Woodbois Share Discussion Threads

[terminator101] 19/4/2023 07:51

Oh dear, seems that sub 0.5p is coming quicker than predicted. Just waiting for the creepy stalking boiler room psychopaths to turn up an accuse me of talking it down after the news when I've been warning about this lifestyle pish for ages.

[bigboots] 19/4/2023 07:47

Where has the money gone from the recent raise.

Bet they knew about this, before they did the raise

STINKS !!!

[blue59] 14/4/2023 14:26

It has started!

[terminator101] 11/4/2023 23:39

Indeed time for a rerate. Rerate from £20 million mcap to under £10 IMO. Sub 0.5p coming.

[blue59] 11/4/2023 11:37

Well, its either going to be bust or a multi bagger. Place your bets!

[kaos3] 11/4/2023 10:52

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


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

[toolsmoker] 11/4/2023 10:48

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 10:23

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

[bigboots] 11/4/2023 09:34

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

[fenners66] 11/4/2023 09:30

"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 09:11

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 09:10

Apt description ShortCPX....

[shortcpx] 11/4/2023 08:11

TIMBERRRRR

[kaos3] 11/4/2023 07:51

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

[pugugly] 11/4/2023 07:32

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

[terminator101] 11/4/2023 07:23

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

[amelio] 05/4/2023 21:05

Time to pick up more from the bottom :-)

Easy trade from here.

[simonjamerson] 05/4/2023 18:17

I already bought more today

[ozzywalker] 05/4/2023 12:50

Why not today?