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
  0.075 4.92% 1.60 1.55 1.65 1.60 1.525 1.53 10,918,537 14:28:28
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Forestry & Paper 12.9 67.1 2.7 0.5 33

Woodbois Share Discussion Threads

Showing 576 to 598 of 750 messages
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JK, In fairness to WBI the figures you refer to are set out in the update so there is no sleight of hand as you appear to suggest. The investigate link you provided gives you the company update. So you are quoting the company update whilst suggesting they failed to say what is in your quote, which is the company update.

For completeness you could have included WBI's p explanatory points,

"Working capital marginally reduced to $9.3m at 30 September 2022 owing to expected capex. Total borrowings decreased marginally during the quarter from $12.4m to $12.3m reflecting machinery lease repayments made during the period"

So this is all set out and referred to in the company update. It is expressly addressed and you seem to have missed this when you read the update.

The update was good detailed information and this is consistent for a company that keeps shareholders updated much better than most, with quarterly updates at the very least.

Buys exceeding sells day after day indicates that sentiment is with this share. That makes sense. The results were expected to be good and are good and there are also further good prospects for the future. For example, if WBI receive the Forestry Stewardship Council certification they are applying for, they will be able to extend their market and increase profit. So that's something to look forward to.

My prior concern about WBI was movement of the share price based on inaccurate information about carbon credits. That misinformation has been debunked (I did a lot of the debunking to seek to help others keep expectations realistic) and the share can now stand on its own two feet based on increasing sales of timber and veneer and accurate information about the carbon credits side of the business.

Your presence on this chat board indicates a personal interest in the share. At what price are you hoping to buy in?

Buys are exceeding sells once again today. The final comments in yesterday's Q3 update are set out below. It could well be that investors are recognising WBI as both a good prospect for future growth and a port in a storm.

"CEO Paul Dolan commented : 'The business maintained its strong momentum throughout Q3, delivering record quarterly revenues, production and margins. Mindful of current worldwide uncertainties we will continue to be resilient and adaptable. With further high-value production increases underway we have a busy run-into year-end. Almost regardless of market conditions we look forward with confidence to further growth in 2023 and beyond"

Impressive update - it'd be nice to see a little debt reduction but otherwise good.
Canaccord Genuity repeats 'Speculative Buy' rating and 7p price target on Woodbois following third quarter update:

mmmmmmm not so sure. DIAMOND
diamond fibre
Excellent results. Buys are exceeding sells once again today in response to the good results. There has been a delayed positive reaction to good results in the past with the WBI price and that may happen again, especially with sentiment favouring buys.

Increased revenue all round for timber.

Also an interesting update on the Carbon Credits side;

" to validate our proof-of-concept we will commence a limited initial pilot project on an area of low carbon stock land within our existing concessions. Upon receiving any grant of land from the government we will immediately look to scale the pilot scheme, preferably with the financial support of one or more external funding partners."

"discussions with the relevant government Ministers have continued to progress"

Woodbois sees record revenues and timber production:

Very good results
It's a positive , at this time, that WBI are paid in dollars.
Several days with a lot more buys than sells without the price rising. Also a lot of quite substantial buys of 100,000, 500,000 and at least one of 1,000,000 shares.

I think some have picked up on the possible advantages to WBI of Gabon obtaining the carbon credits certification this week. We certainly have here on ADVN but it seems to have been missed on other sites.

I am really intrigued to know what will be in the update. I thought it would be today or Monday and so I am now going to be glued to a screen at 7 a.m. on Monday. (Although one of the quarterly updates this year was on the 19th of the month, so we may have to wait a little longer).

Lets hope it is exciting Smraynot.

That is a very good spot from the half yearly results Broad.

I am hoping that we have an update that brings us good news for WBI on two fronts. The timber and the carbon credits project.

Fingers crossed.

From half year results.

Carbon Division

We are fortunate to have our core operations based in Gabon, one of the last countries in the world with high forest cover and low levels of deforestation (HFLD) of between 0 and 0.05%. In 2019 Gabon signed up to an independently audited, results-based agreement with the UN worth $150m, making it the first HFLD country in Africa to enter into such a payment agreement for emission reductions and removals through forest preservation. On 9(th) July 2022 the UN signed the 3(rd) phase of the CAFI (Central African Forest Initiative) program, congratulating Gabon on its contribution towards a 'transformation to a green and blue economy'. It is within this context that Woodbois submitted a comprehensive feasibility study and proposal to the Government of Gabon to develop a large-scale afforestation project in the country. Woodbois aims to be a standard bearer for best practice within Gabon as the country continues to show leadership on forest preservation on the world stage. It has been encouraging to see Gabon receive widespread recognition during H1 2022 for its work with the United Nations Framework Convention on Climate Change's REDD+ mechanism to create carbon credits and with the Central African Forestry Initiative backed by European governments, as well as becoming the 55(th) member of The Commonwealth in June 2022.

While we wait for government approval for our proposed initial large-scale afforestation project for carbon sequestration in Gabon, we continue to work to align our operations with the interests of the country through increasing employment, continued investment and commitment to achieving full FSC certification. We also continue to invest in this important division which we expect to be a key driver of medium to long-term revenues . We have high confidence in the future of carbon markets to continue to evolve positively and in line with shifting public and corporate attitudes as well as policy changes. We hope to receive the green light to commence our maiden project in H2 2022 which will be followed by a comprehensive four-year trial phase. The implementation of our initial project is intended to position the Company as a pioneer in this area, distinguishing Woodbois from the rapidly expanding group of consultants becoming active in the space. Few, if any, other listed companies have the combination of in-house financial structuring skills and on-the-ground implementation experience required to deliver on projects of such scale

16.11.35 shows 58 consecutive trade buys. Someone in the know!
Exciting few days ahead of us.
Here is a potential partner for a carbon credits project with WBI

See the tweet on 12 October

COP27 starts on 6 November. WBI will be participating and no doubt making a good case for the use of their expertise in new partnerships to get carbon credit projects up and running.

But before that we will have the quarterly update and I am keen to see where WBI are with sales of timber and veneer and with levels of container shipment.

As well as sales it will be good to hear about how production is going and whether earlier investment in buildings and machinery has now paid dividends.

Fingers crossed.

otes, with 66.67 per cent. of votes cast in favour.

The Proposals remain conditional upon the approval by the Company's shareholders at a General Meeting to be held at 2:00 p.m. on 24 October 2022 at the offices of Fieldfisher LLP, 2 Swan Lane, London, EC4R 3TT (the "GM") and should approval be given, EUR15.0 million of existing debt principal, together with accrued interest thereon, will be converted into new ordinary shares in the Company ("Ordinary Shares") at a 76.4 per cent. premium to the closing mid-market price per Ordinary Share on 12 October 2022:

-- 50% of the outstanding principal amount of the Notes (an amount of EUR10.0 million), together with accrued interest thereon, will be converted into new Ordinary Shares at a price of 0.45 pence per Ordinary Share;

Good morning

Ladies and Gents

we are back in EVG we gonna try to double top at 7.8p.

It's currently 5.3p.


Just saw a recent positive article on WBI from the Armchair Trader.

They say;

"The company’s financials indicate solid performance in terms of growth and income and mean that the timber producer may become interesting again in the next few months."


"Woodbois looks likely to overperform the paper and forestry sector going forward, benefitting significantly from the macroeconomic environment we see now."

It will be very interesting to see the company's Q3 update.

I'm placing my bet for the quarterly update to be released on Friday or Monday.

One point to note from the last update on revenue -

"The total number of containers shipped in Q2 2022 increased by 24% over Q1 2022 and will only fully convert into Revenue in Q3 given the delay between physical shipping and revenue recognition."

Give it up!
That should say

In the not to distant future

My typing went a bit 'Allo 'Allo

Chat Pages: 30  29  28  27  26  25  24  23  22  21  20  19  Older
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