AGM today......

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.