By Steve Moore | Wednesday 15 November 2017
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
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…
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