This company sells at a ridiculously low price earnings ration of less than 12, it has tripled in price in the last 12 months and is extremely good value at 200p. It has been backed by the both Investors Chronicle and Shares magazine as a strong buy. The technical fundamentals from a charting viewpoint are second to none. The company is is the fast growth sector of childrens toys.

http://tallglic.blogspot.com/

why not buy an ambulance maker?
perhaps TAN make an electric one

Made by Character

Looks like CCT is a strong buy at 93p now.

The market has been kind to CCT buying-back its own shasres - about 400k-worth - - - you'd think there were better things to do with shareholder cash, esp as they chopped the divi. .....will Execs similarly be denied any Bonus?
DYOR

The divi was increased. Rumours that at these price iii might increase their stake?

Character Group sees trading conditions hitting Aug, Christmas sales - AFX


LONDON (Thomson Financial) - Toymaker Character Group Plc. said it is likely to see slower than expected customer intakes, which many have a 'significant' adverse impact on August sales as well as during the run-up to Christmas.

The company quoted the British Shops and Stores Association as saying sector sales for the quarter to June 2008 are estimated to be down by 7.5 percent.

However, the company said it continues to be cash generative and has cash at bank and substantial undrawn banking and invoice discounting facilities available.

In a trading update, Character Group said it remains confident it will be able to deal with the effects of the downturn and has ensured that inventory exposure is reduced in line with more conservative expectations for the lead-up to Christmas.

tfn.newsdesk@thomson.com

Whats happening today..?

not a bad days trade.

Mitzy, nearly 6-monyhs further on - what's your take on the 35% rise today?
Looked at [CCT]-Trades - under 3k Buys and slightly more Sells ( as of 17:15 Wednesday). That's barely 1000-worth in my estimation.
PS do you have any Bowleven ( up Lots, today! on news of 1.50 bid) - but shouldn't sp rise to near-bid, like 1.40....?

Hi hangon.. sorry only just seen your post today.


They are moving up my target is 70p.

One of the biggest risers today.

70p here we come.

Must be close to share of the last year. Incredible rise from a company who looked on very shaky ground when Woolies went bust.

Breakout today will it past previous highs tommorrows? the naked trader in also dividend paying also.

Final Results.

RNS Number : 9285S

Character Group PLC

29 November 2011

The Character Group PLC

designers, developer and international distributor of toys, games and giftware

Issued by Citigate Dewe Rogerson Ltd, Birmingham

Date: Tuesday, 29 November 2011

Embargoed: 7.00am

Preliminary Results

for the year ended 31 August 2011

-- Group Sales up 11.4% to GBP94.95 million (2010:GBP85.23m)
-- Group Profit before Tax up 19.8% to GBP9.05 million (2010: GBP7.55m)
-- Basic earnings per share up 41.5% to 28.47 pence (2010: 20.12p)
-- Final dividend - proposed: 3.00 pence +50%; Total for the year: 6.00p
-- Key ranges performed well in tough retail environment
-- New Product introductions through remainder of this financial year
"The Group's strategy of focusing on brands and licensed products, where the business can bring into play its expertise in character licensing, product & brand development and distribution, has enabled the business to report solid growth in both revenue and profitability."

"Looking ahead, whilst we cannot influence the overall toy industry, and retail spending in total, we believe that by continuing to 'refresh' our product lines at retail and by marketing our products in innovative ways, we shall be relatively successful when compared to the industry as a whole."

"Bearing in mind the tough economic conditions, we have reduced our sales forecasts for the current financial year and taken steps to reduce our total costs accordingly. We expect, however, to continue to be cash generative and provided we see no further deterioration in sales, we also expect to maintain our profitability for 2012 at a similar level to the financial year ended 31 August 2011."

Richard King, Executive Chairman

FULL STATEMENT ATTACHED

Character Group drops 11 percent as the toy and games developer, with licenses for TV characters such as Bob the Builder, says trading during the year has been disappointing, prompting Merchant Securities to cut back its estimates for the firm and downgrade its rating for the stock to "sell from "hold".

"We do not believe the group has the key blockbusters for the current calendar year, which could prevent revenue growth from being achieved in FY13," Merchant Securities says in a note also cutting its target price for Character Group to 119 pence from 170 pence

WATCH: Character Group - Toy industry recognise Character Options - top awards

Click here to watch

Shares - Analysts forecast a 50% upside to a share price of 300p.

Interactive investor - After a terrible 2013, last year was far better for Character Group (CCT). An update earlier this month confirmed that sales in the run up to Christmas were better-than-expected and up 28% in the current financial year. Profit in the year to August 2015 should "at least" hit current forecasts, said the company behind kids' toys from massive hits like Peppa Pig, Minecraft, Teletubbies and Scooby Doo.

Voted Toy Supplier of the Year at the recent Toy Industry Awards, Character had Charles Stanley analyst Peter Smedley running for his calculator. After upgrading forecasts for the next three years, Character shares still trade on less than 9 times forward earnings. It should be more. Says Smedley:

We believe, however, that the company's underlying fundamental momentum is so powerful, combined with both the scope for our still conservatively framed estimates to move up even further in 2015 and the increasing likelihood of significant share buybacks, that a PT of 450p, giving 50%+ upside, is achievable.