Woodbois Share Discussion Threads

[odillon] 23/9/2022 14:33

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 12:29

Chart says over 7p coming

[fenners66] 23/9/2022 12:24

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

Some of them Actually DO make money

[vaston] 23/9/2022 12:18

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

[vaston] 23/9/2022 12:17

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

[blue59] 23/9/2022 11:27

A few more suckered in!

[vaston] 23/9/2022 11:23

It was tipped here this morning.

[odillon] 22/9/2022 19:33

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 17:16

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

[odillon] 22/9/2022 16:27

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 16:19

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 15:01

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 14:54

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 14:30

They dont supply fire wood.

[odillon] 22/9/2022 14:25

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 12:42

NOT relevant to wbi!

[odillon] 22/9/2022 11:23

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 10:52

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 13:41

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

[blue59] 20/9/2022 08:20

Common sense says 2.5p.

[vaston] 14/9/2022 10:41

Chart says 6p is imminent

[fenners66] 12/9/2022 15:04

Looked these up as a friend asked me about them.

Got to say that expressing EBITDAS is a rarity

[spaceparallax] 12/9/2022 08:53

It does seem odd that the article is pursuing a narrative that's been denied directly by the company

[vaston] 11/9/2022 18:12

If it’s ramping, it’s not worked looking at the share price.