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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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Post by dosperroson Aug 19, 2020 10:12am

And here come futures. +$20 again, to $774.

This is absolutely insane. WOW.
Comment by dosperroson Aug 19, 2020 10:11am

RE:RE:RE:RE:Wonder how far this can run before the inevitable?

Nice.  I cannot emphasize enough how excellent Norbord is.  The incoming special dividend alone is going to be staggering.  I also see the superior supplier discipline in OSB as giving ...more  
Comment by horseshoefallson Aug 19, 2020 10:08am

RE:RE:RE:Wonder how far this can run before the inevitable?

Yeah, we are seeing some good consolidation and new buyers in at the $1.50 level.  Just a matter of time before it makes another leg up as there should be very little resistance after the $1.40 ...more  
Comment by ValueCapon Aug 18, 2020 6:22pm

RE:RE:Wonder how far this can run before the inevitable?

Wouldn't that be great! I like the price action overall this week since the 1.20s was cleared. Nice finish at day end - the dips were bought.  I think more people will this company as ...more  
Comment by dosperroson Aug 18, 2020 2:23pm

RE:Wonder how far this can run before the inevitable?

It didn't like my image: https://www.pinterest.ca/pin/210543351302460030/
Post by dosperroson Aug 18, 2020 2:22pm

Wonder how far this can run before the inevitable?

All the howlng from me on dividends is one thing, but maybe we just cash this thing out.  If you see Ken out there putting a new coat of paint on the fence it can only mean one thing...
Post by dosperroson Aug 18, 2020 2:18pm

I'm impressed w/ volume and resilience

Given this only trades ~40k a day usually. I'm impressed that it's holding up well.  It'll take many more days to stabalize as there's been a lot of upheaval.  Likely a good ...more  
Post by horseshoefallson Aug 18, 2020 11:14am

Worry Wall Activated!

Not surprising with the run up the other day, holding the price down to grab retail shares likely.  Really the only way to take a position in this stock without driving the price up. If anyone ...more  
Comment by lifeisgood1010on Aug 18, 2020 9:51am

RE:RE:RE:U.S. Housing Starts Numbers Beat Estimates 1,496k annualized

Because of my very conservative nature and idid not do my homework on this smaller company. I was dead wrong on overlooking CFF and investors like both of you will reap huge benefits for your work ...more  
Comment by dosperroson Aug 18, 2020 9:26am

RE:RE:RE:U.S. Housing Starts Numbers Beat Estimates 1,496k annualized

Yes, I was curious as well.  Historcially there were only two "pure play" lumber co's: IFP and CFF.  CFF is more a utility than enything -- in fact, I was looking at the absurd ...more  
Comment by horseshoefallson Aug 18, 2020 9:22am

RE:RE:U.S. Housing Starts Numbers Beat Estimates 1,496k annualized

You are making way too much sense on everything. I agree on the NCIB, but at the same time - if that doesn't work out they can hoard cash and will be in a strong strong balance sheet position or ...more  
Comment by horseshoefallson Aug 18, 2020 9:19am

RE:RE:U.S. Housing Starts Numbers Beat Estimates 1,496k annualized

Just curious why you were too chicken to take a position? I realize most people don't follow this stock, but it was mostly de-risked once their US Mills were sold.  As long as Mac is turning ...more  
Comment by dosperroson Aug 18, 2020 9:06am

RE:U.S. Housing Starts Numbers Beat Estimates 1,496k annualized

Exactly,  The higher trading volume we saw yesterday helps -- it was 5x the average of 40k/day.  I sure wish they had at least rubber stamped the NCIB for optional deployment now as the ...more  
Comment by lifeisgood1010on Aug 18, 2020 8:59am

RE:U.S. Housing Starts Numbers Beat Estimates 1,496k annualized

Looking good for you guys. I was to chichen to take a position in CFF. All lumber stocks will do very well but your CFF has much more torque in this kind of  envirenment and should do much ...more  
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