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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 Dec 15, 2020 10:28pm
88 Views
Post# 32115912

RE:Yikes. This is a stirred up hornets nest. A few observations

RE:Yikes. This is a stirred up hornets nest. A few observationsThey're looking more like a ringette team at the moment.  The biggest problem they have now is lack of diversity, period.  They really do need to articulate some sort of a plan to shareholders besides the fact they're apparently initiating buybacks. Even if this stock hits some of the high targets like $2.25.... big deal.  And in the current market, nobody seems to care about cash or value.  Seems like Hype and Revenue will make you more money.

And yes, Ken's compensation is ridiculous at this point.
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