Woodbois Share Discussion Threads

[kaos3] 11/4/2023 09:52

....The dream of turning a tropical rainforest into timber....


one can not be that incompetent ... has to be something else

[toolsmoker] 11/4/2023 09:48

The rally begins .plenty of fools selling today. The sell time was 6p down to 2p .now time for a re rate

[volsung] 11/4/2023 09:23

The dream of turning a tropical rainforest into timber has turned into a nightmare.

[bigboots] 11/4/2023 08:34

This is now looking like its over, no wonder funds were selling....

[fenners66] 11/4/2023 08:30

"Period end working capital(1) of $10.4m of which inventory was $2.6m "
So $7.8m was debtors and cash less creditors...

Clearly looks like they have far too long debtor days , possible bad debts?

It is possible to run a manufacturing business with negative working capital - this is clearly nowhere near.

A sale and leaseback often spells the end - remember MFI anyone ?

To repay short term expensive debt - with long term expensive debt ?
What's the betting on what cash they realise from a sale and leaseback ? And what unnamed party gets their hands on it with massive finance costs and "arrangement fees" ?

[fenners66] 11/4/2023 08:11

Not read all the announcement yet but when a company talks of reducing Sales because of

"and working capital constraints "

you know they are bleeding cash....

[fenners66] 11/4/2023 08:10

Apt description ShortCPX....

[shortcpx] 11/4/2023 07:11

TIMBERRRRR

[kaos3] 11/4/2023 06:51

yes - atm. one day it will change. hence worth keeping an eye on imho

[pugugly] 11/4/2023 06:32

Trying hard but Macro economics not in their favour. (imo)

[terminator101] 11/4/2023 06:23

I love that 3 of the priorities for 2023 are to secure more funding. ;-)

[amelio] 05/4/2023 20:05

Time to pick up more from the bottom :-)

Easy trade from here.

[simonjamerson] 05/4/2023 17:17

I already bought more today

[ozzywalker] 05/4/2023 11:50

Why not today?

[simonjamerson] 05/4/2023 10:43

I’m buying more tomorrow

[ozzywalker] 05/4/2023 07:26

I'm buying more today

[blue59] 04/4/2023 15:42

Smoke and mirrors abound!!

[odillon] 04/4/2023 13:32

Here is a link to significant shareholders on 17 March 2023

(scroll down a bit for it)

www.woodbois.com/investors/

[odillon] 04/4/2023 13:27

Some large trades today showing as buys. If they are buys and it is all the same buyer then the buyer may appear in the big shareholders list soon.

Unless it is more selling down?

[tenpercent] 31/3/2023 12:29

Looks like a double bottom formation on the chart. I bloody well hope.so.

[tomboyb] 31/3/2023 11:09

turning - ?

[ridingthewaves1] 31/3/2023 10:44

All pumper gone

[blue59] 31/3/2023 08:56

just been quoted 1.0475 to sell 1000000 shares

[horneblower] 27/3/2023 19:14

The chart suggests the bottom is a long way off...It's been saying that for a while.
For a less catastrophic investment you might look at JNEO or BIRD.