goldfinger
- 19 Mar 2013 13:57
goldfinger
- 12 Dec 2014 15:31
- 2475 of 2763
CARD... Card Factory, last results very solid hitting new highs. Could be a good xmas for this one. Tills are roaring ive just heard on twitter.
Here we are.........
Traders Own @TradersOwn 14 minutes ago
@-------- A member of staff went into the #CardFactory last weekend. Massive queue of people. Waited 10 mins. The tills are ringing!
cynic
- 12 Dec 2014 15:33
- 2476 of 2763
Massive queue of people. Waited 10 mins.
customers won't stand for that for long .... never heard of the shops/company
goldfinger
- 12 Dec 2014 16:21
- 2477 of 2763
I suppose the poster was meaning it was very busy and expressed it wrongly. Of course he could have said loads in the shop browsing but no signs of tills ringing.
Now do you comprende cyners.
cynic
- 12 Dec 2014 16:41
- 2478 of 2763
i read what was written, and in the light of that, i would not be at all keen to buy
also, loads of card shops fold every year - eg clintons and now lorimers (which m,ay just local to here) - as it's low value, albeit high profit margin, with main sales being very seasonal
in addition, there's the advent of on-line cards like moonpig and a number of others
goldfinger
- 12 Dec 2014 16:48
- 2479 of 2763
They are online.
Recent trading performance
The Group continues to trade in line with the Board's expectations.
In the nine months ended 31 October 2014, revenue increased by 8.7%, driven by a combination of like-for-like sales growth, new store roll out and further growth in the complementary online division. This growth rate is similar to that delivered in the nine months ended 31 October 2013 (9.0%).
With 12 net new stores opened in the third quarter, a total of 48 net new stores have been opened in the year to date, bringing the total estate to 761 stores as at 31 October 2014. We remain on track to deliver approximately 50 net new stores in the current financial year, and we remain confident of the potential to expand the store portfolio to up to 1,200 stores in total, for which we already have identified locations.
Looking ahead to our next financial year ending 31 January 2016, the Group has a strong pipeline of additional new store opportunities and we remain confident of successfully continuing our historic opening rate of approximately 50 net new stores per annum.
Both our retail brands, Card Factory and Getting Personal (www.gettingpersonal.co.uk), are well prepared and positioned for the forthcoming Christmas trading period.
Financial position
The Group remains highly cash generative before financing activities.
As at 31 October 2014, net debt was at a similar level to that reported at the interim stage reflecting ongoing monthly profit generation offset by the build up of stock for the forthcoming Christmas trading period.
The Board expects to report a further reduction in this net debt position at the year end.
cynic
- 12 Dec 2014 16:50
- 2480 of 2763
i read "stores, stores, stores, and yet more stores" ..... what's good about that?
goldfinger
- 13 Dec 2014 02:06
- 2481 of 2763
Well yes good point we should be looking for organic growth which accounts for about 5%* of the growth (8.7% growth above) and inflation whichever rate you believe is what, approx 2%....... therefore 3%+ year on year real growth which is pretty solid going.
* last company report.
goldfinger
- 13 Dec 2014 02:19
- 2482 of 2763
Looking at the US close tonight we have hit Octobers low of 6205 on the FTSE 100, bounced off it (good sign) and presently stand at 6234.
I think then we have to look at where is OIL going which is the catalyst for the present market carnage.
Good piece here from the Fibonnaci Queen Carollyn Boroden who gets it right more times than wrong and is far better than the 'elliot wave' camp at predicting future SP movements...........
http://www.cnbc.com/id/102265115?trknav=homestack:topnews:2
goldfinger
- 13 Dec 2014 09:52
- 2483 of 2763
Having had a good look at the indicies my latest position.....approx another 120 points to come off and a few more down days. With a rally approx 16th-18th. Im still bullish on a Santa Rally..........just.
Must admit rather frustrating though and in time I believe we will see big speculators come to the fore, George Soros as bound to have his fingers in this pie.
On the plus side if the right chap is elected in Japan it could be bullish for World Markets.
cynic
- 13 Dec 2014 17:47
- 2485 of 2763
cash ftse showing 6229 (effectively for monday) which must surely be about where your hoped-for support comes in
it's very likely that ftse will be another 20/30+ points lower than that ayt some point before say 10:00, so you/we'ld better hope that that is enough of a blow out
============
puzzled
you say that the black line is 200 EMA, but if i put that in on the MAM chart, it comes out at about 6650
Fred1new
- 13 Dec 2014 20:14
- 2486 of 2763
ODD!
Fred1new
- 13 Dec 2014 20:20
- 2487 of 2763
Just checked Sharescope 6638
cynic
- 14 Dec 2014 15:17
- 2488 of 2763
worth reading ST Biz section today ......
long articles on both QPP and vulnerability of small and med sized E+P companies, witrh particular mention of both TLW and AFR
goldfinger
- 18 Dec 2014 08:12
- 2489 of 2763
Right on cue, post 2483.
High beta stocks moving up very quickly and Ive got a few including ARM.
cynic
- 18 Dec 2014 08:33
- 2490 of 2763
it's where backing the indices comes into its own
goldfinger
- 18 Dec 2014 08:49
- 2491 of 2763
Yep used to do cyners with a bit of forex aswel but these days dont have the time let alone the patience to trade them.
cynic
- 18 Dec 2014 09:14
- 2492 of 2763
forex i won't touch as i don't remotely understand it
did well with ftse o'night and some old dow (scary) longs are now back in the money
may have a quick dabble in C+M but must remind myself not to get o'excited as the underlying probs as outlined a week or so back have most certainly not disappeared
goldfinger
- 18 Dec 2014 09:35
- 2493 of 2763
Yep you seem to be on form with the indicies.
cp1
- 18 Dec 2014 10:05
- 2494 of 2763
MYSL seems to be heavily bought this morning. Story in press re possible corporate action. Certainly enough big egos bruised on this one recently, big Mike Ashley for one. I think a bid will come but it won't see those at the IPO getting their dollars back. 100p perhaps??