Member Info for Moneysponge

What JZ forgets to mention is that he constantly trolls WBI so is now getting a taste
of his own medicine
He moans that the price slides there even though it is wel documented that 2 distressed sellers have done this and they are out now
Yet doesnt moan that VLS is all sells
Nothing I have posted here is untrue so bear that in mind even if you dont like what i have posted dont dismiss it
One last chance to stop being a n0b on WBI Jzchat before I proper dive deep here and pull this lifestyle company to pieces

Looking at the VLS chart over anytime frame
The overwhelming colour is RED
Sell volume on 6th April should of been the signal to sell here
Stock trading well below the 200DMA and in a clear bear trend
I don;t think it will be long before the all time low at 0.9p is tested here looking at it
Considering all the supposed promise here the selling seems to be relentless
Just hope nobody has anything more than punt money here

If this is such a great opportunity
why do the directors hold so little stock
Surely they should be filling there boots at these levels
Why has SP done nothing here in years Jzchat

Is thi sjust another AIM lifestyle company existing by keeping the golden reward forever just out of reach
Seems like it to me

So with hydrogen planes taking SAF market share
Competitors such as Fulcrum taking market share
Existing refinerys such as Phillips66 building a SAF plant in Velocys own backyard
Velocys having no experience developing project at this scale
And the market cap being a hefty 50m
This is looking like it could be a great short

In the past 19 trading days alone
Since placing shares went live on 17th
£5m worth of shares have traded hands at an average of 1p (see investing.com for detail).
The share price on the 17th was 1.15p & today it is 1.05p
Not much of a drop given FIVE. MILLION. POUNDS. has been traded
Retail haven't bought them so who has?

There have been plenty of big buys but the derampers here ignore them. Anway time to do some more research on boohoo and velocys, 2 absolute dogs of shares if I have ever seen them

Yes hydrogen planes that dont need SAF
https://www.euronews.com/next/2023/03/13/successful-test-flight-of-hydrogen-powered-plane-gives-sustainable-aviation-a-lift

And your not invested in WBI but troll it continuous

There wont be 5 SAF plants
Its another pipedream from the UK Government
One or 2 maybe
But bulk of SAF will come from existing refineries and imports
Then we will see huge increase in hydrogen planes

WBI on the other hand, afforestation, sustainable timber and carbon credits... Now that is a business that has a future

If you dont want me on here slating this company I suggest you stop with your nonsense at WBI Jzchat where you dont have a clue

Good day to you

The UK has aims for all sorts of things
Northern powerhouse
HS2
Nuclear power
it either doesnt get off the ground or takes decades

SAF can be produced by modification of current refineries like Phillips have done in South Kilingholme
They have all the employee skills infrastructure and even carbon capture systems
VLS site in Immingham will never happen
VLS ought to stick to building an supplying FT reactors
But obviously there valuation would need to plummet accordingly from current one of over 50m

This is a strong sell for me

I looked a bit more ito ths and the local refinery
Owned by Phillips
Have recently brought online a SAF plant
The refinery next door are also doing the same
They are supplying the london airports with SAF via a underground pipeline
Carnt see them giving any market share to VLS

And do VLS have any actual experience building anything on the scale planned?
Seems like a lifestyle company to me
Relying on handouts

Dip brought up once again
Wont be long before we see more TR1's here IMO

haha Southcoastbather AKA T4G..

Have a weekend mate ffs

LOL
Spending it trolling a company he aint interested in so sad
His pathetic life has come to this due to his huge losses at boohoo
He now knows no different
Mate people here like me have such alow average and such a small amount invested out our current portfolios nothing you say is going to make ANY difference
Whereas if a few of us go over to the boohoo share where he is heaviy underwater and significantly overexposed I bet he'd have a breakdown
Amusing
WBI is growing at double digits
Boohoo is declining at double digits

WBI might have been historically loss making but company are cashflow positive this year
They have hit taht magic inflexion point so no better time to invest
Most if not all companies on AIM list for the liquidity so what if these have had multiple raises, its par for the course on AIM
But these have just had one and current price is below that so another great time to invest
Boohoo need about 200m raised this year uh oh..
No wonder Silly little southcoastbather is projecting so hard.
he's miserable due to his failed boohoo investment lol

Peoplepower
that is correct broker target is 200% above current price
There are also net assets on the balance sheet worth 9p a share
Current price just 1.1p
Its been forced down due to x2 huge holders in distress needing to sell but they are now out
and as you can see the SP has started to bounce with strong recovery anticipated

Unlike boohoo which is overvalued and actually seeing double digit revenue declines WBI is undervalued and growing revenues and margins
Afforestation, sustainable timber and carbon credits is a mega hot sector likely to get a lot of positive attention in the years ahead
unlike fast fashion
check it out mate, worth doing some DD on them
No point waiting round here this will never see the highs again and if Matt Earl is right then there's a hefty fundraise coming this year here.

lol
I hadn't even heard of the company until the Q4 trading update RNS came out Southcoastbather so impossible for me to have brought anything in the 2's or 3's.
I brought for a trade at 1.6ish but quickly sold as wasnt working out
Brought back again at 1.2pish and averaged down with conviction at 0.9p giving me an average of 1.1p
Belive it or not I dont really care but if you actually track my posting history it tallies up
I have a lot of knowledge because I read in depth and understand quickly
It is why I have been able to decimate boohoo completely with limited research
Now then old chap, what is your average there??? lmao
Trrible investor
& even worse deramper

Why have fulcrum been given government money but VLS haven't?
Given the advancement in hydrogen planes does SAF even have a future anyway?
I saw Shell pulled out of there agreement with VLS not so long ago, hardly a good sign.

Jzchat thanks for trolling WBI, i checked your profile which led me to VLS. Looks like it could be a great short this one, especially given the impending requirement for a hefty and heavily discounted cash raise

Silly little Southcoastbather (AKA T4G)
I understand your lack of investing knowledge has cripplied you over at boohoo were you
brought in to high
averaged down multiple times thinking youd brought the bottom
Now sat overexposed and heavily under water having sleepless nights
But your ignorance and desire to be right rather then rich will be the undoing of you.

Here is financial performance for WBI for last few years, the direction of travel is obvious to even Stevie wonder:
EBITDAS
2017 -5m
2018 -3.3m
2019 -2.8m
2020 -1.5m
2021 +1m
2022 + 3m with 90k of gross profit
2023 unsure of EBITDAS at this stage but it is expected to be up from 2022, so is gross profit and the company are saying they will have +ve operational cash flow

We already know revenues and margins are UP on last years figures and we know theres no sawmill shutdown in 2023, as that hit was taken in 2022.
+ New veneer line has been comissioned
+ We know further efficiency and cost reduction measures to allow for additional, profitable growth are planned, including some reconfiguring of production lines this year
+ we are launching carbon credit business
+FSC certification is 2/3rd's complete, to be finished within the next 12m
+ the sustainable timber market is growing massively
+ shipping costs are down massively from the peak
+ lumbar prices are rising well off the bottoms now

So with all the above known as fact, I sleep very well here desipte yu chipping in with nothing constructive at all. your not even good at deramping mate, you just look backwards and repate yourself over and over

I thought you did look backwards mate?
Cant win really can I.
You just have a downer on this stock so nothing I will say will change your mind so either sell your shares or short it if you have the nuts if you believe what your saying.
I believe what am saying hence why ive bought recently with a nice aveage now at 1.1p.

Silly little Southcoastbather
I understand your lack of investing knowledge has cripplied you over at boohoo were you
brought in to high
averaged down multiple times thinking youd brought the bottom
Now sat overexposed and heavily under water having sleepless nights
But your ignorance and desire to be right rather then rich will be the undoing of you.

Here is financial performance for WBI for last few years, the direction of travel is obvious to even Stevie wonder:
EBITDAS
2017 -5m
2018 -3.3m
2019 -2.8m
2020 -1.5m
2021 +1m
2022 + 3m with 90k of gross profit
2023 unsure of EBITDAS at this stage but it is expected to be up from 2022, so is gross profit and the company are saying they will have +ve operational cash flow

We already know revenues and margins are UP on last years figures and we know theres no sawmill shutdown in 2023, as that hit was taken in 2022.
+ New veneer line has been comissioned
+ We know further efficiency and cost reduction measures to allow for additional, profitable growth are planned, including some reconfiguring of production lines this year
+ we are launching carbon credit business
+FSC certification is 2/3rd's complete, to be finished within the next 12m
+ the sustainable timber market is growing massively
+ shipping costs are down massively from the peak
+ lumbar prices are rising well off the bottoms now

So with all the above known as fact, I sleep very well here desipte yu chipping in with nothing constructive at all. your not even good at deramping mate, you just look backwards and repate yourself over and over

Silly little southcoastbather
1. the market looks forward not backwards so try valuing is on a forward basis ;-)
2. Free cashflow is actually the most important metric for a company, not gross profit
3. There was 3m invested in WBI recently at 1.2p and buying has been strong since the initial update and drop
4. You are invested/overexposed in boohoo mate and have held it and been buying all the way down, you are in no position to be giving advice on investing lmao
Thanks for your pointless views on WBI, I have been sure to do some more research into boo and post there for you. enjoy X

Been delving bit deeper here and the more you scratch the surface the more and more problems there are

Boo recently increased its hold inREVB from just under 13% to 26.4654% even though thre shares are SUSPENDED
Their suspende because of a huge fraudulent accounting black hole which they carnt even quantify

Shouldnt be suprised given MK brought millions of £ worth of shares PA when the company IPO’s at 160p in '21.
MK first brought after the boo first admitted the black hole existed and said results would be delayed.
Two days after it announced that on August 17, REVB warned that its shares would be suspended on September 1 as it would be unable to get its numbers out on time.

Since then the founder and CEO has been RESIGNED - huge red flag
& REVB still has no idea how big the black hole is
Or when it will be able to say how big it is.
Institutions are not waiting. Jupiter sold its remaining shares to Boohoo and Chrysalis which had already written down its shares to zero pocketed an unexpected £5 million thanks to Boohoo.
Thanks shareholders

Boohoo says Revolution is a trusted trading partner. That may be the case. But with a black hole of unknown size that will need plugging at some point, Boohoo may will need to chuck much more the way of Revolution to ensure its own survival. Given its own cash position is not great – ***Matt Earl reckons it will have to raise £200 million in 2023 to ensure its own survival* **

Surely even the most hardened boohoo fanatic Southcoastbather (aka T4G) one must surely question Kamanis thought process and motivaion??.

If Boohoo wanted to build a stake so desprately why not wait until the size of the fraud is known by cornerstoning the rescue fund raise??
It does not look like any IIs want to be involved so there will be plenty of stock going cheap then. In fact Boohoo could have been in quite a commanding position if MK hadnt been so impulsive

Just from a corporate governance perspective, for Boohoo, with its own worries, to be chucking cash at a company where the original investor was Kamani himself, looks questionable at best

The chart still looks like 22p will hit to me and at a market cap of over 600mil for a loss-making business seing double digit revenue declines, negative free cashflow, growing comp from likes of shein & potential placing on the horizon I see no reason to be rushing out to buy these shares. Its more of a short than anything

poor share price performance!!!!!!

AFC has a market capitalization of 150m pounds

based on last know revenues of less than 600k (None of that was for sales and half of it wasnt even cash)

I would say the share price performance has been amazing to be fair

Theirs a lot of problems with AFC but the share price performance isnt one of them. ADAM is great at hipping up investors i will give him that.
Perhaps he does deserve his 800k+ package after all