Updates

Walker Greenbank

March 2015

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

A strong second half performance from luxury wallpapers group, Walker Greenbank, means it will deliver pretax profit at the top of the range for the year ended January 2015. Group sales should rise 6% to £83m.The brands division, which comprises names like Sanderson, Morris & Co and Zoffany, increased sales 8.2% at constant currency. In the UK (its largest market) turnover rose 10.3% while other hot spots were the US (+5.1%) and Western Europe which grew 11.4%.Its manufacturing division achieved double digit sales growth, thanks to strong demand for digital printing.Investec has upgraded eps by 2.5% to 11.1p and 11.3p for ’15 and ’16. Tipped at 74.25p in June ‘12, we previously recommende ...

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Associated British Foods - Primark sales rise 15%

Crest Nicholson - Shares hit all time high

Walker Greenbank (June 2015)

Walker Greenbank (December 2014)

Walker Greenbank (October 2014)

Walker Greenbank - Gain to date: 153% (June 2014)

Walker Greenbank - Take profits after strong run (March 2014)

Walker Green bank (October 2013)

Walker Greenbank - Profits ahead of expectations (June 2013)

Walker Greenbank - Trading ahead of expectations (March 2013)

Walker Greenbank - Wallpaper firm trading at discount to sector (December 2012)

Walker Greenbank (September 2012)

Walker Greenbank - Luxury wall coverings group with reputation for beating forecasts (June 2012)

With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

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