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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

Comment by JayBankson Mar 21, 2022 10:18am
147 Views
Post# 34531074

RE:RE:RE:RE:RE:RE:Results Out

RE:RE:RE:RE:RE:RE:Results Out

LoL with what money?

They have a market cap of 11.4 million, they generated 218,000 in profits last quarter, they are paying us out about 180,000 of those that and while paying down a debt...

This company is rather small, I think I seen something like 20-30 employees somewhere.

And if they are buying back shares it would be more likely they take themselves private. A company this small is more likely issue shares than buy back.

It's a good idea for a larger company but unlikely here for a long time. And I kinda like it low, I see how much money they bring in and after they pay off the debt and get back to 100% I could see them pulling in 8-10 cents in profits and maybe paying out 6-8 cents yearly and hopefully expanding to grow further. As great as that sounds, the major risk is a small unexpected factor can kill them...

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