Woodbois Share Discussion Threads

[odillon] 22/11/2023 08:40

The AGM is on 29 December 2023

[fenners66] 16/11/2023 18:20

Delay talking about current results at an AGM ?

Usually because they are sh...ite

[odillon] 16/11/2023 14:19

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."

[jaknife] 16/11/2023 13:00

To the extent that Woodbois is "leaky" it leaks cash like the Niagara Falls "leaks" water. It can't be that far away from needing yet another fund raise!

[mohamnx18] 16/11/2023 12:38

This looks good to re-rate!?leaky ship

[juliemara] 16/11/2023 10:12

CAVEAT EMPTOR. The wealthy get, and stay, that way by making other people's money theirs.

“If you’ve been in the game 30 minutes and you don’t know who the patsy is, you’re the patsy.”

Warren Buffet - Feb 29th 1988

[odillon] 15/11/2023 19:14

The 14.5 M trade was an in and out with a sell and buy of 14.5 M within about half an hour. A bit odd I thought,

Late on there was a 19.5 M buy, still for every buy there is a corresponding sell.

I am hoping that the AGM brings encouraging news that moves the mid-point nicely upwards.

[odillon] 15/11/2023 19:07

Quite a bit of volume today. The date of the 2023 AGM presentation has yet to be announced. That could suggest there is a fuller agenda than usual.

[andrbea] 15/11/2023 19:07

nice 14,500,000 vol. buy in the morning

[1knocker] 15/11/2023 18:19

I recall the way this was ramped up last year.Some lucky/clever folk will have made a packet, others will have suffered eye watering losses.I almost took a punt. Dodged a bullet there. Slightly surprised to see it is still trading.

[odillon] 12/10/2023 15:18

The 2023 AGM can't be too far away. The last one was 8 June 2022. You can usually register ahead to watch the AGM live or later on.

[blue59] 06/10/2023 15:02

Pretty much sums it up!

[odillon] 05/10/2023 23:52

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.

[fenners66] 05/10/2023 20:57

Gross margin 10.1% down from 23.4% last half year 25.4% last full year.

Basically not ever going to make any money at that GM

But we all knew that already didn't we ?

[odillon] 05/10/2023 14:37

The latest RNS was pleasingly upbeat. The following extract sounded promising.

"...our on-going optimisation of each of the business segments and the formulation of the future strategy to maximise value is progressing well. Our AGM will be convened shortly where this will be presented."

I'm looking forward to hearing more at the AGM.

[andrbea] 20/9/2023 09:02

large trade at a premium (0.68p)

20-Sep-23 09:42:14 0.68 6,000,000 Buy* 0.59 0.60 40.80k

[blue59] 14/9/2023 12:01

At what stage did you invest your £7k? I, fwiw, would sell up for whatever you can get and hope for better luck elsewhere.

[johnjono] 14/9/2023 11:40

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 🤷🏼‍♂️🤷🏼‍♂️

[blue59] 04/9/2023 09:08

At least the borders are opening up again, if they ever get back to producing something to export.

[blue59] 31/8/2023 07:02

It's OVER!!

[kaos3] 31/8/2023 05:41

They curtailed production to preserve liquidity?

Means they are not making profit doing it

[jack jebb] 31/8/2023 02:23

They curtailed production to preserve liquidity?

Madness. The sooner Dolan goes the better. They should have increased production to increase liquidity. He should have stuck to trading in the City.

[blue59] 30/8/2023 18:24

Something is better than NOTHING!!

[pugugly] 30/8/2023 15:14

Kalashnikov time - Watch and wait - possibly too late to sell.