Stockhouse.com uses cookies on this site. By continuing to use our service, you agree to our use of cookies. Cookies are used to offer you a better browsing experience and to analyze our traffic. We also use them to share usage information with our partners. See full details.
I Agree
×
Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Privacy Policy | Disclaimer

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Privacy Policy | Disclaimer
Please Try Again {{ error }}

Send my password

Return to Login
SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Westbond Enterprises Corp V.WBE

Alternate Symbol(s):  WBNEF

Forest Products Paper & Paper Products
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

Westbond Enterprises Corp
<< Previous
 Bullboard Posts
Next >>
User Avatar Image
(132)
•••
  • JayBanksX
Comment by JayBankson Feb 23, 2024 7:03pm
166 Views
Post# 35896680

RE:Profitability goes down the drain

RE:Profitability goes down the drain

MadCan24 wrote: Dont know what to say, seems like dead money to me. Loosing patience 

 

Read through the finer details...

- We had a loss of $51,800 on the bottom line overall for the quarter
- we have $380,500 more in Assets mostly under 'Receivables' and 'Inventory'... and we are caught up on the past backlog
- our Term loan on the last machine is paid off (the Revolving loan use is up, but I don't know if they used it at a lower rate to pay off the term loan or loaded up on buying resources)
- some options rolled up un-used

I think the company is doing fine, just need to let the story play out and get back to dividends hopefully in a year. Not gonna get rich and the red number is ugly, but it could turn around quick...

<< Previous
 Bullboard Posts
Next >>
Dealroom for high-potential pre-IPO opportunities