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Bullboard - Stock Discussion Forum Conifex Timber Inc T.CFF

Alternate Symbol(s):  CFXTF

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... see more

Bullboard (TSX:CFF)

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Comment by Laliberte2020on Aug 22, 2020 3:49pm

RE:New to CFF

Dont worry I bought way over 1.78 and managed to average down to about 1.90 and not planning to sell before we see at least 3.00 depending on the lumber market and the ability for the management to ...more  
Comment by ValueCapon Aug 22, 2020 12:26pm

RE:RE:New to CFF

Well said. That about sums it up 
Comment by Dustycarpeton Aug 21, 2020 8:40pm

RE:RE:New to CFF

Thanks Horseshoefalls - appreciate you taking the time to sketch out the history. I am going to be really interested to see what happens with this stock. Surprised to see stock prices for lumber ...more  
Comment by horseshoefallson Aug 21, 2020 7:56pm

RE:New to CFF

If the shrae price ends up at $3,00+  you're not going to care much about $1.78 purchase price. Short history lesoon. - Conifex decided to expand operations from two mills in Canada and add ...more  
Post by Dustycarpeton Aug 21, 2020 6:46pm

New to CFF

Hi everyone- new to CFF and lumber in general. Just hopped on the train a couple of days ago - timing wasn't great $1.78. Wondering what I have gotten myself into. Looking at the share price ...more  
Comment by dosperroson Aug 21, 2020 12:59pm

RE:Anyone know when the next board meeting is?

Oh they will but I beleive you can only buy back 5% of float annually with these.  So it's no silver bullet.  A div is the true key to this. As noted I expect about $20M in cash from ...more  
Comment by dosperroson Aug 21, 2020 12:57pm

RE:RE:Anyone know when the next board meeting is?

Good show, thanks.  I suspect he has to stay mums about it given it's being reserached now but you never know  he may have a good update. You're going to see some activity for sure. ...more  
Comment by dosperroson Aug 21, 2020 12:55pm

RE:RE:RE:RE:RE:RE:RE:RE:Big open on deck; $1.90 in sight in L2's

Well the short story is this is trading at 1.0x next 12 months EBITDA at these prices.  At a minimum we should be much higher, even a modest 5x recongizing this won't last forever.  5x ...more  
Post by ValueCapon Aug 21, 2020 12:49pm

Spot lumber 850, Futures curve insane

This week 85" Over 700 into January  Curve out until May 615.  And here you have a company trading at 0.6 of book value when its peers are >1.2 https://www.cmegroup.com ...more  
Comment by ValueCapon Aug 21, 2020 12:46pm

RE:Anyone know when the next board meeting is?

Great question. My guess was we wouldn't see any cash back until November until the Q3 print solidified the cash position. I'll send an email to Jordan and see.
Post by horseshoefallson Aug 21, 2020 12:34pm

Anyone know when the next board meeting is?

Would be nice to get some information on plans for the cash windfall.  Special dividend, NCIB?  Hopefully they don't implement the NCIB and start buying at $3 
Comment by horseshoefallson Aug 21, 2020 12:06pm

RE:RE:RE:RE:RE:RE:RE:Big open on deck; $1.90 in sight in L2's

Thanks for that document.   I'll plow through the report for curiosity sake. I just saw $830 on futures and May 2021 is at $615.   This is madness. Given all their lumber won& ...more  
Comment by dosperroson Aug 21, 2020 10:19am

RE:RE:RE:RE:RE:RE:Big open on deck; $1.90 in sight in L2's

Check page 3. https://westernforestry.org/wp-content/uploads/2020/01/Hamir-Patel_2020MTC-presentation.pdf This is guiding my perspective but I didn't realize it until reviewing this doc from ...more  
Comment by horseshoefallson Aug 21, 2020 9:41am

RE:RE:RE:RE:RE:Big open on deck; $1.90 in sight in L2's

Definitely the best value play here.   You make a good point, the US will need even more lumber for all the businesses they need to board up and rebuild from the rioting.  Not to ...more  
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