EPISODE · Feb 6, 2026 · 54 MIN
Woodcats IPO: 90¢ to $2 in 12 Months?
from Limitless · host Matthew Preston & Thaon Simms
Woodcats International just became the first company to list on the Jamaica Stock Exchange in 2026. At 90 cents per share and a $750 million raise, Dr. Matthew Preston and Dr. Thaon Simms break down whether this manufacturer deserves a spot in your portfolio.The company manufactures wooden pallets for Jamaica's biggest exporters — Red Stripe, Wisynco, and Seprod. With a junior market tax break saving millions, Hurricane Melissa creating demand spikes, and NCB Capital buying a strategic stake, the setup looks compelling. But with 72% new viewers and liquidity concerns, Preston and Thaon debate whether this IPO deserves your cash.Chapters:00:00 First IPO of 2026 Announced01:54 What Does Woodcats Actually Do?06:39 The $750M Offer Breakdown09:31 Use of Proceeds: Equipment Upgrades12:23 Derriman's Role as Selling Shareholder15:02 Management's 3-5 Year Strategic Plan19:32 Revenue Breakdown: 97% Pallets25:05 The Hurricane Melissa Opportunity31:10 Hybrid Pallets and New Product Lines37:25 Historical Profitability and Dividend Policy42:16 Valuation: Fair at 90¢ or Overpriced?46:22 Preston's Take: Competing Priorities50:56 Thaon's Take: Simple Business Appeal52:44 Final Verdict: Are We Buying?🎧 Listen to more episodes: https://limitlesspodcast.buzzsprout.com🐥 Follow us on Twitter: https://twitter.com/Limitless_pod📷 Instagram: https://www.instagram.com/limitless_pod/💲 Get exclusive insights: https://bit.ly/Limitless-MMJA-Discount💝 Support the podcast: https://www.buzzsprout.com/1971039/support📧 Email us: [email protected]👍 If you enjoyed this episode, please like, subscribe, and share with someone researching JSE IPOs!❓ Are you applying for the Woodcats IPO? Drop your allocation strategy in the comments!⚠️ Disclaimer: The opinions expressed in this podcast are solely those of the hosts and do not constitute financial advice. We may own shares in any of the companies discussed on this podcast. Please consult a financial advisor before making any investment decisions.Send us Fan MailSupport the show
What this episode covers
Woodcats International just became the first company to list on the Jamaica Stock Exchange in 2026. At 90 cents per share and a $750 million raise, Dr. Matthew Preston and Dr. Thaon Simms break down whether this manufacturer deserves a spot in your portfolio. The company manufactures wooden pallets for Jamaica's biggest exporters — Red Stripe, Wisynco, and Seprod. With a junior market tax break saving millions, Hurricane Melissa creating demand spikes, and NCB Capital buying a strategic stak...
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Woodcats IPO: 90¢ to $2 in 12 Months?
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