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Ainsworth Lumber Co Ltd ANSBF



GREY:ANSBF - Post by User

Comment by mapmakeron Dec 07, 2012 3:24pm
105 Views
Post# 20700372

RE: RE: ans

RE: RE: ans

ANS is a boom or bust company. They primarily ride on OSB prices. Financially they are not the smartest company around but they make a great product and people want it. Break $3.5-4? not a problem. I actually think they are going to hit $12 in two more years if things stay how they are now. Brookfield owns 55% of the shares and they arent trading them, so the float is low. Can ANS go back to $0.70c? yep easily. ANS will keep producing OSB even if they are losing money because they arent diversified. This is my experience with my 10 years of trading ANS. I lost a bit with ANS, but i also made a mint with ANS.

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