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Ainsworth Lumber Co Ltd ANSBF



GREY:ANSBF - Post by User

Comment by fibonnacion Mar 19, 2013 3:37pm
276 Views
Post# 21151686

RE: What are price possibilities

RE: What are price possibilities

you are preaching to the choir..... i agree with you 100%

 

its rediculous how people have come on here and talked about valuation of ainsworth and then mention other wood/osb stocks, like their stuff dont stink too!!! lol

 

regardless of the name, every single wood/lumber/osb took it in the buttt from early 2000s till now, whether it was reverse splits, share issuance, closings, inadequate capital investment for future growth, ect.... they are all equal imho and should be judged as such and that is why ainsworth looks cheap now as it has not even doubled since 2010 while peers have gone 2-3-4x or more!

 

the best proof however of how cheap answorth shares are is seen in the short term trend... the stock cannot sell off at all even in light of the cypress mess.... the buying pressure on the stock is very high, could very easily close at a multi year high today

 

glta

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