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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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Walker Green bank

October 2013

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.

  • Epic Code:
  • WGB
  • Price:
  • 152p
Shares in wall coverings group, Walker Greenbank, have embarked on a tremendous run to a new high of 152p and sit nicely ahead of our tip price of 74p from June 2012. The latest pre-close update ahead of its results for the half year to 31 July should support this run with the board noting that the momentum seen at its agm in June has continued with brand sales, manufacturing and licence income all delivering a positive performance. Broker, WH Ireland has left eps forecasts for 9.5p for the year to next January unchanged but sees scope to raise them later if current trends continue. Its  price target has been raised from 135p to 155p. Although the shares have gained 105% in just over ...

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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.

All material on this website is protected by copyright. You may use Information retrieved from the www.scsw.co.uk website for your own personal non-commercial use which means that you may not sell or copy this information to any third party without prior written consent. ISSN 1358-183X

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