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Bullboard - Stock Discussion Forum 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... see more

Bullboard (TSXV:WBE)

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(9)
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  • MadCan24X
Post by MadCan24on Feb 23, 2024 6:36pm

Profitability goes down the drain

Dont know what to say, seems like dead money to me. Loosing patience 
Post by JayBankson Nov 23, 2023 4:25pm

Q3 Results

Things that jump out: - Back to profitability, infact this Qs profits make up for previous 2 Qs losses - Loan for previous machine payed off = no interest on it moving forward - Lossed a customer ...more  
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(16)
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  • scarface9X
Comment by scarface9on Nov 09, 2023 2:54pm

RE:RE:RE:RE:RE:RE:RE:Anybody thinking of a chance of dividend reinstatement?

They might as well take this company private. Waste of time listing with a $4 million market cap. They're not a growth story and they don't pay a dividend= dead money for investors.
Comment by Tslayeron Aug 24, 2023 6:40am

RE:RE:RE:RE:RE:RE:Anybody thinking of a chance of dividend reinstatement?

I doubt a dividend will be considered after yesterday's terrible financials. It will be under $0.20 when markets open. 
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(43)
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  • laurencelefouX
Comment by laurencelefouon Jul 09, 2023 8:20am

RE:RE:RE:RE:RE:Anybody thinking of a chance of dividend reinstatement?

Note 11 of the Consolidated Financial Statements states: at the expiration of the swap agreement, the balance of $535,700 is now converted into a term loan payable monthly until August 2023 at a fixed ...more  
Comment by JayBankson Jul 07, 2023 12:43am

RE:RE:RE:RE:Anybody thinking of a chance of dividend reinstatement?

Actually this is one of the better companies for sharing information I've ever tracked.. Check the MD&A (usually where good information like this can be found) Page 7, 2nd Paragraph... When ...more  
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(9)
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  • MadCan24X
Comment by MadCan24on Jul 06, 2023 10:15pm

RE:RE:RE:Anybody thinking of a chance of dividend reinstatement?

I read your detailed analysis on this from last year where you mentioned that there was a term loan that would be paid off by August of this year and after that this company will be debt free. Where ...more  
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(43)
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  • laurencelefouX
Comment by laurencelefouon Jul 06, 2023 2:03pm

RE:RE:Anybody thinking of a chance of dividend reinstatement?

May be in Q3 or Q4.  By Q3 the debt wiill be paid off.
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(16)
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  • scarface9X
Comment by scarface9on Jul 05, 2023 9:24pm

RE:Anybody thinking of a chance of dividend reinstatement?

Doesn't look like it. They just released their results are didn't have much to say.
Comment by JayBankson Jun 26, 2023 8:14pm

RE:Anybody thinking of a chance of dividend reinstatement?

I still carry the same opinion as previously discussed... Just sitting waiting on the quarterly news I expected last week to see if we have caught up on that backlog issue they reported last quarter. ...more  
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(9)
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  • MadCan24X
Post by MadCan24on Jun 26, 2023 4:24pm

Anybody thinking of a chance of dividend reinstatement?

This one seems to be a stable company and as per the last results releases informed that they are holding on to cash to reinvest in their business. Anybody thinking of a good EPS or dividend ...more  
Comment by JayBankson Feb 25, 2023 4:07am

RE:RE:RE:RE:Tiny loss

I've kinda been thinking things out a bit, This management team is pretty good, and they refer to the miss as unforfilled orders that they plan on catching up on... if and when they do, maybe ...more  
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(9)
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  • MadCan24X
Comment by MadCan24on Feb 22, 2023 10:34pm

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 ...more  
Comment by JayBankson Feb 22, 2023 8:09pm

RE:RE:Tiny loss

A world that likes to slap us in the face! This hurt, I'm down a large chunk but I thought we were gaining momentum. I don't quite understand how weather closes down a paper product making ...more  
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(26)
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  • winnerswingX
Comment by winnerswingon Feb 22, 2023 7:33pm

RE:Tiny loss

A 24% price drop for a tiny little loss and a temporary dividend pause? In what kind of world are we living?
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