Character Share Discussion Threads

[arthur_lame_stocks] 14/4/2024 06:41

Hi Pireric

I've just checked my figures after your post and I think I may have made a mistake about last year. Having looked again fcf appears to track much closer to reported net profit each year which is reassuring and what I'd expect anyway.

That said I've decided to stick with my investment for now, last year appears to have been particularly poor for well known reasons and generally they seem to be capable of making a net profit of around £10m a year so cheap if you believe they are going to recover.

[pireric] 12/4/2024 20:27

ALS - how did you get to £8m of FCF?

Eric

[arthur_lame_stocks] 11/4/2024 12:58

I've just taken a look at the most recent results and have decided these are really very good value and generate an awful lot of cash in even the poor years. As far as I can see this last year they generated around £8m of free cash flow by my preferred measure against a market cap of ~£50m. In better years they have generated far more than this. The dividend yield is nearly 7% and the balance sheet is very strong.

They've played the interest rate cycle very shrewdly, borrowing when money is cheap and paying it back when it is not.

The board seem to have listened to investor concerns about their remuneration and this year have taken a far more reasonable wage.

All in all I reckon this is a great opportunity at this price.

[gnome3] 21/3/2024 00:53

Are you talking about the ADVFN board or the Board of Directors? Have they moderated their annual pay recently in line with the performance of the company or do they remain the most over-paid small cap directors in the UK?

[h1a3] 19/3/2024 04:12

Is this board dead?
I have been a very long term investor but CCT appears to be drifting no where.
Any thoughts?

[h1a3] 06/3/2024 04:16

Hi All,
Very quiet board.
I am hoping that CCT will provide a positive update in the near future.
Does any one have any views of where CCT will go.

[lennonsalive] 12/12/2023 21:38

Hasbro is to cut about 20 per cent of its workforce as the toymaker struggles with weaker sales in the critical holiday shopping period.

[orange1] 12/12/2023 10:22

How sure are we that the financial situation is going to improve? Because CCT can ill-afford another year like last year. If you look at the cashflow statement the coffers will be empty at the end of the next financial year if matters don´t improve. In the circumstances, paying a dividendof 9p is either reckless or an indication of enormous confidence.

[nakedmolerat] 12/12/2023 09:06

nothing from character for the 60th anniversary of doctor who in toy form, talk about missing the boat. the show is now on disney plus and has a worldwide reach now.

[lennonsalive] 12/12/2023 08:11

Some kids don't play with toys, too stuck to the screen and it's very sad.

[18bt] 12/12/2023 07:33

Balanced statement despite the terrible first half. They are profitable, have cash and seem to have a strategy for dealing with the difficult market. I wonder whether the retirement of Richard King will hit the shares? I sat next to him at a lunch a few years ago - clearly highly entrepreneurial but pragmatic.

[deanowls] 11/12/2023 18:02

Leaky and tomorrow?

[h1a3] 08/12/2023 02:58

Hopefully we will receive a really positive update soon?

[richyst] 11/11/2023 18:05

The management have sizeable stakes in the company too, which I see as a good thing

[arthur_lame_stocks] 11/11/2023 14:09

I've been thinking about an investment too but I may wait for this year's AR to see whether the BOD get huge bonuses despite the average performance.

[gb904150] 10/11/2023 21:23

thanks for pointing that out ALS.

It's not just the basic BOD salaries of £1.3m it's the performance bonus of £2m on top that seems overly generous.

That's from the 2022 AR.

I've been looking at CCT as it looks to be in pretty decent value territory and has a decent library of content to fall back on. Haven't really looked far enough yet but it's on the watchlist.

[arthur_lame_stocks] 10/11/2023 17:51

Has anyone else noticed just how very, very well paid the Board are?

[sharetips] 23/10/2023 14:19

tipped in cityconfidential this month www.cityconfidential.co.uk

[deanowls] 03/10/2023 19:10

I did fear the worst when I saw it this morning.

[h1a3] 03/10/2023 13:58

About time. A positive trading update. Hopefully the share price will now start to move upwards.

[h1a3] 24/8/2023 14:34

When will CCT bottom out and start to rise!!!

[florence141414] 04/8/2023 08:42

Just ask Google’s Bard AI to give you the search impression data. Make sure you use Bard not ChatGPT though as it’s more up to date.

[deanowls] 04/8/2023 05:14

How do you do that Florence?

[florence141414] 03/8/2023 17:51

Goo Jit Zu search impression data from Bard AI Jan22-July23:

Month Search Impressions
January 2022 40,000
February 2022 45,000
March 2022 50,000
April 2022 55,000
May 2022 60,000
June 2022 65,000
July 2022 70,000
August 2022 75,000
September 2022 80,000
October 2022 85,000
November 2022 90,000
December 2022 95,000
January 2023 100,000
February 2023 105,000
March 2023 110,000
April 2023 115,000
May 2023 120,000
June 2023 125,000
July 2023 130,000

[h1a3] 28/6/2023 21:46

Very quiet board. I have not seen any recent news re CCT. The share price is going actually nowhere. Just thinking of dumping my holding.