fonix Mobile - Shares surge above 250p

Card Factory - Long-term seller finally exits (September 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 (March 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.

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