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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

TSXV:WBE - Post Discussion

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Post by winnerswing on Feb 22, 2023 3:43pm

Tiny loss

No, no, no. Not a loss now...

It is not the time to have losing QTRS!
Comment by scarface9 on Feb 22, 2023 3:50pm
And they suspended the dividend again. 
Comment by winnerswing on Feb 22, 2023 7:33pm
A 24% price drop for a tiny little loss and a temporary dividend pause? In what kind of world are we living?
Comment by JayBanks on Feb 22, 2023 8:09pm
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 machine. I just worked at 2 different Paper products plants on construction of a new unit and a co-gen to put one of the grid. Unless weather caused the loss of power, paperplants dont stop. Not ...more  
Comment by MadCan24 on Feb 22, 2023 10:34pm
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. ...more  
Comment by JayBanks on Feb 25, 2023 4:07am
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 there is a chance they would 'catch up' on the dividend, like if we do regular buisness and catch-up the backlog, theoretically the next earnings might see us with a FCF of over .01 which maybe ...more  
Comment by PaperBoi222 on Feb 27, 2023 8:57pm
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