Share Name Share Symbol Market Type Share ISIN Share Description
Character Group Plc LSE:CCT London Ordinary Share GB0008976119 ORD 5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 455.00 440.00 470.00 455.00 440.00 455.00 24,654 08:00:23
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Media 105.3 5.0 18.1 25.1 97

Character Share Discussion Threads

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Announcement just out: Contracts signed to extend Peppa Pig licence The Board of Character is delighted to report that, as contemplated in the Group's announcement on 10 December 2020, agreement has been reached and contracts signed with the brand owner, Hasbro, to continue the Group's current Peppa Pig wood products licence through to 31 December 2023 and to significantly extend the product range under that licence. As previously reported, the new toy product categories to be added to this licence include basic plush, eco plush, feature plush, activity toys and a nursery product range.
The Monologue thread:- "Challenging" of course is not a word you want to see, but then again under the circumstances it's perhaps the right word. Strength of sales, despite a very difficult year is encouraging for the product mix moving forward. A little bit of a lack of shareholder interest here. Perhaps those out of date headline trailing PERs don't help? Nor the lack of brokers forecast being publicly available. The house broker has produced a 3 page note today though. A brief summary: - Strong growth expected for the first half – buoyant Christmas for the UK toy market which grew by an estimate 5%, Character : UK revenue growth of 25% in the first four months International sales were also strong, particularly to the USA overall sales in the first four months were ahead by over 30% yoy.– Balance sheet strengthened exceptional profit of around £2m property sale In December, FY2021 forecasts raised significantly, EBITDA to £13m from £9.7m, PBT to £10.5m from £7m EPS to 37.6p from 24.9p. believes that assuming no further worsening of conditions the Group will still achieve market expectations. So fEPS 38P gives a PER of circa 11 at 420p, which is OK for a company with modest debt I suppose... ..oh no wait, there's a huge cash pile, maybe that real PER is about 7.5 Might be a bit too cheap that. (refer to lack of shareholder interest comment above).
A comparison of outlooks from the results statement for the last 2 years is interesting:- OUTLOOK 2019 dec The challenging trading in prospect for Christmas 2019 will affect the first half of our current financial year. By contrast, the prospects for the second half look positive. OUTLOOK 2020 Dec. "Trading in the lead up to Christmas 2020, despite the second UK lockdown, has been significantly ahead of the previous year's sales. Sales in Q1 are up by more than 30% over the same period last year and the prospects for the current financial year are looking extremely positive." "We expect FY 2021 to be the beneficiary of the deferral of the strong trading that we originally anticipated. Whilst we will continue to monitor the position, it is apparent that the Group is ahead of management expectations for the first half to February 2021 and market expectations for the financial year as a whole." -------------- In mid January of 2020 the AGM report gave rise to a profit warning and kicked a pre-covid decline into play for the share price. I expect another TS at the AGM date in January 2021 to be more upbeat. ---------- Historically CCTs shareholder value is less top line growth and more about shrinking shares in issue and rising dividend. The cash pile is more than healthy at present and I suspect a return to generous divis is likely. Looking at valuation, its hard to argue that an EV of circa £75m versus potential profits before tax of £11m and more, does not reprresent value. CCTs earnings have been choppy of late but the discount here still seems large given the positive trading statements of late.
Any upgraded eps forecasts for this FY?.......thanks
There's more to Peppa Pig than wooden products: Agreement has been reached, subject to contract, with the brand owner, Hasbro, to continue our current European Peppa Pig wood products licence through to 31 December 2023 and to significantly extend the product range under that licence. The new toy product categories to be added to this licence include basic plush, eco plush, feature plush and activity toys, including magnetic scribblers and a nursery product range. A further announcement will be made in relation to this anticipated brand extension following signing of the enabling amendments to this licence. We, therefore, see the Peppa Pig brand continuing to be a central part of our product portfolio for many years to come.
A little strange that their final dividend doesn't reflect the net cash position or the apparent confidence in the 2021 numbers. 5p down from 26p last year removes the yield attractions of the stock temporarily.
It’s going but they have other opportunities
Retention of the Peppa Pig wooden products but what of the rest of the portfolio?
Potential for a big move here
Very surprised there hasn't been more reaction here.
Fantastic cash generation and a HY-21 / FY-21 beat already. What's not to like.
Nice rise today on lowish trades. Hope it signals some more good news or better still sales.
2020 dream toys (top 12) for xmas this year: - hTtps:// Mattel, Lego, Hasbro, they're all on the list of course, as you would expect from such giants of the toy making world. And then there's Charcter. Do they feature? Yes they do, in fact their toys make up 25% of the list. ..and that's WITHOUT "gotta go flamingo" hTtps:// (which surely has to be the best toy for 2020 - a future classic and long term metaphor for 2020 in it's entirety).
DrKnow, (sad news regarding Mr connery) I forgot to post this link hTtps:// The last paragraph rather reflects your point.
I think it is quite a positive update especially in these rather strange times. Good news that they expect a second half profit and Christmas is looking good.
Looks interesting. Profit for this period is good news I think. FOR REFERENCE TO FIRST HALF:- Half-year ended 29 February 2020 Revenue £51.7m Operating profit* £2.7m Pre-tax profit* £2.5m Underlying basic earnings per share* 9.60p Underlying diluted earnings per share* 9.58p Dividend per share 2.0p EBITDA £4.1m
Trading Update The Board of The Character Group plc (AIM: CCT) (the "Board") provides the following update to shareholders on the Group's trading ahead of the publication of the Company's results for the year ended 31 August 2020. The outcome for the second half of the 2020 financial year has, as expected, been considerably affected by the UK lockdown. Notwithstanding this, we have worked in close collaboration with our customers and distributors to maintain trading at satisfactory levels throughout the period. As predicted at the time of the release of our interim results in May 2020, the second half of the financial year ended 31 August 2020 will produce a profit; the Board now expects this to be at least equivalent to that of the first half. The agile working practices that the Group has developed over recent years have served it very well during the lockdowns and periods of changing government restrictions. We have also noted this week the updated guidance from the Prime Minister and we shall take appropriate steps as and when required. Demand for the Group's exciting and innovative products has remained resilient throughout the year, and the Board is confident that steady progress will continue to be made through to Christmas 2020 and into 2021. As always at this time of year, development of the Group's ranges and products for the Christmas season 2021 is well advanced and early feedback from customers to our previews and presentations have been extremely gratifying. We have developed the ability to read our markets and swiftly react to its changing environment and conditions. We are proud that this has enabled us to maintain good working relations with our customers, distributors, and suppliers. Indeed, the change in our approach to customer engagement during lockdown has led to even closer collaboration and a highly effective strengthening of the bond between our teams and our customers. Character continues to have a strong balance sheet with a sizeable cash balance and substantial unutilised working capital facilities. The Board believes that, with the current strength of Character's product catalogue matched by the commitment and motivation to succeed of our people at all levels, the Group's prospects for weathering the challenging environment remain good. The Company expects to release its preliminary results for the year ended 31 August 2020 in the first week of December 2020.
Bit of company restructuring going on at Proxy, the Scandinavian subsidiary today: Out with the existing director, in with Jeremiah Healy of Character, share transfer, increase in company share capital. Could be the reason why CCT's share price is inching upwards. Along with new products of course such as Ravel Tales: Meanwhile, McDonalds are promoting Scoob:
There appears to be 2 large buys today. I wondering if CCT are buying? Any thoughts?
The close above 300 yesterday on a down-day I thought was significant. This one has struggled to come off the COVID lows. I was starting to think I'd bought back in a bit early but increasingly it appears that a move back to 440p would be a more sensible valuation.
3.00 cracked !Market booming while we sit at home !Sicknote
If you are 'looking good' why do you need a sicknote? Just wondering...
Looking good !Sicknote
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