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Ainsworth Lumber Co Ltd ANSBF



GREY:ANSBF - Post by User

Comment by mapmakeron Feb 28, 2013 10:56am
156 Views
Post# 21055246

RE: RE: High volume trades

RE: RE: High volume trades

they have the conference call right after the reults.

The results will be out end of the day on the 7th and then the conference call on the 8th. Thats the way it usually happens.

I wouldnt get too excited though. Q4 will be close to Q3 for numbers plus with the rights offering, it may not look that amazing.

benchmark for q3 was $312, q4 will be ~$333. The big step up will be q1 2013 which is siting right now at $408.

I dont believe this will go to the moon overnight but it will just follow the osb trend (which it hasnt been).

Using the chart as a guideline, ANS should be at $3.60 using current OSB pricing. I'm not sure what it holding it back but maybe we will find out in a week.

 

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