The buzz
17 Jun 2015
AGM Statement Another very positive AGM statement - with significant growth all round. The company goes from strength to strength. The USA improvement is a bit inflated as it had been held back by the now completed refurbishment of the New York showroom (DB Centre). Hardly surprising that the shares jumped up again today.I won't be going to the AGM today, but would like to hear comments from anyone who does go. It would be interesting for the thoughts on the proposed revisions to the directors' incentive bonus share schemes which seem to be bestowing significant wealth in their direction.The B
Biscuit Barrell
21 May 2015
Re: IC Visits Loughborough I now know enough!
The buzz
20 May 2015
IC Visits Loughborough Learn more than you want to know about manufacturing wallpaper:-[link] B
Biscuit Barrell
15 Apr 2015
Re: Results TB,Trading performance was in line with expectations, although we should credit management with consistency - delivering year on year is impressive. However, I was disappointed at the level of EPS growth which at 3% was pretty flat and below where I anticipated
The buzz
15 Apr 2015
Results The results are more or less in-line with my expectations. The new financial year has started well giving prospects of continued growth.I was disappointed with the sales in the USA. It is stated that the New York showroom was closed for 6 months - a duration that I find hard to contemplate - especially as the recently acquired adjacent floor area is modest in size. Considering the much recovered housing market in the USA, the presence of other showrooms in places like Boston, and the results from Colefax (their main market is in the USA), I had expected much better figures from the USA. With the significant fall in the value of the £ against the $, WGB should be both increasing sales and profit margin. However, it is to be noted that double digit growth was achieved in the last 3 months of the fanancial year, so this year's contribution should be significant.That said, WGB remains on track to bigger and better things, the pension overhead is slowly diminishing in significance as the company grows, and with the UK housing market still in a robust shape, I would anticipate further progress. So I still have amodest holding in WGB, but now have a significantly larger holding in Colefax - whose share price has recently been moving up.The B
Boring Bernie
04 Feb 2015
Re: Trading Update - More Good news Top end of forecasts is always a nice thing to hear.Based on forecast earnings, we're not cheap, so I'm not in a massive rush to top up any more, but am more than happy to hold for the moment.
Biscuit Barrell
04 Feb 2015
Re: Trading Update - More Good news The market reaction to the trading update is a bit of a damp squib although I expect the shares will begin to approach previous highs in the coming months.After all the drop from 230p was based on analysts suggesting the company was going ex growth and therefore the re-rating had been overdone. That judgement looks to me to be premature.And whilst FX creates a risk wrt European business, Asia and US should offset.I have topped up - this one seems to be one to lock away - solid strategy and sound management.
The buzz
04 Feb 2015
Trading Update - More Good news "The Company has continued to perform well following the announcement of its half year results in October. Group sales for the year are expected to be up 6.4% on the previous year at £83 million and adjusted profit before tax is expected to be at the top end of analysts' forecasts."US trading up 5% (where $ rise means more profits), Western Europe 11.4% up, but the Far East not so good. The Antholgy brand seems to getting some traction and has been doing well overseas.In a nutshell - WGB has yet again consistently increased its sales and ehas exceeded expectations!The B
