Walker Crips Share Discussion Threads

[hvs] 10/2/2010 08:57

Not bad at all.

Significant improvement seen and CASH RICH.

RNS Number : 9133G
Walker Crips Group plc
10 February 2010

?
Walker Crips Group Plc
Interim Management Statement

Walker Crips Group Plc ("WCG" or the "Company"), the integrated financial
services group, is today issuing an Interim Management Statement. The statement
relates to the trading quarter ended 31 December 2009 (the "Quarter") unless
otherwise stated.

The Quarter was the third of WCG's current financial year. Trading conditions
during the Quarter were stable at the improved levels reported in the half year
results, helping unaudited net revenue for the Quarter to improve 24.4% to
GBP3.41m (2008: GBP2.74m), in line with the Board's expectations.

Our asset management subsidiary (WCAM) continued to perform well. Funds under
Management at 31 December 2009 were GBP597m, an increase of 15% over the quarter
(30 September 2009: GBP519m) and an increase of 55% since the previous year end
(31 March 2009: GBP383m).

We continued to carefully control administrative expenses over the Quarter
which, combined with an increase in net revenues, had a positive effect on
operating profitability. In the nine months to 31 December 2009 costs were
reduced by 4% year on year. Investment returns on the Company's cash balances
over the Quarter continued to reflect the very low current rates of interest.

There have been no significant changes to the balance sheet since the half year
end and WCG remains in a strong financial position. Net cash balances at 31
December 2009 were GBP3.6m (30 September 2009: GBP3.7m).

Since the end of the Quarter trading conditions have remained encouraging and
the Board is confident that WCG is well positioned to report full year results
which will be much improved over those achieved last year and in line with
current market expectations.


For further information, please contact:

+--------------------------------+----------------------------+
| Walker Crips Group Plc | Tel: [phone] |
+--------------------------------+----------------------------+
| Rodney FitzGerald, Chief | |
| Executive | |
+--------------------------------+----------------------------+
| Stephen Bailey, Investment | |
| Director | |
+--------------------------------+----------------------------+
| | |
+--------------------------------+----------------------------+
| Altium | Tel: [phone] |
+--------------------------------+----------------------------+
| Ben Thorne | |
+--------------------------------+----------------------------+
| Tim Richardson | |
+--------------------------------+----------------------------+

10 February 2010

This information is provided by RNS
The company news service from the London Stock Exchange
END

IMSBRGDDXGGBGGC

[hvs] 11/1/2010 12:55

Looks like it .

I have bought quite a chunk. Just holding on .

Think they are safe and second half could be very strong.

[its the oxman] 11/1/2010 12:54

waiting game here it seems

[hvs] 17/11/2009 10:23

That would be very nice.

The divi in the meantime is much better than bank rates.

[chrisdgb] 17/11/2009 10:16

Indeed, think I will drip in spare funds and in these normalised conditions we will surely get back to a £1..

[its the oxman] 17/11/2009 09:55

results commented that business is seeing improving trading conditions - bodes well for the future - suspect the share price will spike up nicely at some point - and div held which was expected but reassuring nonetheless.

[hvs] 17/11/2009 08:13

Yes,

Good results given the situation. Can only improve further.

Nice jump in funds under management.

[chrisdgb] 17/11/2009 08:04

Nice looking results, expecting these to trend higher..

[hvs] 16/11/2009 15:58

Lets hope so Sir chris.

I think they will be good.

[chrisdgb] 16/11/2009 15:50

I am in for a few, results in the morning, the way this market is going I suspect they will be good...

[hvs] 26/10/2009 11:26

lol!!!!

Just see the results coming soon.

[randolph and mortimer] 15/10/2009 15:05

How can they compete with CFD and spreads? A business in decline.

[hvs] 15/10/2009 13:00

Anyone for a CRISP then ? Walkers that is .

Very confident here.

[smelgy] 15/10/2009 10:38

..........mornin' all. Walker Crips are my brokers. Quite satisfied with them, although their charges are a tad on the steep side.

[its the oxman] 15/10/2009 10:36

hope so - I've got a small holding here - hopefully the good times will return and the shares double over the next few years - meanwhile a 5% div is always nice to have

[hvs] 08/10/2009 13:04

Hi Oxman,

Nice one.

Am sure this is going higher.

Good luck all holders.

[its the oxman] 07/10/2009 13:53

hi - just wanted a thread with charts - all welcome especially if you have any eps no.s or broker updates/views.

[spennysimmo] 07/10/2009 13:51

Just thought I'd be the first to post. Hello.

[its the oxman] 07/10/2009 13:50

From their website wcwb.co.uk - As an integrated financial services group our aims are simple, to provide clients with a full range of investment services which translate into steadily rising earnings and dividends for shareholders.

[dnfa1975] 07/10/2009 13:42

we sure is

[hvs] 06/10/2009 13:35

We is motoring.

[hvs] 06/10/2009 12:35

Its happening here. And a lot more to come.

[whiterussians] 06/10/2009 11:29

wakey wakey!!

[hvs] 06/10/2009 09:43

Its on the UP and a lot more to come.

[hvs] 21/9/2009 10:09

I would say at least 4.5p and with current high volumes maybe be 5p.

Divi will be maintained at that is a 5% yield.