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Bullboard - Stock Discussion Forum Ainsworth Lumber Co Ltd ANSBF

GREY:ANSBF - Post Discussion

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Post by mapmaker on Dec 06, 2012 11:28pm

ans

ahh- you guys are all talking pennies.  your not in the big leagues so why try to act like you are. Brookfield is not going to buy ANS. They are an asset company. Wait till next quarter and you'll see ANS in profit again with lower debt. The rights and extra shares just brings all those penny chasers into the game and the stock flucuates for a while. Don't get caught though, because this stock in going explode soon or later. Pretty soon they are going to be debt free and making money hand over fist (circa 2 years)
Comment by twm123 on Dec 07, 2012 3:05pm
With the new found dilution of ANS shares and expected explosion you speak of, where do you see ANS trading eventually?  You think it can break 3.5 or 4 per?  Curious for your opinion as i am everyones who seems knowledgeable.  thanks
Comment by mapmaker on Dec 07, 2012 3:24pm
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 ...more  
Comment by estebancaballo on Dec 07, 2012 3:35pm
They have been burdened with huge debt loads in the past, even after their restructuring, don't you think that this move to pay off their debt and rewrite existing debt contracts will benefit this stock and give it more cash to grow? They should be taking over borderline mills imho and gearing them up for the coming shortage of lumber......
Comment by louel on Dec 07, 2012 3:52pm
They have already done that with the purchase of the only 11 year old Footner plant in High Level. They are well positioned to meet future demand increases. I have also traded Ainsworth over the years and like Mapmaker I think there is plenty of upside here. https://www.ainsworthengineered.com/about-Ainsworth/operations/
Comment by twm123 on Dec 07, 2012 3:57pm
Ya thats what actually got me onto ANS first, i live in a new area and every one has "Ainsworth Engineered" plastic wrap everywhere.  Plus i wanted to touch what i thought woudl be a good rebound stock with the depression of the american housing market, and the fact that ANS deals with Asia a lot.  $12 per share eh... wow that would be a nice pay day.  Good point on ...more  
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