Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Designer, developer and international distributor of toys, games and giftware Character Group (CCT) has issued a “Trading update” including that it’s “projected… the group’s revenue for the year as a whole to be in line with last year’s full year outcome… due to the mix and enhancements within our product portfolio, group profits (before tax and highlighted items) are projected to more than double”. The shares are currently up to 245p in response, but what about that comparing to above 320p in August last year?
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