Walker Greenbank Share Discussion Threads

[essentialinvestor] 18/3/2020 11:19

spooky,

would not necessarily disagree. As posted WGB might be one
to watch coming Out of a recession, however it looks like we are just entering one.

I've highlighted potential cyclicality previously and suggested that
it may be worth reading the 2008 and 2009 annual reports - all be it there have
been changes in the business since, it still relies heavily on discretionary consumer spending.

In terms of the brands, there is inherent value as clearly shown by the royalty income. However, there is arguably high operational gearing in the wider business.

I've also pointed out a number of times the BOD have not bought recently.


If you have any input on the longer term, would be interesting to hear.

[debsdowner] 18/3/2020 11:06

jay

There are hundreds of companies looking for a cure for coronavirus, until they are tested and got approval means nothing.

Back to Walker Greenbank. Moat of the wallpaper expensive and its not for the DIY market it needs a professional decorator to hang, hence no one wants tradesmen in their houses at the moment due to infection, neither will a proportion of the public be spending money with their jobs on the line.

There will be profit warning that is a certainty caused by a sudden downturn in businesses.

The only businesses doing OK are the Supermarkets selling food.

[jayminpatel1] 18/3/2020 08:16

Guys check out SNG rns today and you will see this will be a monster

[spooky] 18/3/2020 08:15

Slightly confused by the discussion here. Walker Greenbank are going to warn, just like practically every other company on the stock market. That was fairly clear two or three weeks ago when the shares were in the 70s and it made a degree of sense to sell there. The shares have halved and may well fall further when the warning appears. However, i think the right discussion to be having is about the companies market position, the merits of its brands, the duration of the current slowdown and the long term valuation of the business.

[essentialinvestor] 17/3/2020 21:23

At some point this may be an interesting opportunity, as it was coming out
of the last recession. Even if you bought when the share price had Trebled
from the 2009 low, you could have still made approx 900% selling
within 10% of the 2017 high.


It might be different this time and personally would want to see directors buying in quantity. Worth watching. All imv only, please DYOR .No current holding.

[owenski] 17/3/2020 21:04

Never mind, a profit warning for one man is a top up time for a Daisy.

[lord gnome] 17/3/2020 20:03

Spot on Debs. We've just had to postpone our decorators until this madness is over, our sparky as well.

[kazoom] 17/3/2020 19:34

If we get locked down for 12 weeks, I can almost guarantee that my wife will start decorating!

I hate wallpaper though, so I won't let her put any of that up.

[debsdowner] 17/3/2020 18:00

trt

I understand this market and also retail having had connections over the years. Decorating houses will come to a standstill as people stay in their homes and wont want tradesmen decorating when they could be infecting homeowners.

That is bad enough but retail trade is collapsing Mountain Warehouse see a 50% fall in just one week and that is before the new advice today, not to go out of your homes unless absolutely necessary.

Sales here could be already collapsing expect a profit warning any time soon.

[trt] 17/3/2020 15:40

Such an over reaction on a long term timescale as with all shares at the moment. As warren buffet says when all around you are greedy be fearful and when all around you are fearful be greedy. This was so so true in 2008 as well.

[alter ego] 17/3/2020 15:08

owenski, I would not bet against the appeal through rose tinted specs. After all, "gotta be in it to win it"

[owenski] 17/3/2020 15:00

Surely not top up time for Daisy again.

[debsdowner] 17/3/2020 12:58

People wont be decorating their homes while in isolation, so its unsurprising the share price crashing. I can see a major profit warning here and the possibility the firm will not have much of a future.

A similar sector Laura Ashley went into administration today.

[essentialinvestor] 07/3/2020 11:45

A 1.6% Net return is less than 24 hrs.
As I mentioned buying, it's appropriate to mention selling.
This is a financial site, the focus is on making money.
Luck with your holdings. Filter is you don't want to read, simple.

[spooky] 05/3/2020 17:15

EI, really why do you bother haven’t you got better things to do with your time? ‘Grabbed a quick turn’, what a farce.

[essentialinvestor] 05/3/2020 08:59

I grabbed a quick turn on yesterday's buy. Will have another look post results.

[davebowler] 05/3/2020 08:52

5 March 2020

RNS REACH

WALKER GREENBANK PLC

("Walker Greenbank" or the "Company")

Scion homeware collaboration with NEXT

Walker Greenbank PLC (AIM: WGB), the luxury interior furnishings group, is pleased to announce that its Scion brand has secured a licensing collaboration with major retailer NEXT, which will see NEXT create and sell an extensive range of homeware, nursery and fashion items. Launching in July this year, the range will be available both online at NEXT.CO.UK and in selected NEXT stores.

Scion is the Company's youthful and vibrant brand, featuring clean Scandinavian-inspired designs and animal characters.

This collaboration with NEXT includes cushions, curtains, rugs, wall art, lighting, bedlinen, nightwear and fashion accessories in four different design themes. In addition, the range includes two nursery collections featuring Scion's Mr Fox and the stylised bird Lintu.

The collaboration is structured in part as a licensing deal and in part as a wholesale supply agreement.

Lisa Montague, Walker Greenbank's Chief Executive Officer, said: "We are delighted to be working with NEXT and to be collaborating on our shared vision for the homewares market. Scion marks the first Walker Greenbank brand to jointly develop bespoke design solutions to appeal to NEXT consumers and we look forward to the commercial launch of the range in July this year."

For high resolution images, please use the following link: hxxps://we.tl/t-190wM1hxHo

[davebowler] 05/3/2020 08:52

28 February 2020

RNS REACH

WALKER GREENBANK PLC

("Walker Greenbank" or the "Company")

Clarke & Clarke collaborates with Tess Daly on homeware launch

Walker Greenbank PLC (AIM: WGB), the luxury interior furnishings group, is pleased to announce that its Clarke & Clarke brand is collaborating with TV personality Tess Daly on the launch of her first homeware collection, a delicately designed range of bedlinens, cushions, bolsters and throws.

The collection, of five different designs with co-ordinated plain colourways, features feminine and luxurious fabrics including velvets, metallic knits and embroideries along with sequin detailing and faux fur.

The collection, under the Tess Daly Home brand, was exclusively pre-launched online last month by Next and will be officially launched on 2 March 2020, when it will become available at a wide range of retailers.

Tess Daly commented: "I have always been passionate about interiors and I have loved developing my first homeware collection with Clarke & Clarke. I'm thrilled with the luxurious look and feel of the range and can't wait to see the products adding a touch of comfortable glamour to people's homes."

Lisa Montague, Walker Greenbank's Chief Executive Officer, said: "We are delighted to be working with Tess Daly, whose collaboration with Clarke & Clarke has produced an exciting homeware range. The exclusive pre-launch of the collection online with Next has been well received and we look forward to its wider launch next month."

For high resolution images, please use the following link: hxxps://we.tl/t-6y3ROrIIus

[hotfinance14] 05/3/2020 08:24

Superb RNS by WGB today with a link up with NEXT.

[salver2] 04/3/2020 22:43

Seems to have been battered for little or no reason - none of the board seem to ant to dig in their pockets and buy some though!

[essentialinvestor] 04/3/2020 17:04

Would consider another very small amount under 60, that would be it.

[hotfinance14] 04/3/2020 16:26

Daisy must be a milkman with all these top up's.

[owenski] 04/3/2020 16:23

Top up time for daisy, yet again, permanent top up time here.

[essentialinvestor] 04/3/2020 16:18

Bought a small amount.

[hotfinance14] 27/2/2020 10:54

I am told daisy is out for the day topping up on ice cream for the summer.