The Character Share Discussion Threads

[runthejoules] 19/8/2019 09:54

Dang could've got them cheaper!

[zipstuck] 16/8/2019 13:07

Tkamp

It may pay In USD for Chinese imports but the dollar floats against the Yuan and the Yuan is also falling.

[runthejoules] 16/8/2019 11:45

I think there could be a bid here, just feel it in my water, and just bought about 2500 for 524p, having missed (hopefully) my 520p limit order. Gla.

[mcartdon] 16/8/2019 10:45

Yup but consumer spending has increased and the Chinese currency has fallen. there are physically more childeren, and families buying toys. Margins have been increasing under the same pressures recently. The management have been positive very recently.

[tkamp] 16/8/2019 08:03

The big decline in GBP over the last weeks plays a role, and so does the increasingly negative sentiment around Brexit and the UK economy. Character is directly exposed to all these factors, so a worsening in their outlook is naturally going to affect CCT's share price.

Don't forget that CCT imports products from China, paying suppliers in USD. Prolonger GBP depreciation will force CCT to raise prices it charges its own customers, which will likely lower volumes. And that a worsening UK economy is a bad development for CCT speaks for itself.

[mcartdon] 16/8/2019 06:09

whoever knows we dont, but just likely no buyers or a significant seller

[runthejoules] 15/8/2019 21:48

What the heck is going on here?

[orange1] 30/7/2019 21:16

In the second week of September.

[h1a3] 30/7/2019 20:43

Very quiet board.
Just wondering when we can expect a trading update.

[mcartdon] 13/7/2019 22:53

Plus 600 is overdue, lively trading seems to be leading towards an overdue rise,

[orange1] 11/7/2019 07:09

Xdiv today (13p).

[mcartdon] 02/7/2019 14:16

seller gone or news perky two days,perhaps we can move to a more sensible p/e
as the dividend date approaches.

[mcartdon] 03/6/2019 14:40

they base the value of proxy at 25m, so are lending supporting liable at worst for 6.5m excl stock gained in exchange for 5m shares
assuming the company meets its goals for three years all will be repaid incl debt etc, but proxy will be significantly bigger.
or 5m part of proxy stays with character. looks a fair deal with good prospects of a second character developing well in the nordic countries.

[orange1] 03/6/2019 13:33

Announcement today. Tomorrow´s newspaper headline: ¨Proxy update far from poxy.¨

[hsduk101] 15/5/2019 09:17

The broker views by Panmure Gordom is 635p. This means there is still 13% potential growth to be gained

[runthejoules] 15/5/2019 08:13

It’s headed south by about twice the spread only. Holding.

[hsduk101] 14/5/2019 08:56

Any news on why this one is heading south.

Broker views changing? I cant see any updated new to suggest things have turned

[davidosh] 14/5/2019 01:44

Just to mention Character Group will be doing a presentation at the Mello2019 event in Chiswick, London W4 which starts this Thursday...



Kiran Shah will be presenting on Friday and there are over 60 companies coming to the event and some great speakers and panel sessions.

You can get tickets at 30% discount if you use the discount code Advfn30 before 16th May

[deanowls] 12/5/2019 05:52

They won’t have the rights for the states. Eone own Peppa Pig and will do regional deals in different territories. The hope is that cct can get in on the deals they have into Scandinavia which looks like they did when the chain went bust there over the last few months and picked up the distribution.

[hsduk101] 10/5/2019 21:29

liking the look on this one also. Good overall financials and ahead of expectations make this a excellent winner.

Im guessing they trying to break into the US market with british characters or US specific characters?

Not sure how popular peppa pig is in the states :)

[mcartdon] 10/5/2019 19:55

Things will move up when the purchased company is sorted out further capitalization needed but that may mean a bigger portion to character, it seems to have a value of 25m so probably a t/o prospect of 25m+. that would give the group 140m- 150m as a first full year from next year, 36% g profit, would be 54m certainly 8 pounds+ target in 18m. with 20m in cash generated 10 pounds looks on the cards. can this be repeated elsewhere in europe? a pe of 12 would be very low then.

[undervaluedassets] 10/5/2019 13:36

The "it is better to travel than to arrive" brigade taking a little profit on a bumper results day.

fully expect a couple more days of gentle sales..

Let them ..

This is just a little retrace before £10 plus over the next 12-24 months in my view.

[wjccghcc] 10/5/2019 09:15

Perceptive IC as usual :-)

PE <12, FCF/EV <9, likely to beat FY forecasts of 6% earnings growth given H1 was up 24%. The last 12 month trading range was due to Toys r Us fallout.

Do they employ 12 year olds?

[spooky] 10/5/2019 08:23

Valuation looking a little stretched......really?

[h1a3] 09/5/2019 23:06

Hi All,
Today IC said the following: It might explain the fall.


IC View

Inventories have risen in line with sales and the group has kept a tight rein on receivables. Character’s shares have taken off in recent months and now trade at the top of their 12-month range. This has left the valuation looking a little stretched, and while we have faith in the core portfolio, we think a little profit-taking may be in order. Sell.
Last IC View: Buy, 516p, 4 Dec 2018