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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 MadCan24on Feb 22, 2023 10:34pm
177 Views
Post# 35299892

RE:RE:RE:Tiny loss

RE:RE:RE:Tiny loss

I would say that they said too many things in that one sentence.

The decrease in sales and profits were directly related to the acute shortage of production staff and weather and machine related downtime. These results show shipped orders. Booked unshipped orders amounted to $1.3 million at the end of this quarter.

I think its not the weather but staff shortage attributing to the downtime.  I still think this drop ia due to stop losses triggering or an over reaction. The stock.ia cheap to load more. That dividend suspension is for sure a slap in the face, given the fact that we don't know for how long.

 

 

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