Woodbois Share Chat (WBI)

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

Date	Subject	Author	Discuss
14/10/2019 08:47	Now Woodbois merely need to increase turnover by a factor of 15 and they might breakeven. LOL!	jaknife	Read Full Thread Reply
14/10/2019 08:36	Looking good. *U.K., SOUTHERN AFRICA CUSTOMS UNION, MOZAMBIQUE SIGN TRADE PACT	jack jebb	Read Full Thread Reply
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 ï¿½23m. Note that the preference shares that are going to be reclassified as debt have a nominal value of $26.25m (about ï¿½21.5m) 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	Read Full Thread Reply
12/9/2019 08:39	No views on the results?	jaknife	Read Full Thread Reply
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	Read Full Thread Reply
01/8/2019 05:39	Those with a full brain are hoovering them up.	jack jebb	Read Full Thread Reply
31/7/2019 23:31	Everyone with half a brain is selling!	jaknife	Read Full Thread Reply
31/7/2019 19:51	Couple of large trades - is MP selling down / out?	mattab	Read Full Thread Reply
11/7/2019 14:09	Fair comment	mattab	Read Full Thread Reply
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	Read Full Thread Reply
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	Read Full Thread Reply
11/7/2019 11:42	Miles Pelham is stepping down at WBI - still operational 'issues' on the trading side.	observer007	Read Full Thread Reply
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	Read Full Thread Reply
11/7/2019 03:53	hTtps://www.diginex.com/team/	jack jebb	Read Full Thread Reply
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	Read Full Thread Reply
21/5/2019 12:33	Good point Blue but he is not Jamie Oliver.He got out of the food business?	michaelfenton	Read Full Thread Reply
21/5/2019 12:06	Hmm, Jamie Oliver put £13m of his own money to prop up his restaurant chain.	blue59	Read Full Thread Reply
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	Read Full Thread Reply
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	Read Full Thread Reply
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	Read Full Thread Reply
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	Read Full Thread Reply

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