Woodbois Share Discussion Threads

[vaston] 26/9/2022 08:08

This is on top of all Google searches agsin

htTps://www.the-financialnews.com/?p=4057&gclid=EAIaIQobChMI3_DChICy-gIVSJ7tCh3ROAj2EAAYASAAEgKi6vD_BwE

[odillon] 24/9/2022 13:13

Thank you for the info Vaston. My own preference is to follow the company news, although at times with many companies what appears to be good news does not always lead to an upturn. Plus being patient helps a great deal. Sometimes a share seems down and out and then it can provide a very welcome surprise.

[vaston] 24/9/2022 12:38

Odilion , it’s from Vox, he’s a well known Chartist. It’s just another way to look at whether a company’s share price will grow.
Some believe in reading charts more than fundamentals , others don’t. It’s everyone’s choice .
Personally I’m a believer on the basis I’ve made money from listening to him.

[blue59] 23/9/2022 14:40

I rather suspect he knows exactly what’s in that link and who posted it!

[odillon] 23/9/2022 13:43

Hi Vaston the video worked at a second attempt.

The speaker on the video (WBI is one of the last shares covered in the video) says, based on graphs, that WBI may reach as high as 7 in one or two months, but I have no idea who the speaker is. It seems to be a small you tube site. It has about 2000 subscribers. I would not make any decisions based on this. I am waiting to see what news the next update brings us and hope it is positive.

[odillon] 23/9/2022 13:33

Hi Vaston

The link you gave leads to "video unavailable"

Do you have an alternative link please? Also, who was speaking on the video?

[vaston] 23/9/2022 11:29

htTps://www.youtube.com/watch?v=oYKKt5_3VLU

Chart says over 7p coming

[fenners66] 23/9/2022 11:24

They are ALL .... Going to make money.

Some of them Actually DO make money

[vaston] 23/9/2022 11:18

Nothing to do with any articles , read what the company is saying.

[vaston] 23/9/2022 11:17

Suckered in , this is one of the only companies around that’s actually going to make money.

[blue59] 23/9/2022 10:27

A few more suckered in!

[vaston] 23/9/2022 10:23

It was tipped here this morning.
htTps://world-finance-news.com/?p=5241&gclid=Cj0KCQjwj7CZBhDHARIsAPPWv3c7P8YWFtMGcTiPbOliVacomIug_kGTOvuR78QnJPxZdQJD4y85TgcaAmoQEALw_wcB

[odillon] 22/9/2022 18:33

Container shipping is coming down in price. I am not sure what the prices give you. If it is the price for moving one container it seems steep even at its cheapest. But I guess if you are sending high value or many items it is not unreasonable.

hxxps://www.statista.com/statistics/1250636/global-container-freight-index/

[blue59] 22/9/2022 16:16

They harvest unsuspecting investors’ money. There’s a new crop on a regular basis.

[odillon] 22/9/2022 15:27

If there was news of a deal with a partner who could buy the land to progress the carbon credits project I could understand a rise. But we have not had confirmation of that and so as we stand I think any rise must relate to the established timber side of the business.

It could relate to higher global container movement.

[daijavu] 22/9/2022 15:19

I think they have usually sold wood for furniture but have been moving over to selling carbon credits for the last couple of years. There seems to be more money in selling carbon credits than selling timber.

[odillon] 22/9/2022 14:01

At the time of writing the share price rise today is showing as 16.9%

I don't think of WBI as a leaky ship in terms of news and the over-egged bogus articles have been well and truly debunked and so perhaps the rise is simply a reflection of an expectation that timber sales have been at strong levels since the last update, even if not for stoves.

[odillon] 22/9/2022 13:54

Thank you for confirming that Blue, I was not sure as the uses of their timber are not all set out in the website, just examples of some of its application.

But if more wood is being burned that does mean higher carbon emissions and so more demand for forests to offset them.

[blue377] 22/9/2022 13:30

They dont supply fire wood.

[odillon] 22/9/2022 13:25

From the Guardian

"Burning wood releases more CO2 than gas, oil and even coal for the same amount of heat, so to make it climate neutral we need an increase in forests"

I think that could well be relevant to WBI.

[blue59] 22/9/2022 11:42

NOT relevant to wbi!

[odillon] 22/9/2022 10:23

It is reported that in Germany firewood and wood pellets have gone up by an annual rate of 85.7 per cent in August, while wood chips and chips have more than doubled in price. They are being used for heating too.

There is also a rise in the import of wood fired stoves.

[odillon] 22/9/2022 09:52

I read in the FT today that in Germany the price of wood has doubled as it is being used as an alternative to oil and gas for heating.

I am not sure if WBI supply wood for fuel? But there has been a nice share price rise today so far on the same day the news from Germany was reported,

[vaston] 21/9/2022 12:41

2.5 would be nice because it would kick start the buying.
6p will be the floor here soon

[blue59] 20/9/2022 07:20

Common sense says 2.5p.