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Westbond Enterprises Corp V.WBE

Alternate Symbol(s):  WBNEF

WestBond Enterprises Corporation is a Canada-based paper manufacturer and converter that manufactures disposable paper products for various market segments. The Company operates through its wholly owned subsidiary, WestBond Industries Inc. The Company's away from home products include high sheet count tissue, household bathroom tissue, bathroom tissue jumbo roll, coreless tissue, center feed towels and airlaid center feed towels. Its clinical disposable paper products include examination table paper, chiropractic rolls, examination drapes, waterproof sheets, pillowcases and examination gowns, and ultrasound towels and wipers. Its long term care products include airlaid patient wipes and waterproof underlays. Its hospitality and tabletop paper products include airlaid napkins, guest towels, airlaid kitchen roll towels and disposable bar towels. Its disinfectant product includes disinfectant wipes and disinfectant sprays. The airlaid parent rolls include Airlaid rolls for converters.


TSXV:WBE - Post by User

Post by laurencelefouon Aug 17, 2021 7:21am
353 Views
Post# 33715696

WBE Board of Directors got it wrong

WBE Board of Directors got it wrongLess than one year ago, the Board of Directors decided to resume a quarterly dividend.  Yesterday the Board decided to temporarily suspend the dividend.  It would appear that Board members have a poor outlook of WBE future sales.   Wet wipes sales were a major disappointment.
 
I clearly was too optimistic in my outlook.  Before the end of the week.  I will come back with a more detailed analyst of the latest quarterly report.

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