Member Info for Maffa

Strong buying volume. Ended on the day high. Seems obvious that more positive news is on the way. Today or tomorrow I suspect.

11 Nov 2024 07:00

RNS Number : 6457L

Woodbois Limited

11 November 2024

Came on board to sort the fundraising out. That is done, hence why he not required anymore. His payment £25k and £25k worth of shares for his services.

Paul Shackleton is an experienced London based corporate finance adviser who, since 1996, has specialised in both domestic and international AIM traded companies, including advising companies in the role of a Nominated Adviser. He brings a wealth of knowledge and experience, particularly in transactions, fund raising, Corporate Governance and Regulation. He is currently a Non-Executive Director of Rurelec Plc and GCM Resources PLC

SP is under that. In fairness - it is the here and now. Changes as in the RNS prior were expected and in all honesty needed. All time highs is irrelevant. It has been a catastrophic decline. Remember when it was 4.5 pence and spiked to nearly 9 pence. It is 0.044 pence underpinned with funding at 0.05 pence. Previous valuations and expectations - this ATH - it is what is does or not from here - short, medium, long term. Warrants at 0.12 pence. Believe last fund raising was at 0.22 pence. I am invested myself but recently. Do follow the Chat from time to time recent few weeks. We all have effectively the same SP to trade it is the upside and downside from these levels going forward that matters along with the change of leadership going forward

Because shares in circulation think 5.6 billion atm. Perhaps 0.3 ish perhaps.

And likely a large consolidation as it needs one afterwards b

Don't imagine anyone shorting this now or indeed prior.. Would have made a killing though! Indeed it was the selling from ALL stakeholders continously at whatever price they could get. relentlessly. Massive and multiple red flags. This is not investable - where is there any value in equity? The situation is even worse than I thought.

Obvious to me that those holding should have held yesterday and perhaps bought as it was likely to bounce back today. The MM took this up.. and not on anything but small volume in all honesty. They are likely to pump up the price as if WBI can issue shares below a penny following the upcoming meeting and copious amounts of stock it could be at around 0.2 perhaps. For the poster who thinks it will be back to 5 pence soon.. well it may be 50 pence but only with a massive consolidation following best scenario billions more shares issued at a much lower price than it currently is.

So at least 50 per cent profit to perhaps 100 per cent. Spread has been very narrow when SP sitting around 0.38 for a while when copious amounts of shares could have been bought. It has had its bounce at least. For those wanting 5 pence when first mentioned is around a 10 bagger. That is dreamland on an epic scale. Think of the 1.2 pence and then collapse. Assuming funding can be sorted WBI are in a very weak position. So the terms are likely to be highly diluative if they can be sought. In respect of the massive amount of shares in circulation - assuming WBI can continue there has to be a massive consolidation two zeros rather than one - but one zero and you may be back to 5 pence! - depending on the details of further dilution and at what level. So a possible pump before details of further dilution? - a natural bounce back as shares obviously overshoot both ways? Is there equity value in this stock? Will the debtors/bondholders take and sell the business on? This is really high risk. When the next RNS arrives. Followed since Obtala days and profited amazingly but always disappoint. WBI even more so except the bagger from the carbon credits ramp. Punt money only - GL all in this. BTW the £15k buys mentioned are punt money. Many retail investors put epic amounts multiples of that amount just before game over / money lost.

Maffa - I can see where you are coming from. All too late now. Why weren't you supporting the base rate to be 4% in 2014 when I thought it was time to get rid of all the emergency/communist support for those who had over-borrowed and who needed to face their losses, move out, take a haircut, and start again?
I never supported IR cuts and the devaluation of Sterling. Couple this with inflation eroding value even further of recent times.. and I am really far from content... Suspect there are many like myself who has more than most who has worked hard to accumulate over three decades posting on share boards from a virtual standing start ie very little. When you give money away - print it on an epic scale and make our currency as weak as it is now and make the currency at such low crazy base rates for such a long time. If my money was in US dollars I would be happy - it is not. I have held Lloyds shares many times since 2008. Not a shareholder for a fair amount of time. If I was add that to my frustration in UK plc.

Should have been 0.75 per cent rate hike and more aggressive hikes prior following the US. Fighting inflation and supporting Sterling valuation should be the main priority. Sunak would have been better as PM assuming he followed through on the main priorities. It is almost as if they want to trash the UK economy further. The mini budget - well the market is impressed....not. Money given away and printed in epic amounts particularly during Covid and interest rates should have never been so low for such a long time. It was obvious that when they rose from such a low base... Pain would ensue. FED are accepting this pain as a consequence UK plc should also. 4 per cent at least is where we should be. Not a good start that is for sure.

It would suit those with Sterling deposits. Know it is all relative but most that post on this board it would also be welcome. We were getting a pittence for our savings but with inflation in and around its 2 per cent target... Yes we were losing but not that much... It was tolerable and lasted so long... Expected and became the norm. With inflation ramping away as it has and expected for the future coupled with doom and gloom commentary to seemingly worsen going forward. It simply is intolerable. Fighting inflation and supporting our currency through interest rate rises should be number 1 priority. Not high cap energy levels. Losing in real terms of our wealth say 7 per cent per annum. 10 per cent inflation and perhaps 3 per cent interest. 3.5 is the top atm, many locked in bonds/isas around 1.5 per cent prior to this with penalty to exit if applicable. Far too much cheap money printed on an epic scale.. Far too low base rate for far too long. BoE 4 to 5 per cent historically. Bad economics IMO and UK not on its own either.

Price caps way above. I agree. BoE really does not help itself and our economy and support sterling. Most commentators seem to be running the UK economy down. Interest rates may likely see 0.5 per cent increase this month but should be 0.75 per cent and to send a message on what should have been caught up a full 1 per cent. US job figures increase were largely made up on US citizens getting 2nd jobs from what I can ascertain. Reserve currency of course USD but I believe it is overvalued. Fed fiscal tightening and hiking rates aggressively certainly working for their currency. Bailey et al needs to follow and catch up IMO, otherwise as news today sterling will be in the same sentence as the Yen regarding commentary of relative poor performance. I do think the energy cap is set too high.

Reserve currency the US Dollor of course but the Fed will likely keep raising the interest rates aggressively if only the BOE would mimic that and protect the value of Sterling from further falls. 5 per cent fall against the Dollar in one month! Far too much epic printing of money particularly during Covid and base rate far too low for far too long. If we are tipped into recession and lasting well over a year as they suggest then some pain it is and well overdue. Money far too cheap for too long. Battle inflation and protect the value of our currency. Little point in having money if its value keeps getting eroded away. Regardless of the effect on the US housing market, employment, cost of living, FED will keep hiking upwards. The lowest unemployment in the UK, stable but high housing market. BOE, US Banking Citi et al talking our economy down. Ridiculous inflation predictions. Bailey get with the US script and catch up and follow. Base rate should be around 4 per cent historically anyway.

Lloyds saving instant access 0.3 per cent below 25k 0.1 per cent. Chase 1.5 percent - not on its own Barclays et al as bad. Following my house sale my money is in Chase. Absolute no brainer high multiples more. Challenger Banks again multiples more than the traditional main banks. Need to get with the competition as must be losing money customers switching. Really good to the lending rate net intetest margin of course but why would anyone instant access 0.1 to 0.3 per cent over 25k keep their money in Lloyds and main UK banks?

My thoughts exactly... Sold my house earlier this year. Got more than I would have paid for it myself that's for sure. Crazy level of House prices.. Was going to buy in another area of the Country. Think I may leave it and see what happens to prices. Stay in family Static Caravan in the interim.

Share price performance seems to be behaving like it is expecting another RI. I am watching.. seems a bargain at this level. If this is avoided and an decent update would expect some decent northward movement even with the recent declines in the market. RR to go against the tide of seemingly declines mostly across the market. GL. Wouldn't ever go all in before any update personally. But perhaps fortune favours the brave

Markets are ridiculously toppy IMO. Considering the newsflow - war, inflation, massive asset bubbles and cost of living crisis that many are facing. Lloyds will of course be effected as markets look always forward 6 to 9 months in advance. For what it is worth for Lloyds holders IMO this is reasonable and fair share price and not so overvalued as a great many share valuations by the far the majority. Maybe the start of a correction and a real dose of reality for many shares in the months ahead. It is difficult to find any decent value in equities with the FTSE this high.

Hurr on watchlist - not invested. It does seem regardless pretty much it always goes down and sharply regardless of poo...ie company specific issues that are continually bad news - obviously Covid Economic issues In addition. At all time lows and apart from those who keep averaging down with ever increasing massive exposure praying for a Takeover ...which is usual tbh and understandable - remember CA and the involvement in Johnston Press where they could have really lost massive - lost big by selling a stake to the Viking....who lost all when the Bondholders took control and wiped out equity. Previous employer and I did profit when CA’s involvement entered the fray. CA’s investments (Some) have cost them dearly in recent years. What is CA’s total exposure in this stock and what small fraction of that has value at today’s SP. Thanks in advance

Does not seem at all since the March/April lows to take any account of the economic realities of CV19 - immune totally it seems - if blinkers and ear defenders on last few months only then would the US market make sense level of their markets Level. Know propping it up with huge printing money every few weeks it seems is propping up worldwide and developed markets in particular. Hedge against inflation ... I get it lowest returns ....negative returns on investment ...cash. Where does this end ....worked over 30 years ALWAYS paid in. Wish I was the Frank Gallagher 30 years free of bosses and regulation rather than the route I chose and ....it is what it is ....get on with it

Think many will at this juncture in all honesty - LT adding but more realistic others investing at around these levels myself included results in a few weeks. Under 30 decent price and I got around low 24 with and if lower more investment. Really bargain levels IMO. Lloyds will move up sharply to results and this time I think will be worth holding. FTSE 100 on sets driving price. Whatever influence anyone has on here is NADA. Higher or lower than this not far off all time lows that is the bet/investment. Large shorter documented on here will have to close and buy back - will they want to hold until results? Know more than the PI’s......GL holders. Watch and wait.....