Walker Greenbank – from “improving trend” to “weakened significantly against management's expectations” in 6 weeks
Previously writing on interior furnishings company Walker Greenbank (WGB) in August with the shares then approaching 240p, I concluded a forward price/earnings multiple of 14x and dividend yield of circa 2% look fair enough, but consumer concerns see me at this juncture avoid. The shares had since slipped back towards 200p – before a “Trading Update” announcement today…


