Conifex Timber Inc CFXTF

Primary Symbol: T.CFF

Forest Products Lumber & Wood Production

Conifex Timber Inc. is a Canada-based forest products company, which operates fiber baskets in North America, northern British Columbia. The Company produces lumber products and renewable energy from its sawmill and bioenergy plant in Mackenzie, British Columbia. Its lumber products are sold in the United States, Canadian and Japanese markets. It also produces bioenergy at its power generation facility at Mackenzie, British Columbia. Its lumber products include J-GRADE, 2 AND BETTER, SELECT, STUDS, ECONOMY and 3. The Company operates a two-line sawmill in Mackenzie, British Columbia (the Mackenzie Mill). Its Mackenzie Mill has approximately 240 million board feet of annual lumber capacity on a two-shift basis. It operates a 36-megawatt biomass power generation plant in Mackenzie, British Columbia (the Power Plant), located at the site of its Mackenzie Mill. Its Power Plant's output capacity is in excess of 230 gigawatt hours (GWh) of electricity per year.

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Conifex Timber Inc > when does q2 2021 drop?

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Comment by 2young2investon Jul 13, 2021 4:04pm

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Post# 33537038

RE:when does q2 2021 drop?

These wet dreams about $8//share, someone was predicting $5/share before.
The lower the lumber prices, the higher the value of the company?

Guys from GFP bought six mills at the top of lumber prices for US$185/MMfbm, what will translate to US$44M for Conifex, back in April, let's say it's C$44M now, considering that lumber prices are still falling.

Same for power plant 3xEBITDA (I might be off here, but this is what ATP was bought for) equals C$42M.
Total for eveyrthing is C$86M.
According to my napkin calculations CFF is overpriced right now.

The bigger problem is no lumber company wants to purchase a power plant and no energy company wants a lumber mill.
And Ken can't sell those two seperately, otherwise he would do it a long time ago.
And you can't replace Ken with decent CEO either, because who wants to be a CEO of one mill and one power plant in god knows where Mackenzie BC?

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