AGM today......

Nice little Trading Statement today......

Everything is on track.

This will fly come the next results.

A one bagger easily over the next year ( if not more ).

We can now see what the targets are.

Say EPS of 4 on a fairly normal multiple should see the share price around the 50 - 55p mark. Easy money !!

Which actually makes WGB sit on a current P/E of 6.75 !!!!

Fantastic results

Looks like there well ahead of forecasts

Much further to go - IMHO a very strong buy

Peter

More good news, he's obviously very confident about the future

Walker Greenbank PLC said Chief Executive John Sach has
bought 390,000 shares and now holds 590,000 shares, equivalent to 1 pct of
capital.

This looks a great recovery play, numbers coming in above estimates, strong trading outlook, backed by hefty director buy.

I am in and looking to add on any weakness up to 50p.

All the best

capa

From the times today


http://business.timesonline.co.uk/article/0,,8211-2387611,00.html

Walker Greenbank, the AIM-listed wallpaper maker behind the Sanderson and Zoffany brands, rose 3p to 33p as its chief executive bought stock for 124,800 alongside yesterdays first-half figures. John Sach purchased 390,000 shares at 32p and now holds 590,000, or 1 per cent. The Milton Keynes-based company filed its first interim pre-tax profit for six years

WGB is rated a buy according to the IC today

Amazing isn't it.
They really seem to have sorted themselves out, profit, low PE.
All looking good for the 50p and beyond

Peter

Hi peter don't mean to cause any offence but how have you come to your conclusion of "All looking good for the 50p and beyond", I also have these shares, so I'm interested in your "valuation"
R

another director buy

Charles Gray has purchased 50,000 shares

I feel there is still value to come on these shares ...via a takeover. One might need to wait quite a while

Good results today, assisted by exceptionals. I like the trend and volume has been good, so am having a punt. Anyone feel like joining me?

I bought a few today.

Welcome aboard, Peter123.

RNS out this morning:

Walker Greenbank - Director Share Purchase
RNS Number:9765U
Walker Greenbank PLC
17 April 2007


For immediate release 17 April 2007





WALKER GREENBANK PLC

('Walker Greenbank' or 'the Company')


Director Share Purchase



Walker Greenbank plc (AIM: WGB), the designer, manufacturer and distributor of
furnishing fabrics and wallpapers whose international brands include Sanderson,
Morris & Co, Harlequin and Zoffany, announces that Alan Dix, the Company's
Finance Director, has today purchased a further 42,000 ordinary shares of 1p
each in the Company at a price of 47.5p per share.

Mr Dix's resultant shareholding is 112,000 shares, equivalent to 0.19 per cent
of the Company's issued share capital.



ENDS

And here are the highlights from today's results:

WALKER GREENBANK PLC
('Walker Greenbank' or 'the Company')


Preliminary Results for the 12 months ended 31 January 2007

Walker Greenbank plc (AIM: WGB), the designer, manufacturer and distributor of
furnishing fabrics and wallpapers whose international business includes the
brands Sanderson, Morris & Co, Harlequin and Zoffany, is pleased to announce its
preliminary results for the 12 month period ended 31 January 2007.


Highlights

* A further year of excellent progress with continued strong organic growth

* Turnover from continuing operations up 15% to 53.33 million (2006:
46.36 million)

* Operating profit from continuing operations up nearly three-fold to
2.20 million (2006: 0.76 million)

* Earnings per share of 4.49p (2006: 4.51p) with underlying earnings per
share from continuing operations of 2.23p (2006: loss per share 0.77p)

* Pension deficit further reduced to 3.82 million (2006: 7.98 million)
which now represents only 30% of Shareholders' Funds (2006: 93%)

* Gearing reduced to 67% (2006: 109%)

* Shareholders' Funds increased by 49% to 12.85 million (2006: 8.60
million)

* Current financial year has started strongly as organic growth continues
and trading is ahead of internal projections

Ian Kirkham, the Chairman of Walker Greenbank, said: 'I am very pleased to
report another year of excellent progress in which our recovery has allowed us
to enter a sustained growth phase. Our brands, supported by our niche
manufacturing, are well placed to exploit the move away from minimalism towards
colour and design. The Board views the outcome for the current year with
increasing confidence.'

I like the fact that all of the numbers seem to be pointing in the right direction. Also that current trading is strong, growing and ahead of the co's targets.

Finance Director buying shares would seem to indicate that things are in pretty good shape with WGB.

Pension defecit being dealt with and gearing reduced, all good news.

A little concerned with those inflation figures today which point to further rate rises and the impact these may have on sales but on balance content to carry on holding.

capa

And a good finish, too: WGB Bid: 47.75p Offer: 48.75p Change: 2.5, 1.8 mil traded.

Up again this morning, 309K traded. WGB Bid: 48.5p Offer: 50p Change: 1

Today's Independant had this as a "buy" after the good results, saying that the PE of 11 looked inexpensive and that published estimates of future growth looked "conservative" given the swing of fashions that has favoured WGB's products.

Up again today: closed at 50p according to FT.com, having added 0.75p. 342K traded, which is down from the previous two days' volumes, but it could be that this still has a fair way to go. 30 mkt cap has now been reached, too. PE still barely more than 11.

RNS out yesterday:

Walker Greenbank - Holding(s) in Company

RNS Number:1917V
Walker Greenbank PLC
19 April 2007


For immediate release 19 April 2007


WALKER GREENBANK PLC
('Walker Greenbank' or 'the Company')

Holding(s) in Company


Walker Greenbank plc (AIM: WGB), the designer, manufacturer and distributor of
furnishing fabrics and wallpapers whose international brands include Sanderson,
Morris & Co, Harlequin and Zoffany, announces that, in accordance with Rule 8 of
the Transitional Provisions of the new FSA Disclosure and Transparency Rules,
the following shareholders notified the Company, by 20 March 2007, that they
held a notifiable interest in the total voting rights of the Company.


Name of shareholder No. of Shares Percentage of voting rights
Gartmore Investment Limited 10,875,000 18.43%


The Company shares referred to above are Walker Greenbank plc ordinary shares
of 1p each and the total number of shares in issue is 59,006,162 with each
ordinary share carrying the right to vote. There are no shares held in treasury.

Very nice rise today: WGB Bid: 51.5p Offer: 53p Change: 2.25 180K traded so far.

Looking good for a breakout

capa

looking good to breach its all-time high, too. It hit 53p in Jan; the highest offer price paid so far today is about 52.8.

PE still just under 12. Keep holding and run the prfi for as long as I have the nerve, is what I intend to do.

Contrast also the 1.5p spread with the 0.5p spread at the beginning of the week. I guess the MM's don't have as much stock as they did - wonder if a tree-shake might ensue.

Positively on fire! WGB Bid: 52p Offer: 54p Change: 3; 258K traded

This is better than the telly! WGB Bid: 53.5p Offer: 54.5p Change: 4, 304K traded.

It's mostly small trades, buys well over double sells.

WGB Bid: 54.25p Offer: 55p Change: 4.75.

Most things are better than day time telly, unless there a Columbo on.

Oh by the way, thats a breakout I reckon.

capa

It most certainly is.

Let's have a nice chart:

PE 12. Something like 14 or more ought to be on the cards, surely?

Actually, this is the highest SP and PE in 6 years, so we are in uncharted territory.

10K buy just went through at 55p. MM's have kicked the bid down, 30K sold at 53p.

WGB Bid: 53.5p Offer: 55p Change: 4.25

A 'buy' in today's IC.

Great - thanks JMAC. Did they mention a price target?

Unmoved today: WGB Bid: 52p Offer: 53p Change: 36k traded, looks like all sells.

They dont give a target but have tipped them twice before in April 06 and Feb 07 and say given the continuing recovery they still look cheap, also: Broker Kepler Teather & Greenwood Merrion edged up its forecasts, and now expects adjusted pre-tax profits of 2.6m (1.5m last year), with EPS of 4.5p (2.6p).

Okay, thanks.

Dropped off a bit on profit-taking during the day, but recovered most of it quite nicely: WGB Bid: 51.5p Offer: 53p Change: -0.25 350K traded

Heading up again this morning: WGB Bid: 52.5p Offer: 53p Change: 0.5 only 33K traded so far.

I baled out of my trading play in WGB today as the SP has dropped off: WGB Bid: 51p Offer: 52p Change: -1.25

managed to preserve a 5% profit, though

If it gets back below 50p and the spread returns to that nice 0.5p, I might have another go at this.

Luxury interior furnishings group Walker Greenbank issued a positive pre-close trading update. This little business has been delivering some terrific numbers over the past few years - See more at: http://www.investorschampion.com/blog/

High growth company at the moment but the PE is a bit too high. On expectations of EPS of 10p for the Year ahead, the PE is just over 20, notice the Interim dividend is is a mere 0.44p ............

204.50p +2p
Walker Greenbank hikes H1 profit

Walker Greenbank has hiked its H1 pretax profit by 25.8% to £2.89m, from £2.3m. Group sales were up 11.4% to £45.8m, from £41.1m. Interim dividend was up 25.7% to 0.44p a share, from 0.35p.

Highlights
· Group sales up 11.4% to £45.8 million (H1 2014: £41.1 million),
· UK Brands sales up 7.6% and overseas Brands sales up 11.6% in reportable currency, 13.5% in constant currency
· Profit before tax up 25.8% at £2.89 million (H1 2014: £2.30 million)
· Adjusted profit before tax* up 12.3% at £3.68 million (H1 2014: £3.28 million)
· Strong performance from Manufacturing with total sales up 8.2% at £18.6 million (H1 2014: £17.2 million) including digital fabric printing sales up 35.0% at £3.2 million
· Earnings per share up 19.5% at 4.04 pence (H1 2014: 3.38 pence)
· Adjusted earnings per share* up 3.9% at 5.35 pence (H1 2014: 5.15 pence)
· Interim dividend up 25.7% to 0.44 pence per share (H1 2014: 0.35 pence per share)
Chairman Terry Stannard commented:
"Brand sales in the first ten weeks of the second half are up 7.5% in reportable currency (7.9% in constant currency) compared with the same period last year.

"This is an encouraging performance ahead of our key Autumn selling period and reflects strong trading in the UK, where Brand sales are up 7.5%, and in overseas markets, where Brand sales are up 8.5% in constant currency.

"Manufacturing also continues to perform strongly. The Board remains confident of meeting expectations for the full year."