Walker Greenbank Share Discussion Threads

[trt] 20/8/2020 09:01

Every buy seems to push the price up. Got to be in it to win it.

[studentinvestor13] 19/8/2020 17:15

Toppity tipped, it's cheap as chips

hxxps://www.ii.co.uk/analysis-commentary/stockwatch-will-property-boom-continue-these-stocks-ii513235

Any level below net asset value here is a buy IMO. That is 65M GBP / 92P share

[netcurtains] 19/8/2020 09:06

If you want to see some original William Morris the V&A is open for visits (book ahead):

[salver2] 18/8/2020 10:59

Your probably not far wrong!

[bookbroker] 18/8/2020 10:56

Value of the Morris collection more than the market cap.

[netcurtains] 18/8/2020 10:51

this is definitely an investors company not a traders. I say this because it goes up (and down) quite randomly on no news.
If you think it can get to £1 or £2 within 12 to 24 months its a BUY .

[netcurtains] 18/8/2020 10:36

So its in TOTAL liabilities (less Intangibles).
NAV is calculated using TOTAL liabilities ...

[our haven] 18/8/2020 09:56

Realise I was using 2019 rather than Jan 2020 but the point still stands. It was on the 31st January 2020 the figure you quote but then the pandemic came along.

[our haven] 18/8/2020 09:54

It is a non current liability netcurtains.

[studentinvestor13] 18/8/2020 08:54

I have already accounted for the above factors. This is still crazy cheap. Investors are still too short term focused. Ive seen it so many times. The day this reports 10p eps again in 12-18 months is the day this is over 100p again IMO. Let time judge who is right

And the pension deficit is 5.7m now, not 9.7.

[netcurtains] 18/8/2020 08:06

Our Haven (or anyone ):
Is a pension deficit counted in a balance sheet as "liabilities", if so why should anyone be interested in what it is as we already know the NAV value...

Or is it not counted as a "liability" on the balance sheet.

Could someone let me know?
As I have calculated NAV using liabilities against assets and if pension is not a liability then my figures will be wrong.

[our haven] 18/8/2020 07:55

SI13 With the last known pension deficit of 9.6million and added contributions of between 1.6 to 1.9million per annum to make up the deficit in 2026, you have to factor this into your position.

[netcurtains] 18/8/2020 06:36

kazoom (or anyone): when is the "new season" in interior design? Is it September?
I'm thinking news flow for autumn should be ramping up soon...
Anyone know the key dates for the trade cycles?

Should we be getting significant orders from EU and USA for new seasons stock?
Were any of yesterdays buys from people in the "interior design" business?

[kazoom] 17/8/2020 23:08

SI13 - I kinda agree. But from experience the market rarely works like that.

The value may be obvious, but the inflection point to look for is when the market actually starts to recognise that value - Not now imho.

[studentinvestor13] 17/8/2020 20:37

Maybe a realisation that a company that can do 10p of earnings in a normal year with a small net cash position should trade at least at 10x that (100p), not 4.5 or even 5.5x that where we are today.

The market is so short term focused it occasionally gives you a gift horse to look at in the mouth, and I simply cannot ignore it when it does

[s34icknote] 17/8/2020 10:24

More likely our seller has gone and its moving forward with small pi buys Sicknote

[our haven] 17/8/2020 10:14

Wouldn't think with this volume there is a takeover in the air. More likely just repricing.

[trt] 17/8/2020 10:04

Takeover ?

[hotfinance14] 17/8/2020 09:52

Netcurtains...have you bought lots of wallpaper this morning ?

[netcurtains] 17/8/2020 09:26

Wallpaper is going up (pun intended)

[s34icknote] 17/8/2020 08:58

Something stirring ???Going up !Sicknote

[netcurtains] 15/8/2020 18:36

Page 84 (September Edition ) "Country homes and Interiors" best wallpaper:

"WILLIAM MORRIS"

[netcurtains] 13/8/2020 16:55

Another area in DIY that is also booming - flooring... Its all a sign that the whole area from walls to floors is doing well:
From Topps Tiles:


as you can see William Morris is mentioned on their site along side the wallpaper and furniture:

[studentinvestor13] 12/8/2020 20:31

New edison research note out today fellas. States that Walker has emerged from lockdown in a "healthy net cash position". They go on to say net cash was £4.5m at the end of July against £2.8m at the end of June and £1.3m at the start of the year.

Nice. My target is 80p for first destination.

[s34icknote] 12/8/2020 16:58

There were a few 50 k ish sells and a couple of 180 k trades .When I topped up my buy price was almost at the sell price . Showed up as a sell yet well under the spread . Sicknote