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WBI Woodbois Limited

0.79
-0.035 (-4.24%)
18 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Woodbois Limited LSE:WBI London Ordinary Share GG00B4WJSD17 ORD 0.01P
  Price Change % Change Share Price Shares Traded Last Trade
  -0.035 -4.24% 0.79 26,270,331 16:09:30
Bid Price Offer Price High Price Low Price Open Price
0.75 0.83 0.825 0.79 0.825
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Chem,fertlizer Minrl Mng,nec USD 23.11M USD -111.19M USD -0.0302 -0.26 29.12M
Last Trade Time Trade Type Trade Size Trade Price Currency
16:30:08 O 2,000,000 0.75 GBX

Woodbois (WBI) Latest News

Woodbois (WBI) Discussions and Chat

Woodbois Forums and Chat

Date Time Title Posts
14/3/202412:24Woodbois - Creating dreams from African timber1,223

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Woodbois (WBI) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2024-03-18 16:30:090.752,000,00015,000.00O
2024-03-18 16:26:540.82610,8924,994.04O
2024-03-18 16:26:300.82304,8962,494.05O
2024-03-18 16:25:250.754,000,00030,000.00O
2024-03-18 16:12:190.766204.72O

Woodbois (WBI) Top Chat Posts

Top Posts
Posted at 18/3/2024 08:20 by Woodbois Daily Update
Woodbois Limited is listed in the Chem,fertlizer Minrl Mng,nec sector of the London Stock Exchange with ticker WBI. The last closing price for Woodbois was 0.83p.
Woodbois currently has 3,685,850,726 shares in issue. The market capitalisation of Woodbois is £29,118,221.
Woodbois has a price to earnings ratio (PE ratio) of -0.26.
This morning WBI shares opened at 0.83p
Posted at 08/2/2024 20:07 by odillon
Today's news sounds positive and it was good practice for WBI to apologise for the update arriving just over a week later than promised. There was a good bump up in the price today too and I hope we can get back to a penny soon, as a platform for an even better price.

In the monthly newsletter that I received on 11 December 2023 it said among other things;

"Woodbois have successfully broken into a new, and exciting market in North Africa and has developed new relationships with a number of leading suppliers in central Africa.

Our head of trading recently travelled to China to agree terms with a new FSC-certified plywood manufacturer."

It would be good to hear more about these deals.
Posted at 11/12/2023 14:22 by odillon
Oh, it was in fact briefly a penny share today and may yet get there again before the bell.
Posted at 07/12/2023 19:55 by odillon
WBI could be a penny share soon. It would be lovely if it could eventually be a £1 one.
Posted at 16/11/2023 14:19 by odillon
A possible reason for a later than usual AGM is to seek to sell as much timber as possible in Q4 before the meeting. Presumably the AGM will be before Christmas. I am going to take a punt on 18 December as the 2023 AGM date.

Shipping by container has come down in price over the year. The price of timber has fluctuated up and down and is now about the same as it was at the beginning of the year.

Time will tell if I am right about the AGM date and if Graeme Thomson was right when he said:

"I am optimistic that Q4 onwards will see a marked upturn in activity as we solidify new relationships, finalise and vigorously execute on our strategy."

and

"I am aware that 2023 has been a tough one for all those involved with our Company. We have encountered events that could not have been foreseen, but we emerge from these challenging times with our balance-sheet considerably stronger, strategic focus and drive embedded in our ethos, a streamlined and energetic executive team, new strong shareholders and partners with whom to deliver on the outstanding promise which this business and our sectors hold."
Posted at 05/10/2023 23:52 by odillon
There have been non run of the mill challenges in 2023 which have had a big impact on sales. The company are saying that the future is brighter, so let's see how we do in the last quarter of 2023 and thereafter. It is a plus that there are two major shareholders with expertise that may be of great assistance to WBI.

The AGM has been signalled as a time when we will learn more.
Posted at 14/9/2023 11:40 by johnjono
I’m just interested as to when these shares are going to improve
I’ve put £7000 into this company
After watching it hit 0.20 a share and rise to 0.80 🤷🏼‍♂️🤷🏼‍♂️
Posted at 15/8/2023 21:46 by odillon
The financial package update explained that short term debt was addressed allowing the company to be fully operational for at least a year. So, at some point, it is to be expected that there will be an update on sales. But I think that has been delayed as the wind was taken out of the company sails when Sydbank called in the loan. Whether the next update is delayed until the next quarter or not remains to be seem.

There are some peculiar small trades being made. Perhaps WBI trades are being used as a form of communication via numbers.
Posted at 17/5/2023 08:08 by silverspoon2009
Remember a lot of the damage caused to the share price from 4p was done by Pelham and Lombard dumping 40% of the issued capital into the market, they are gone now.

If funding is secured as is likely no wonder the share price is bouncing hard with much more to go.
Posted at 26/4/2023 10:52 by vaston
When the money gets sorted which it will , the share price will be back to 6p .

I’ve never seen so much scaremongering.
Posted at 19/10/2022 12:23 by odillon
JK, In fairness to WBI the figures you refer to are set out in the update so there is no sleight of hand as you appear to suggest. The investigate link you provided gives you the company update. So you are quoting the company update whilst suggesting they failed to say what is in your quote, which is the company update.

For completeness you could have included WBI's p explanatory points,

"Working capital marginally reduced to $9.3m at 30 September 2022 owing to expected capex. Total borrowings decreased marginally during the quarter from $12.4m to $12.3m reflecting machinery lease repayments made during the period"

So this is all set out and referred to in the company update. It is expressly addressed and you seem to have missed this when you read the update.

The update was good detailed information and this is consistent for a company that keeps shareholders updated much better than most, with quarterly updates at the very least.

Buys exceeding sells day after day indicates that sentiment is with this share. That makes sense. The results were expected to be good and are good and there are also further good prospects for the future. For example, if WBI receive the Forestry Stewardship Council certification they are applying for, they will be able to extend their market and increase profit. So that's something to look forward to.

My prior concern about WBI was movement of the share price based on inaccurate information about carbon credits. That misinformation has been debunked (I did a lot of the debunking to seek to help others keep expectations realistic) and the share can now stand on its own two feet based on increasing sales of timber and veneer and accurate information about the carbon credits side of the business.

Your presence on this chat board indicates a personal interest in the share. At what price are you hoping to buy in?
Woodbois share price data is direct from the London Stock Exchange

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