After a difficult trading year that has seen losses for CCT and the sp nose-dive to 25p at one point the solution to return to profits may come from the launch of electronic Sudoku games in time for Christmas. Character will launch two Carol Vorderman Sudoku products. For Sudoku fans on the move, there are two handy travel size products: a hand-held LCD game (19.99) with over 750 grids, and a touch screen version (29.99), with over 100,000 permutations of the game. A plug and play version, allowing addicts to play Sudoku on their home TV (29.99) will follow later this year. It won't take many sales to rack up good profits if these are anywhere near as addictive as the puzzle books have proved to be so far.
500,000 sold at guess 5 profit per item would rack up 2.5m, with less than 53m shares that is a healthy EPS of 4p on one item alone and my estimate is probably conservative? They also have licensing rights to Dr Who, Little Britain and Batman amongst others.
Also 70% of these shares are in the hands of Directors, Pension Trusts and Funds and as has been seen in recent weeks, moderate buying has pushed up the share price. It has all the hallmarks of a possible recovery stock as was IDS which I tipped last year at 81p and is now 382p. Not saying this will reach those heights but if Sudoku sells well this Christmas expect CCT to show a good start to their financial year. 2005 figures ending August 31st will not be good but we don't buy shares on the past, there is no gearing and 8m of shareholders funds available.
Take a look. The profits could be more pleasing than solving the puzzles.

Just in.

Thank you for your enquiry regarding the possible buy back of the Group's shares.
The board is monitoring the position with regards to this on a continual basis.
As soon as a definitive decision has been reached or action taken,we shall of course keep the shareholders informed.
Richard King,
Chairman

Nice one driver,this has got to be the sort of share to hold in these market conditions.Holding up well and a decent divi waiting just around the corner.

Hopefully the sp holding reasonably well in the last week of claret is a good sign.
In fact I have a few small caps that are making profits and paying a divi that have held up, maybe a better place to be than the speculative oilers and miners right now? I have one speculative in my portfolio that I will hold as they have patents on potential money-spinning application and will start a thread shortly.

Just in after my last email I sent them.

With regards to the sale of the digital division,our net cash position will have improved by around 4m once the sum withheld by the purchaser is paid next February.

As you would expect,whilst the remaining business is going through a period of substantial growth,our first consideration is to ensure that we are financed properly to maximise this growth.

Once we are satisfied that our working capital is sufficient to allow for the expected growth,as we have stated in our interim accounts,we shall consider a share buy back if it felt that it is in the interests of the company and or the shareholders.

At this time,we are not considering any acquisitions or other major capital expense.

We are well aware that the current share price is disappointing, but we are confident that it will follow the performanc of the business in due course.

As you are aware,we moved brokers recently,and we expect them to issue a detailed note within a month,at which time we shall commence to market the Group in its new and exciting format.

I trust that I have explained our current position and thinking.

Kind regards,

Richard King

It looks like we are not going to see an immediate buy back of shares they haven't ruled it out, and that they are aware of the disappointing share price is encouraging. Going through a period of substantial growth also sounds good to me.

Driver, Looking forward to a brokers note that might just provide some impetus to share price. Good EPS, Dividend Yield, Growth and take-over potential.
This share is currently under-valued IMO.

Amazing volume today nearly 10m buys in half an hour 5+m looks like a share buy back or a take over is on the cards.

Transaction in Own Shares

RNS Number:1803F
Character Group PLC
26 June 2006


The Character Group plc

26 June 2006


The Character Group plc (the 'Company')


Share Buyback and Holding in Company


The Company advises that is has today purchased through Charles Stanley
Securities 5,015,000 ordinary shares in the Company at a price of 58 pence per
share. Of the total shares repurchased, 4,015,000 ordinary shares are for
cancellation and 1,000,000 ordinary shares are to be held as treasury shares.

Following the cancellation of these shares, the Company has 47,839,909 ordinary
shares in issue (excluding shares held as treasury shares).

The Company has received notification from Valtidone S.p.A. that following a
disposal of shares in the Company, it no longer has a notifiable interest in the
Company's issued share capital.

Richard King, Chairman, stated that the Board was very happy to have been able
to take the opportunity to buy back just under 10% of the Group's outstanding
shares. The Directors believe that this is in the interests of all the
shareholders. It was achieved out of the Group's resources and, furthermore,
demonstrates the Directors confidence in the trading position of the Group.


Enquiries:

The Character Group Plc Charles Stanley Securities Citigate Dewe Rogerson Ltd
Richard King / Kiran Shah Rick Thompson / Philip Davies Fiona Tooley / Katie Dale

Tel: 020 8949 5898 Tel: 020 7739 8200 Tel: 0121 455 8370
Mob: 07836250150/

07956278522

More Transactions in Own Shares

Character Group PLC
05 July 2006

The Character Group plc

5 July 2006

The Character Group plc (the 'Group' or 'Company')

Transaction in Own Shares

As part of the Group's stated objective to enhance shareholder value through the
repurchase of its own shares, the Company advises that is has today purchased in
the market for cancellation through Charles Stanley Securities 25,000 ordinary
shares in the Company, representing approximately 0.05% of the issued share
capital of the Company (excluding shares held in treasury), at a price of 58
pence per share.

Following the cancellation of these shares, the Company has 47,849,909 ordinary
shares in issue (excluding 1,000,000 ordinary shares in the Company held in
treasury).

The Directors will continue to monitor the position and will, if appropriate,
make further purchases of the Company's own shares.

Looking good more of the same and more to come.

Character Group PLC
06 July 2006


The Character Group plc

6 July 2006


The Character Group plc (the 'Group' or 'Company')

Transaction in Own Shares

The Company advises that is has today purchased in the market for cancellation through Charles Stanley Securities a
further 25,000 ordinary shares in the Company, representing approximately 0.05% of the issued share capital of the
Company (excluding shares held in treasury), at a price of 60 pence per share.

This follows on from the buy-back of 5,015,000 ordinary shares on 26 June 2006 and yesterday's purchase of 25,000
ordinary shares for cancellation. Following these transactions the Company has 47,824,909 ordinary shares in issue
(excluding 1,000,000 ordinary shares in the Company held in treasury).

As part of the Group's stated objective to enhance shareholder value through the repurchase of its own shares, the
Directors will continue to monitor the position and will, if appropriate, make further purchases of the Company's own
shares.

They'll have to pay over a quid for mine Driver!!

And up we go.

Min 1 for mine 2 would be nice

Hi No 10 it looks like we could get there.

Good news 1 here we come.

The Board of the Character Group announces that the Company has today received
notice that 3i plc ('3i') has acquired 11,525,898 ordinary shares, representing
approximately 24.1% of the current issued share capital in the Company
(excluding the 1,000,000 ordinary shares in the Company held in treasury).
http://moneyam.uk-wire.com/cgi-bin/articles/200607181005123457G.html

Finally, people are waking up to CCT. An investment like this is an excellent sign for the future. Wish I could afford it!!!

More buying of there own.

1620hs
Character Group PLC
01 August 2006

The Character Group plc

1 August 2006

The Character Group plc (the 'Group' or 'Company')

Transaction in Own Shares

The Company advises that is has today purchased in the market through Charles
Stanley Securities a further 125,000 ordinary shares in the Company,
representing approximately 0.26% of the issued share capital of the Company
(excluding shares held in treasury), at a price of 68 pence per share. The
shares repurchased will be held in treasury.

Following these transactions the Company has 47,736,659 ordinary shares in issue
(excluding 1,125,000 ordinary shares in the Company held in treasury).

As part of the Group's stated objective to enhance shareholder value through the
repurchase of its own shares, the Directors will continue to monitor the
position and will, if appropriate, make further purchases of the Company's own
shares.

Character Group, which designs, develops and distributes toys, games and gifts, said this morning it expects to exceed market forecasts for the full year after a particularly strong August performance.

In a trading update, executive chairman Richard King said the board now expects a very satisfactory finish to the financial year ending August 31st 2006. 'Trading for the key month of August has been particularly strong and is likely to result in the group exceeding market expectations.'

King also announced today that, whilst maintaining his position as executive chairman, he is relinquishing his role as joint managing director in order to comply both with 'Best Practice' and to take a positive step towards succession planning as well as the general development of the group.

The board has appointed Jon Diver as joint managing director to join Kiran Shah.


The strong performance continues, look forward to the results and the next dividend plus hopefully accompanying sp rise.

I am just a bit surprised that this one has not gone over the 1 mark considering all the good news of late. Mind you this one has had a long history of boom and bust, I remember when the shares where 3+ and-20p

Broker upgrade to Strong Buy and buy tip in Telegraph. I think you've hit the nail on the head Paedar, CCT have to prove history wrong and IMO their renewed focus and in-house development is delivering good profits and growth. The investment by 3i was a good indicator, continued share buy-backs and the next results should drive this further. August trading being strong is a good sign as it is the start of Christmas orders which bodes well considering most people probably have less disposable income than last year with all the bills going up.