Updates

Character Group

June 2004

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

In spite of the fact that Character's interim results were slightly below already reduced expectations we found Chairman, Richard King, in optimistic form, when we met with management again over the month. For the six months ended 29 February pretax profit fell 50% to Â£2m on flat sales of Â£40.9m. As previously telegraphed, the toys & games division suffered from weaker than expected sales in the run up to last Christmas and although this has continued the group has since made up some lost ground with a 25% increase in product listings. In traditional textbook style King is also reducing the number of product lines, by weeding out the more marginal ones in order to stock the best sellers ...

To access our archive of articles and to receive current issues you need to subscribe.

Subscribe now

Already a subscriber? Login

Incepta - One false dawn too many

Northgate - Buys 100% of Fualsa

Character Group (September 2004)

Character Group - Launch of new digital camera (March 2004)

Character - Strong Christmas line-up (January 2004)

Character - Huge potential from Polaroid digital cameras (June 2003)

Character - Beating forecasts by a country mile (April 2003)

Character Group - New digital camera range (March 2003)

With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

All material on this website is protected by copyright. You may use Information retrieved from the www.scsw.co.uk website for your own personal non-commercial use which means that you may not sell or copy this information to any third party without prior written consent. ISSN 1358-183X