Good afternoon, Graham here.
Paul and I appear to have got our wires crossed about who was doing today’s report.
I’m going to do a late version of the report now, with the help of Jack Brumby.
Sorry for the lack of communication and lateness! We are on it now.
Today’s report covers:
Character (LON:CCT)J D Wetherspoon (LON:JDW)GAN (LON:GAN)TM17 (LON:TM17)more? (to be determined.)
By Jack:
Character (LON:CCT)
Share price: 355p (-4%)No. of shares: 21.4 millionMarket cap: £76 millionTrading update
Profit warning.
‘Through a combination of these factors, the profit before tax for the Group for the year ended 31 August 2019 is likely to be in the range of £11.0m – £11.5m., slightly under the lower end of current market expectations.’
This toy company is one of the more popular stocks on the site – and recently, as many of you know, the share price has unravelled as a result of Hasbro bidding for Peppa Pig IP owner Entertainment One. It’s been quite a dramatic decline.
That’s a drop…
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