Woodbois Share Discussion Threads

[odillon] 16/4/2024 14:04

JK as far as I know we only have one life. So it does seem to me that your ongoing active interest in WBI suggests that you do care.

It's always good to see you!

[jaknife] 16/4/2024 13:27

Who cares? It's irrelevant! The only relevant facts are:

* The market cap is £30m

* The value of the business is c. £30m below that

* It's a cash-guzzling pile of poo that needs to raise cash on a regular basis to cover the losses and keep paying the inflated remuneration of the Directors

Hence it's a sell. No more analysis needed!

[odillon] 16/4/2024 13:12

There is way over average volume of trades today and it is still early afternoon. I cannot see any news, so it is not clear why there is so much trading.

The average is 18 million and so far today they have been 66 million trades.

[odillon] 15/4/2024 19:26

There is something odd going on.

Today's price is showing a drop of 10%. Looking at the trades on the EME trades section, in the last half hour of trading there were three WBI trades totalling 50 million shares, the last of which was at 0.79 pence - though the closing price was given as 0.665 pence.

[odillon] 12/4/2024 12:23

Hi JM, yes I got that😊

But funnily enough I may well have been right on the ISA's. The timing of the down and then up movement as well as the increased volume matches perfectly with the movement of shares from general account to ISA at the beginning of a new tax year.

[juliemara] 12/4/2024 09:52

It was your ISA gag that raised a smile (aka derisory laughter)!

[odillon] 11/4/2024 19:33

My Southern USA accent gags always raise a smile 😊

[odillon] 08/4/2024 20:01

Well above average trading today. I wonder if folk are switching holdings over to their ISA's?

[odillon] 20/3/2024 09:14

JM, isn't it pronounced y'all. What's the weather like today down in Dixie?

[juliemara] 14/3/2024 12:24

Just like that farm you all paid for!

[fenners66] 14/3/2024 11:49

So they wrote off $26.7m of Mozambique assets last year and now there will be no loss when they are sold for
a pittance ?
In fact they may even record a profit....

Clever idea , instead of giving them away in the same year and raising more questions...

[juliemara] 13/3/2024 14:29

Rinse and repeat!

[odillon] 09/2/2024 16:40

JK, it’s very good to see you back, I was rather worried that you may have taken a knife to a gun-fight

[jaknife] 09/2/2024 13:44

What on earth makes you think that the future will be anything different to the past?

* Cash guzzling
* loss-making
* bent balance sheet
* needs a new fund raise every year just to keep the lights on

It's one of those dogs that needs to find new suckers every year!

JakNife

[supertag] 09/2/2024 13:09

Been monitoring these for a while and have now taken an investment as future looks promising. Time will tell.
GLA Supertag.

[odillon] 08/2/2024 20:07

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.

[odillon] 01/2/2024 12:07

He he - fair enough Pugugly

[fenners66] 01/2/2024 11:06

How many more red flags does anyone need ?

Only skill communicating ... no communication = no skill.

At least not the ones shareholders are looking for.

[pugugly] 01/2/2024 10:50

Odillion - I consider knuckles rapped - Hungover!!!

[odillon] 01/2/2024 01:25

At the AGM, we were told a Q4 update was planned to be released by the end of January 2024. We were also promised there would improved communications between the company and shareholders. The résumé of the new CEO states that one of his specialities is communicating with shareholders. As one of those shareholders, I am disappointed that no Q4 update has been released, and furthermore that there has been no communication informing shareholders of the reason for the delay and when the Q4 report can now be expected. I do not consider this to be a good start by the new team. However, I hope for improvement.