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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 28, 2022 7:11pm
116 Views
Post# 34553753

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

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

scarface9 wrote: You've touched on a concern I have. If someone decided to take them out at this low price I lose even with whatever premium would be offered. I'm down 50% based on today's price, very unlikely they'd get a premium like that.
I don't think they're about to be taken out, but the lower the price drops could increase the risk of an opportunistic bid.

Have you ever looked at GH? I used to own them years ago. They just reinstated a dividend. Haven't made a decision yet, still have others on my list, but always interested in other opinions.

 

Sorry for a delay, I forgot to bounce in here.

I don't know much about GH or the tech, gaming or gambling sectors so I'm not a good/credible opinion on this, the divided yeild looks interesting and I see why it would show up on the radar, but it's paying less than before but it's heading towards a higher SP, I don't know why and but that raises red flags, also the fact its dividends they have been lowered before. Seems like a yeild trap to a degree, but there might be a reason it looks like this as I've only done a 2 minute surface scan... If it makes a final investment decision you should look deep into it and its high risk and possible high reward.

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