Walker Greenbank Share Discussion Threads

[netcurtains] 09/10/2020 07:12

ONS: spending for home improvements continued to rise in August as sales volumes within
household goods stores increased by 9.9% when compared with February.

[studentinvestor13] 08/10/2020 08:38

There is very little stock to buy around which is just my luck when I receive dividend income. At least my recent Lloyds purchase does not look as terrible as it did

hxxps://www.houseandgarden.co.uk/gallery/ben-pentreaths-parsonage-in-dorset-decorated-in-morris-co

[netcurtains] 06/10/2020 17:45

Sanderson and the National Trust Collection:

[studentinvestor13] 06/10/2020 17:13

This remains a storming buy because it is not even close to net asset value or a reasonable multiple of past earnings. I haven't been this confident since Avesco.

[netcurtains] 06/10/2020 17:00

...still either way you look at it £120K (its in two trades) is a lot of confidence in assuming they will make a significant profit above 60p (both time stamped as 10:52am). It is the confidence that the small investor needs to feel to march boldly into the 60s.

[salver2] 06/10/2020 16:50

If their is an announcement in the rns it will reveal itself as institutional- if not probably private punter

[netcurtains] 06/10/2020 11:46

201,000 shares bought at 60p = £120,600.
That is a lot of money even if you were a millionaire.
Would that have been an individual or would it be an institution?

[netcurtains] 06/10/2020 07:08

United Kingdom's FTSE All-Share recorded a daily P/E ratio of 21.040 in Oct 2020 so that does tend to suggest we're not even close to the average yet. We really should blow that 60p away!

[netcurtains] 05/10/2020 08:52

Would be nice to break through the 60 barrier - I think this peak is the 4th attempt at break through 60.

[netcurtains] 04/10/2020 08:56

Sunday Times says (p9):
"This nation of unexpected savers has money to burn"...
Article goes on to say:
"Retail sales have shown strong and dare I say it, V-shaped recovery"

We know one of the main beneficiaries of any spending increase by the public has been home improvements...

[netcurtains] 03/10/2020 14:42

Going back to the standfast and barracks. I see they have won:
We are Proud to announce that we are the winners of ,The Queens Award for Enterprise: International Trade 2020′.
We supply to a worldwide standard and it was amazing to be recognised for this achievement!

[netcurtains] 03/10/2020 08:50

Reading more on the Colefax results it appears their recovery has been lead by the boom in sewing from home (fabrics).
If that is the case then WGB's world famous fabric brand "Standfast & Barracks" should be doing well too:



From the web: Liberty's report a 300% rise in sales of sewing accessories and 200% rise in sales of Liberty sewing kits. Liberty are a reasonably big seller of WGB brands.


These are a selection of William Morris Tapestry kits - see how many of them are sold out - and over £50 a shot!

[netcurtains] 02/10/2020 19:13

A bit of history: WGB sold cole & son in 2000 saying no one will buy wallpaper at £300 a roll.... Interesting

[netcurtains] 02/10/2020 15:09

that is so "William Morris"...
As the Radio 4 comedienne stated: "These Victorians were excellent at multi-tasking. William Morris, the only revolutionary socialist who also made wallpaper"

[salver2] 02/10/2020 15:04

You can now buy William Morris watches they’ve teamed up with a Scandinavian brand

[trt] 01/10/2020 13:30

Topped up this morning.

[netcurtains] 01/10/2020 09:19

Shops only opened again at end of June so I guess it would take a few weeks for them to all slowly open. Perhaps WGB sells more via shops then Colefax so DIY boom only atarts to kick in from August onwards (once holidays cancelled). Anyway we will soon know. I'm reasonably confident that the picture going forward will look good! Roll on Oct 14th (news date)

[salver2] 01/10/2020 08:58

Maybe they were very busy the week after July 24!

[netcurtains] 01/10/2020 08:13

salver2: where do I get the sales for JULY? I only can find July mentioned in the august trading update where it says:

The half year ended strongly for the Clarke & Clarke brand both in the UK and the US, where its
distributor Kravet Inc, which started to distribute the brand on 1 August 2019, had its biggest selling month so far, in July 2020. The Morris & Co brand has continued to sell strongly in Northern Europe, driven
by Scandinavia. The final fulfilment of a significant hotel contract order was delivered at the half year end,
adding to UK Brand product sales, particularly of the Anthology brand.

Is there a more detailed breakdown on the figures somewhere that I can view?
Thanks
Cheers Net.

OK I';ve got it:
(from Morning star):
Walker Greenbank PLC - Buckinghamshire-based interior furnishings firm - Seen a recovery in a trading and Brand product sales in 25 weeks of financial year which started on February 1 down 32% annually. But in four weeks to July 24 alone, the decline is tempered at 15%.

[salver2] 01/10/2020 07:56

The only thing I find strange is if you compare wg sales in July compared to colefax - colefax day they were ahead of last year and wg say theirs were 15 percent down - I find that strange - I suspect aug and September to have been bumper months

[netcurtains] 30/9/2020 15:29

My feeling is obviously results will not be brilliant (eg lockdown and factory mothballed for a bit). What really is important is the JULY AUG and SEP figures.
Are we doing as well as the DIY boom suggests GOING FORWARD?

My view is that there is a massive DIY boom and the famous quote "a rising tide raises all boats" is applicable.

So I would expect to see a good "positive statement about future trading"...
However we have more or less zero idea if things are good apart from a cryptic clue from Colefax (in their recent results)

[netcurtains] 29/9/2020 08:39

From HOMES and gardens:
"'Wallpaper is a key trend for 2020"

Story continues into 2020

From above article: According to Google data, wallpaper-related searches are up an average of 50 percent the past 12 months versus the 12 months prior,” York’s product marketing manager, Carol Miller, told Business of Home. She credited several factors for the rise—chief among them, a new, younger customer base that doesn’t come with the baggage of memories of wallpaper of yore. “An entire generation that has no previous assumptions regarding wallpaper removability are discovering wallpaper via social media, and identifying it as a way to easily personalize spaces, because technical advances in removability have kept pace with consumer demands.”
Going into 2021:

[studentinvestor13] 29/9/2020 08:16

A worthwhile read