Walker Crips Share Discussion Threads

[davydoo] 31/12/2024 18:17

What a depressing set of results. The company is spread too thin on too many divisions and structures.

And no mention of the ongoing shortfall on the board.

There are positive trends underneath; less reliance on self employed commissions, less income from clients' deposits and financial planning moving towards profitability, but I suspect there's a lot more pain to come.

[chrisdgb] 30/12/2024 08:08

Outsourcing is clearly a good idea, let us hope the regulatory aspect now has been covered off, revenues/gross profits absolutely fine......

[baddeal] 27/12/2024 17:13

Yep rubbish but still mkt cap is less than cash

[ben value] 27/12/2024 10:44

Bad results as usual!

[chrisdgb] 23/12/2024 12:02

Well, won't be long before the interims, 7am RNS on Christmas Eve..?

[davydoo] 12/12/2024 12:47

To his credit, Rod called back promptly and I have now emailed him,

[davydoo] 11/12/2024 13:08

What's the risk of delisting here?

Why go to all this trouble of listing, reporting and governance code etc for a company worth £7m ?

[davydoo] 11/12/2024 09:23

I called to speak to Rod Goddard, Company Secretary, yesterday. Waiting to hear back

[chrisdgb] 10/12/2024 14:50

Meant to say, absolutely nothing from sean lam.......

[chrisdgb] 10/12/2024 13:14

See Tavistock now have a war chest...........

[davydoo] 20/11/2024 09:11

The board is so stale. Everyone's been there a long time.

The CEO and FD made more than the company last year.

[freedomexpress747] 19/11/2024 21:20

There is clearly some value here, unless there are liabilities somewhere... leases, dodgy investments. Seems like an activist investor on the board would work wonders..

[chrisdgb] 19/11/2024 15:38

This share never ceases to amaze me......no response by the way

[davydoo] 19/11/2024 10:21

Annual interest earned on client cash £5.8m
Market cap £7.7m

Mind blowing

[davydoo] 12/11/2024 18:37

Thanks. Think I will do the same.

[chrisdgb] 11/11/2024 08:18

Have e mailed sean lam questioning this and other matters of share holder engagement....something really needs to happen here

[chrisdgb] 04/11/2024 15:29

Maybe some non execs might help with that...!!??

[davydoo] 04/11/2024 13:48

Agreed, but does it delay addressing the fundamental issues the business has?

[chrisdgb] 01/11/2024 14:53

Higher interest rates for longer will help these guys......

[chrisdgb] 30/10/2024 13:54

Should rally now.....

[chrisdgb] 18/10/2024 07:08

Agreed, amazed it has not tempted one of the consolidators....

[its the oxman] 17/10/2024 22:02

You d think someone would pay a premium to put this out of its misery. As it is , seems too small to be relevant or make decent money.

[chrisdgb] 17/10/2024 13:54

I am clearly 'long and wrong' but the value here is eye watering.......just on the Discretionary book alone it is worth double the share price, oh and net cash is also more than the market cap, truly incredible....

[chrisdgb] 07/10/2024 14:11

Makes a change, better volume today......?

[davydoo] 04/9/2024 11:24

Why is it taking so long to appoint new NEDs?

Clive Bouch's resignation was announced on 14th June. 10 weeks ago now.

But in the annual results, the chair said he was 'grateful to him for deferring the step by several months'

So surely they've had plenty of time to find someone.

Especially if 'Clive's resignation leaves the governance of the Group short of what is required by the UK Corporate Governance Code'