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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 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.


TSX:CFF - Post by User

Comment by horseshoefallson Aug 05, 2020 7:03pm
64 Views
Post# 31369852

RE:Expectations from Next Week

RE:Expectations from Next Week
ValueCap wrote:

Will management agree to a plan that gives value back to shareholders? Especially given Q3 profitability?

Ideally a dividend based at least on power plant revenue but could be topped up if lumber segment profits allow. 


A share buyback or takeover would also be great




It will be nice to hear some news because Investor Relations doesnt' seem to be answering any emails.

Q2 will be a nothingburger.  Q3 we know they will be bringing in tons of cash.  Honestly I'm not expecting much besides, blah blah blah...we're going to use cash to shore up our balance sheete and increase liquitidy.  

Would be nice to hear some sort of long term plan or strategy that doesn't involve expansion.  Unless that's Canfor expanding thier portfolio and giving us a bunch of cash.
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