RE:RE:Quarterly is out
ElegantInvestor wrote:
Thanks JayBanks for the updates.
Question: When I looked at revenue segments it seems wet wipes was down significantly due to end of one-time contract. However, non-air laid wipes revenues sky rocketed where demand seems to revive. Is it like non-air laid wipes has lower sales or lower profit margins? Secondly what is the scope for growth for non-airlaid segment in future based on your analysis.
Are there any institutions or funds who have invested in WBE?
Thank you.
To be honest I don't have that much analysis on the actual buisness, I like that they are in the buisness of disposable paper products that are for the most part pretty environmentally friendly, and they have a some sticky sales in that they are involved with medical facility's and other places that are well funded with the products. I don't know what the potential the wipes have, I guess it's about how many comercial buisnesses they can get on board to buy thier products and create a network.
Because the stock is rather lightly followed and on the Venture, I doubt there is a bunch of Institutional interest, I'm sure there are select funds following and may have a small holding, they are likely most of the people making most of the price swings as they allocate and made predictions on the quartly, also likely responsible when the dip happened a little after the dividend suspension. Tho playful short term retail traders that play games like I do from time to time would have an interest too. I don't have a site that would tell me the ownership break down I'm sure so someone passing by can provide that, but I'm sure Management/employees owns a chunk, there will be a couple other fund managers that have a stable or starter positiion and the rest is likely retail.
Sorry I don't have too much deep dive info on them, I just found this name like late spring-early summer and jumped in a couple weeks before the last quarter's release as I liked the trends in financials and the dividend, unfortunately was surprised and disappointed about the dividend suspension as they seem to have the ability to fund it as much as before, but they seem to want to grow the buisness and expand a little more without adding substantially to the debt load, which makes sense to me.