Conifex Timber Inc CFXTF

when does q2 2021 drop?

[PapaJay10000000]

When does Q2 2021 drop?

I'm expecting big things here. This stock is still WAY undervalued. I think the drastic rise in lumber prices at the end of COVID actually did this company a disservice on stock price because of the perception that their value was inflated based on prices (which it was not.)

Still holding onto the hopes that Canfor buy's 'em out at $8/share.

[2young2invest]

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

[dosperros]

Well, that's good detail and solid effort. I'd comment on a few assumptions that don't hold up however: 1) Doman and co fleeced the dude driving that clown car also known as RYAM. Paul Boyton is a legendary buffoon. He should have decoupled the single newsprint mill as that was the albatross. There was zero need to sell those assets at 1/3 replacement value. That's what Dunkley

[2young2invest]

Considering the stock and lumber prices, it might be good time for speculative buy. Stock price won't drop to zero because of power plant, but still lots of uncertinties in Canadian lumber, CFP is even curtailing production in BC. Will be interesting to see their Q2 results and outlook.