Share Name Share Symbol Market Type Share ISIN Share Description
Woodbois Limited LSE:WBI London Ordinary Share GG00B4WJSD17 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.25 -3.65% 6.60 6.40 6.80 6.85 6.40 6.85 80,000 13:33:07
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Forestry & Paper 13.5 -5.6 -1.8 - 31

Woodbois Share Discussion Threads

Showing 26 to 46 of 50 messages
Chat Pages: 2  1
DateSubjectAuthorDiscuss
14/10/2019
08:47
Now Woodbois merely need to increase turnover by a factor of 15 and they might breakeven. LOL!
jaknife
14/10/2019
08:36
Looking good. *U.K., SOUTHERN AFRICA CUSTOMS UNION, MOZAMBIQUE SIGN TRADE PACT
jack jebb
10/10/2019
08:55
The Q3 trading update is out: Https://www.investegate.co.uk/woodbois-limited--wbi-/rns/quarterly-update/201910100700023558P/ The revenue is highlighted as being "record" but at $4.9m it's still immaterial and won't be enough to generate a profit, never mind positive cash flow. They're still waiting for the cash from the sale of the farm in Tanzania as it's not come yet. The reverse debt for equity swap is expected to close on 20 October. At that point in time the debt in the business will look absolutely horrendous and it should be clear and obvious that the debt has no hope of ever being repaid. At 5p the market cap is �23m. Note that the preference shares that are going to be reclassified as debt have a nominal value of $26.25m (about �21.5m) but that doesn't include the accumulated but unpaid dividends. Miles Pelham owns 73% of the prefs and presumably wants his cash back. The only way out for Woodbois will be a material debt for equity swap, this time swapping the new debt for ordinary shares. It looks bleak. JakNife
jaknife
12/9/2019
08:39
No views on the results?
jaknife
15/8/2019
06:18
RNS out...the wood may be sustainable, the question remains whether the remnants/stump of the company left is. 15 August 2019 Woodbois Limited SPOTT Transparency Assessment In its inaugural year of assessment, Woodbois has been placed 7(th) out of 97 companies on the SPOTT timber producers table, as one of only 9 other companies which were ranked in the 'higher' segment of the transparency score range this year. SPOTT, Sustainability Policy Transparency Toolkit, is an online platform created by the Zoological Society of London to assess commodity producers and traders on the public disclosure of each company's policies and operations, as well as their commitments to environmental, social and governance (ESG) best practice. As sustainable forestry management becomes an ever-increasing focal point in the discussion to mitigate climate change and deforestation, Woodbois is dedicated to working alongside organisations such as the ZSL to help assess companies that are at the forefront of managing tropical forests. That our ESG practices and the transparency of our operational conduct should be of the highest standards, remains central to management's medium-term goals on behalf of all our stakeholders. We look forward to working with the SPOTT team for the 2019 iteration of Woodbois' assessment. To see the SPOTT assessment for all 97 companies, please click here. To see Woodbois' 2018 Sustainability Report, please click here.
multibagger
01/8/2019
05:39
Those with a full brain are hoovering them up.
jack jebb
31/7/2019
23:31
Everyone with half a brain is selling!
jaknife
31/7/2019
19:51
Couple of large trades - is MP selling down / out?
mattab
11/7/2019
14:09
Fair comment
mattab
11/7/2019
13:24
Or looking the other way he is no longer an insider and is free to buy whenever he likes
shareideas1
11/7/2019
12:36
If stepping down wont be looking to buy it I suspect. Has massive skin in the game though - cannot imagine selling out at these levels.
mattab
11/7/2019
11:42
Miles Pelham is stepping down at WBI - still operational 'issues' on the trading side.
observer007
11/7/2019
05:18
Thanks Jack. Very interesting. I often wondered what else Miles was up to. He has been a busy boy.
michaelfenton
11/7/2019
03:53
hTtps://www.diginex.com/team/
jack jebb
11/7/2019
03:52
Miles Pelham has just become exceedingly rich. Crypto Firm Diginex Strikes Deal to Go Public in U.S. (2) Reverse merger poised to value Diginex at $276 million Latest crypto company to list shares without traditional IPOBy Liana Baker (Bloomberg) -- Diginex ;Ltd., a Hong Kong-based cryptocurrency and blockchain services company, said on Wednesday that it is going public through a reverse merger with 8i Enterprises Acquisition Corp. Diginex will be listed on Nasdaq following the deal with 8i, a so-called blank-check company, the companies said. The deal is poised to value Diginex at about $276 million including debt, according to a press release, which confirmed an earlier Bloomberg report. Diginex’s Chief Executive Officer Richard Byworth said in a statement that the deal will give the company “broader market visibility.” Diginex provides advisory services and develops blockchain tools for companies including payments firm Fidelity National Information Services Inc. It is also planning to launch a virtual currency marketplace, according to its website. 8i is a special purpose acquisition company, a type of firm that raises money with plans to buy or merge with other companies. Cryptocurrency companies such as Diginex ;have been skipping initial public offerings and instead pursuing so-called backdoor listings to access public markets. IPOs can take longer to pull off and involve more regulatory hurdles. The U.S. Securities and Exchange Commission will still need to approve Diginex’s proxy filing. Diginex shareholders will receive 20 million ordinary shares of 8i valued at $10 per share. The cryptocurrency firm has been hiring executives to expand in the U.S. In February, Diginex said it brought on Will McDonough, a former Goldman Sachs Group Inc. vice president who previously started a brand-management company that has represented quarterback Tom Brady of the National Football League’s New England Patriots. An agreement to bring on McDonough has not been finalized yet, however, and he has not started at the company. McDonough and his team are not part of this transaction, a Diginex spokeswoman said. Diginex is betting that financial institutions and investors will increase their exposure to digital assets and the blockchain technology that underpins them, despite a major sell-off that has erased most of the cryptocurrenciesR17; market value over the past two years. While some institutions are experimenting with products, many have steered clear because of an uncertain regulatory outlook and concerns over money laundering, market manipulation and cybertheft. Facebook said this month that it planned to introduce a cryptocurrency called Libra, a move that already has drawn scrutiny from U.S. lawmakers. ------------------------------------------------------------------- I wonder what he'll do with $100mln burning a hole in his pocket?
jack jebb
21/5/2019
12:33
Good point Blue but he is not Jamie Oliver.He got out of the food business?
michaelfenton
21/5/2019
12:06
Hmm, Jamie Oliver put £13m of his own money to prop up his restaurant chain.
blue59
21/5/2019
09:35
Toolsmoker - Miles at least puts his cash where his mouth is and has a huge amount of skin in the game to his credit.
michaelfenton
21/5/2019
09:16
Jakknife keep up the de ramping please since you posted we have had a great run and miles has been buying clearly he sees the value that you dont
toolsmoker
14/5/2019
08:48
Well it all depends on keeping the turnover upturn going through 2019? I do agree about the preference shares.
michaelfenton
14/5/2019
08:38
I don't think that I'm being harsh enough. WBI is at the top of my list for the most bent accounts on AIM. The number in the accounts for biological assets is complete and utter fantasy. Remove that (and the associated deferred tax) and the balance sheet is technically insolvent - ie negative net assets. Note that the current liabilities is in excess of current assets? In the good old days an auditor would qualify such accounts. In addition, I would highlight that the accounting for the preference shares is also extremely dubious. I fully expect that in time the ordinary shares will go to zero.
jaknife
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