Character Share Discussion Threads

[tromso1] 12/5/2016 12:23

Chunky volume there. No wonder price wasn't moving with that overhang in the way.

[mcartdon] 09/5/2016 17:09

There ought to be a lot of people hanging about waiting to buy when it breaks up.
not least the company who have "not" bought back significantly in 18 months and have ~ 17m cash to hand,

[tromso1] 09/5/2016 15:10

Plenty of buying on the back of that tip today.

Looks primed for a good breakout if it can push above the top of this wide consolidation.

[tromso1] 09/5/2016 12:03

Just been tipped by Simon Thompson in the IC-



He rates them a strong buy.

[mcartdon] 29/4/2016 18:58

from notices.
For the purposes of the Financial Conduct Authority's Disclosure and Transparency Rules, the total number of ordinary shares in issue as at the date of this notice (taking into account the Ordinary Shares purchased for cancellation by the Company announced above and excluding Ordinary Shares held in treasury) is 21,274,133 ("Revised Issued Voting Share Capital"). 23 Dec 2013

Now 21,418,554 being the issued share capital excluding shares in treasury.
10 march 3016. notice

Difference 144421 additional share in 3 years despite buybacks?
where is our gain?

[glaws2] 29/4/2016 14:57

Mcartdon - the number of shares has reduced share price we have benefited.

Data for 2010-2015 inclusive

Average Shares (m) 32.7 26.9 25.0 24.4 23.6 22.4

[mcartdon] 29/4/2016 14:35

My only nagging reservation is that buy backs that have happened in the last two years only seem to fund management, the number of shares has not reduced, so no benefit to the shareholders. Is this the future intention.
I suppose we have not paid this huge bonus from wages and its tax efficient.
but it doesnt benefit us which is the purpose of buybacks.
issuing new options and taking up shares and then selling back to company doesn't help the shareholders.

[thomasthetank1] 27/4/2016 15:16

Read Panmure Gordon & Co's note on CHARACTER GROUP, out this morning, by visiting hxxps://www.research-tree.com/company/GB0008976119
"H1FY16 results delivers three key better-than-expected investment positives; (1) underlying profit growth (+ 23%) exceeded sales growth (+ 12%), thereby demonstrating CCT’s highly attractive financial model built for operating leverage and further characterised by a strong balance sheet (net cash; £14.5m) and strong cash flow generation capabilities (CFO; £14.8m); (2) dividend increase of 40% to 7p (vs. PG est. +10%) underscores management’s confidence and visibility that CCT is well-positioned to accelerate sales and profits growth; (3) Teletubbies (for which CCT has the global master rights) is already a “stand-out performer” suggesting a much better-than-expected launch. Summary: No changes to FY16-FY18 PBT est., but the incrementally positive tone of the outlook statement, together with the accelerating broad-based momentum across CCT’s top 10 brands, product categories and geographies, suggests excellent scope for upgrades ..."

[h1a3] 27/4/2016 14:39

Thanks Glaws2. Informative and positive video. After reading the upbeat and good results, I expected a major price move this morning. Disappointing so far, however I expect IC (Simon Thompson) and Share magazines to be positive and the market price will rise accordingly.
As an aside my wife was listening to the video and thinks that the Pom Poms will be a big hit with young girls as they love to make things.

[glaws2] 27/4/2016 13:18

Incredibly bullish video from the joint MDs here

[glaws2] 27/4/2016 10:26

Quite - so why did you expect a rise on historical results :)

[stoxx67] 27/4/2016 10:12

Never lose sight of the fact that, the market is forward looking..

[glaws2] 27/4/2016 09:19

Best part of the results - International sales increased by 57.6% - these did not include any Teletubby sales (not launched in the period).

Stoxx - results are "only" in line and eps is not forecast to grow this year.

[stoxx67] 27/4/2016 08:41

you have to laugh... a 10p rise on those results.... lol

[stoxx67] 27/4/2016 08:11

seems rather a paltry rating for a growth stock..

[mcartdon] 27/4/2016 08:08

historically 12-14 seems to be the max this share is rated,
so aiming for that by august

[carcosa] 27/4/2016 07:52

hxxp://allenbycapital.com/research_348_3723852609.pdf

Maintains FY outlook, Increases dividend, TP 700p

[gargleblaster] 27/4/2016 07:47

Hopefully a re-rating on the back of these results.

[stoxx67] 27/4/2016 07:46

agreed Mcartdon

what kind of p/e would/should be applicable in this case IYO ?

[mcartdon] 27/4/2016 07:36

they could buy back 10% of shares, and just use change in pocket from last 6 months.
shares like money in bank 2.5% dividend better rate than isa.

what premium should be paid for the continuing growth and future prospects?
p/e should be higher than it is

[mcartdon] 27/4/2016 07:21

little forex involvement in profit 0.1m
New licenses secured in the period include the iconic Stretch Armstrong; a range of products will be launched on a global basis including the USA where a new TV series is being developed by Netflix
assets of company now 21m.
no debt.
looking good in depth with progressive highly covered 40% divi increase.

[stoxx67] 27/4/2016 07:17

hopefully should see some meaningful upside from here, but who knows with Character Grp. Expected them to be much higher than this as of end Q1 2016.

[firip] 27/4/2016 07:12

Superb results. Hit the 12% forecast on sales. And dividend up.

[mcartdon] 27/4/2016 07:11

dividend up to 7 p up 40 %
underlying operating profit up 20%
revenue up 20 %
net cash up 237 % to 14.5m