Member Info for dactions

Today Woodbois published its annual Integrated report of the business - in this case for 2021. I appreciate we're halfway through 2022 but I believe they see it as a discipline to cover areas of reporting, including social, beyond the financial that we would normally see at AGM times etc. You get a good sense from reading it of what they are trying to do in their African communities to provide support. Page 60 talks about the Carbon Credits market and the significant store of value they as a company are aiming for in their first reforestation project.

https://www.woodbois.com/2021-integrated-report/?utm_campaign=IR21072022&utm_medium=email&utm_source=newsletter

Yes Palmsairport - my read of the Amazon site is that they've sold 2 x Intolerances and 1 x Weight Management - the other 2 none. I'm assuming that the stock level for all 4 products was set at 10 at the outset and if so, there's nothing to write home about yet !

The marketing email I received from MHC last Sunday headed: "Brand new DNA wellness tests - discover more about your health with a simple cheek swab", was for sales from their own website - nothing to do with Amazon so I'm wondering how they're going to promote sales - seems a bit disjointed at the moment as I haven't seen any newspaper publicity to support sales ?

I'm a long-term holder in WoodBois - have been for years and remain very bullish but cannot in all honesty tell you when the sp will break out. Repeating myself from an earlier thread :
"Since the Spring ramping there has been much greater interest in trading WBI shares - even today with a seeming sullen stockmarket, there is still much trading going on in WBI long after the ramping - and that activity is no bad thing really. The underlying business is clearly profitable - the management is exceedingly quick in delivering trading results - current staff are excelling themselves and Gabon has become a relatively stable country politically. Sooner or later, on current economic trends in their lumbar market, a slowly improving freight market, the company shares will get re-rated significantly upwards. It's difficult to give a timeline, in view of the impact from Russia's aggression affecting the markets in so many ways, but it will happen and so I will hold on to my shares."

We've seen various contributors from Motley Fool this year promoting the share but always finishing up that it's too risky. Now for the first time - one of their writer's is positive. Make of it what you will - but I'm still a LTH.

https://www.fool.co.uk/2022/07/25/is-the-woodbois-share-price-a-steal-at-under-5p/

Good luck all.

I agree Palmsairport - I find it surprising that the obvious route via Boots and Lloyds (or even just one of them) hasn't been agreed. Unless the margin cut required is too deep but I don't have experience as to what percentage cut Amazon takes - does any one ?

Yes - I saw the WoodBois tweet Jay1987 - thanks for bringing it to the board. I think it is fantastic news for Gabon which will permeate down to WBI.

It is only through the efforts of prominent individuals such as Jeff Bezos, Mark Carney etc who recognise that there is needed a formal structure to be established for western economies to pay carbon capture countries a realistic sum for their rain-forests. Otherwise, the danger will be that such wonderful carbon sink assets will be lost if those host countries chase economic profits just like western industry is doing.

Carbon credits market is effectively the only way the world can work together to ensure fairness of effort. From this step now being established, one can see how this opens up the big potential for WoodBois itself to benefit - true it won't be from the existing acreage - that will accrue to Gabon as Jeff Bezos is showing the way. But it most certainly will be from new acreage that WBI is intending to do.

I have come to understand and accept that WBI enjoys a good relationship with the Gabonese government - they worked as a team at last November's COP conference and Gabon government recognises it is industries like WBI that are essential to bring the much needed work opportunities for it's massive young population.

The twitter article says this:
"It also would generate new jobs linked to forestry management and domestic furniture making — all potential pathways for an overwhelmingly young population that will get out of school and need work."

This formalising of a structure to Carbon Credits - something which didn't exist before means money for doing nothing - or rather managing the forest - something WBI is showing how it can do that and at the same time make good profits for itself and more and more jobs for the country's aspiring workforce.

Sooner or later the stockmarket is going to recognise there's a lot more value in WoodBois than is currently being recognised. The Bezos visit is pointing the way.
GLA to long-term holders.

I’ve been critical of the management but at least today I received an email on the wellness products bring the range to my attention headed:

“Brand new DNA tests - discover more about your health with a simple cheek swab”

Help unlock a better you with our brand new range of health and wellbeing tests. The prices are all £54 and in my opinion is a good and informative email.

I think 'Red Flag' Axe-Capital is too strong a summary but I concede the presentation leaves many questions unanswered.

At 24mins in the slide with SNG001 shown as awaiting TLR (top line results) of which there are 5 shown - Stacey Adams does say there are 5 still in testing (I think the words used) - but you have to wonder why that is so after all this time.

I'd like to assume that Synairgen are asking Stacey this question themselves - don't you ? GLA

Since the Spring ramping there has been much greater interest in trading WBI shares - even today with a seeming sullen stockmarket, there is still much trading going on in WBI long after the ramping - and that activity is no bad thing really.

The underlying business is clearly profitable - the management is exceedingly quick in delivering trading results - current staff are excelling themselves and Gabon has become a relatively stable country politically. Sooner or later, on current economic trends in their lumbar market, a slowly improving freight market, the company shares will get re-rated significantly upwards. It's difficult to give a timeline, in view of the impact from Russia's aggression affecting the markets in so many ways, but it will happen and so I will hold on to my shares.

GLA

We seem to have attracted traders to MHC - there have been opportunities to jump in and out - but only in smaller sizes 100k etc. I was right in my initial assessment that the RNS was not positive in my opinion despite very much wishing otherwise.

Existing shareholders are not really being considered and I suspect Mercia will be disappointed too. MHC are dragging their feet when it comes to the new products and the talk of even more new ones by H1 next year could, given the experience we've seen so far and the sketchy details, be a full year away.

Don't you get that feeling some of the 'oomph' has gone out of management ?

Report is not as positive as I had hoped for - why do we now learn that they intend to use Amazon - what’s gone wrong with Boots and Lloyds ? What about their massive covid customers database ?

I think it may be a little longer before we get shareprice lift-off.

Lucky to minimise the loss frankly - as the spread on MHC doesn't favour trading this share.

Correction:
"Ahead of this launch [sic, the wellness tests], trading in the first six months of the current year has been stronger than expected and is ahead of budget. A more comprehensive trading update for the six months ended 30 June 2022 will be provided in mid-July." So the Chairman reported in his AGM report end June.

Can we expect it early next week ?
I do hope so as the TrustPilot reviews have been minimal since mid June and there has only been the one 'wellness' review to date and none of us can know how well MHC are doing - although the uplift in share trades recently suggests someone(s) does ?!?

"Ahead of this launch [sic, the wellness tests], trading in the first six months of the current year has been stronger than expected and is ahead of budget. A more comprehensive trading update for the six months ended 30 June 2022 will be provided in mid-July."

Can we expect it early next week ?
I do hope so as the TrustPilot reviews have been minimal since mid June and there has only been the one 'wellness' review to date and none of us can know how well they are doing.

So the Chairman reported in the AGM report end June

"let no good deed go unpunished"

. . . was that a quote by Oscar Wilde ? Or has it always been the case to lash out to those that help ?

Tattyhead - you were sweetness and light before the Phase III announcement and now full of bile with every post. I understand your frustration but scores of us have lost equally vast sums of money - it's time to either move on or keep quiet. Your venom should have been directed at the AGM in person - not to the messengers who did so in your absence.

They say you shouldn't 'throw good money after bad' but:
(1) given the size of the Poly holding,
(2) the data showing some positives as far as preventing death,
(3) the good vibes from fellow board members who did attend the AGM,
I've added to bring my average down and have accepted this as a long term investment.
GLA

Reg21510 - not shafted ?

How can you say that Reg unless you're a recent holder ?

I'm not implying LO were responsible but anyone that's been in this for 4 years or more as I have, will know that Coro or rather Saffron Energy that held the Italian assets and then sold them off will have watched as management moved assets in & out - like 'smoke & mirrors', changed the name, changed the management, moved out assets. Then the sp had been around 4 - 7p and now it's just a minuscule fraction. I had hoped that Lombard Odier's holding would have held management's feet to the fire but obviously not - and now they're out.

Price Monitoring Extensions - end of day RNS

Declared share deals done today were absolutely miniscule - so what gives with the Price Monitoring Extensions this evening ? Are we going to see one or more large trades published after hours or declared tomorrow ?

There were hefty disposals yesterday - which were late reported and I wondered whether we'd hear anything - and now it's been confirmed Lombard Odier have substantially reduced their holding from 9.2% to 2.9% at which level we shan't hear any more of further disposals.

It's been mentioned elsewhere that the Italian assets alone should now be worth so much more on the balance sheet - after all they were Coro's main assets when the sp was around 4p - sometimes AIM stocks are so less than fair to their shareholders. That's putting it very mildly - in Coro's case AIM shareholders have been shafted ?!?

Great results today from WoodBois - and quickly produced as expected too. If only other AIM stocks were so quick.

The veneer production is markedly up where they earn such high margins and the new line should be fully functional this month. If the expansion continues to go to plan, then the overall profit figures should be even better next time of reporting.

Thank you Smudge99 - quite a remarkable link you've found for us with them talking so candidly about their investment in MHC. The colleague talking was a bit taken aback when asked to talk on their investment in MHC and although he seemed a little unsure about the subject, I don't interpret it as negative and that Mercia will be exiting their investment soon - on the contrary, I take comfort from the comments.

I wish I'd seen it before this evening (Friday) as I would have added today based on this.
Something to watch next week.
GLA.

Thanks milktrayman69 - interesting link - which then linked to women's lack of sex desire in Egypt where an antidepressant called 'flibanserin' was a popular buy by the men for their partners. Re. your point about Turkey, you can go to Amsterdam where a whole lot of other products find a ready market by young and old people alike looking for something extra.

We know from the 1000 particpants Phase III trial that eroxon works and the recent UK/EU contract with Coopers was only signed after they checked it out in their own trial - so I keep asking myself why, why, why the continuous wait to get this on the shelves of Boots/Lloyds Pharmacy/Superdrug etc ?