Walker Greenbank Share Discussion Threads

[cockerhoop] 03/9/2019 13:10

EI,

I've been watching WGB as I also like the licensing revenue trend (not so dissimilar to GAW)

My understanding is WGB's standing in their physical market place has diminished. Sales staff covering individual brands now cover all except Clarke & Clarke which has annoyed customers and staff alike. Hoping the new CEO may address this.

[essentialinvestor] 03/9/2019 12:36

Thanks for the reply.

What's surprised me with WGB is the profitability hit Outside of a recession.

That may indicate a secular, rather than cyclical weakness in
their business.

However, there is value in their brands as underscored by the licencing royalties.
They are also facing the next downturn without much debt.

Someone else may value this more highly that the stock market.

[salver2] 03/9/2019 12:31

I actually have about 150000- wgb shares which were bought about 10 months back

[salver2] 03/9/2019 12:29

Good question it is quite a difficult share to buy and sell and the yield is pretty measly - they often launch share buybacks and I could have sold about 10 percent of my holding earlier in the year - but didn’t- on the other hand the pound about 1.20 to the dollar gives a great uplift as over 50 percent of sales are in America- and the co is cash rich - it could be taken over as well - so I’m still holding!

[essentialinvestor] 02/9/2019 14:54

salver, are you tempted to sell a few more CFX with a likely downturn in the way?.


I've got WGB on a watchlist as there is value in their IP.

[essentialinvestor] 21/8/2019 17:06

Bloody hell. Fair do's.

[salver2] 21/8/2019 16:59

I used to own double that ten years ago- I now have about 125000 shares

[essentialinvestor] 21/8/2019 10:31

You own over 1% of the company, are you serious?.

[salver2] 20/8/2019 21:21

Yes I hold quite a lot of colefax shares approx 1.25 percent of co

[essentialinvestor] 20/8/2019 10:52

Does any one hold CFX?, I'm guessing the answer is no.

[zoolook] 20/8/2019 10:45

Yes. Surprised share price hasn’t dipped further on back of that update

[hotfinance14] 20/8/2019 07:23

I heard HVS bought some WGB wallpaper then wrapped it around him and jumped from the Seven bridge.

[owenski] 20/8/2019 06:08

I've got Daisy on filter for being a moron, but gather from post above that the 'no brainer' epithet has been invoked. Everytime I come across that saying I shudder especially if it's in something I'm in. Usually a bad sign.

That TU was not a good read from a risk perspective alone.

There was another idiot on here - HVS - has he died or something, dont see it around anymore posting its bilge.

[alter ego] 19/8/2019 22:58

Ive heard a no brainer is for those with no brain.

[trt] 19/8/2019 12:52

Absolutely and with a yield of 3.77% no brainier !

[cliffpeat] 19/8/2019 08:56

Really @trt ?

Do you have sources supporting your assertion?

And you haven't addressed the other 7 identified risks.

- availability of raw materials;
- default WTO tariffs;
- non-tariff barriers including chemicals registration and CE marking;
- difficulties in attracting and retaining employees from within the EU;
- increased administration on tax, tariffs and customs;
- impact of foreign exchange rates;
- as well as a tightening of the property market.

But more relevant to this thread - do you consider WGB a reasonable investment at the current share price with the uncertainties of Remain/Brexit?

(I had been considering investing to round down my cost base - but hesitating now.)

All IMO.

[trt] 19/8/2019 08:38

The supply chain is sorted and the USA is the driver for exports for WGB so no worries.

[cliffpeat] 19/8/2019 07:58

Risk consequences of Brexit per WGB 2019 annual report:

"Impact of the UK’s exit process from the European Union
In relation to Brexit, the Group has identified significant risks
that could materially affect the business. These include supply
chain disruption; availability of raw materials; default WTO
tariffs; non-tariff barriers including chemicals registration
and CE marking; difficulties in attracting and retaining
employees from within the EU; increased administration on
tax, tariffs and customs; impact of foreign exchange rates;
as well as a tightening of the property market."

Which is a succinct summary that will be understood by business people "in the trenches" (even if not those in their privileged ivory towers).

Although ever hopeful that we end up staying in EU, it doesn't seem sensible to invest in WGB with confidence until the Remain/Brexit outcome is settled.

Just opinion - and others may have helpful and validated research to demonstrate that these risks can be mitigated.

[alter ego] 07/8/2019 15:01

delusional

[trt] 07/8/2019 14:10

It was a good trading update. Year end expectations unchanged. Yield is still very good. Bought some more.

[hotfinance14] 06/8/2019 08:44

Poor trading statement.

[trt] 15/7/2019 10:43

Director buys - good sign. Price should reach 1.00p very soon.

[trt] 15/7/2019 08:38

Looking good !!

[trt] 01/7/2019 07:08

WALKER GREENBANK PLC("Walker Greenbank" or the "Company")Distribution agreement with Kravet Inc.Walker Greenbank PLC (AIM: WGB), the luxury interior furnishings group, announces that it has entered into a distribution agreement with Kravet Inc., the premier US home furnishings resource available exclusively to the trade, for the distribution of its Clarke & Clarke and Studio G brands in the US.Kravet Inc., a fifth generation family business founded in 1918, owns and distributes Kravet, Lee Jofa, Groundworks, Brunschwig & Fils and the UK's GP & J Baker brands as well as distributing a series of other high market brands - all specialising in style, luxury and exceptional design.Walker Greenbank has a track record of working with Kravet Inc. through the Company's manufacturing operations, which print wallpapers and fabrics for certain Kravet Inc. brands.Kravet Inc. replaces Robert Allen Duralee Group (RADG), the Company's previous US distributor of the Clarke & Clarke and Studio G brands.Lisa Montague, Walker Greenbank's Chief Executive Officer, said: "We are delighted to enter into this distribution agreement with Kravet Inc., a successful and highly respected business with strong routes to market in the US and elsewhere. We are confident that Kravet is well-placed to support us with the future growth of Clarke & Clarke and Studio G in the US."

[trt] 17/6/2019 10:44

And get the up coming dividend if buying now - time for me to top up !