Bullboard - Stock Discussion Forum Conifex Timber Inc T.CFF

Alternate Symbol(s): CFXTF

Forest Products Lumber & Wood Production

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

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TSX:CFF - Post Discussion

Conifex Timber Inc > Expect much better q2 results and 60 Cent Earning/ in 20021

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Post by Coinfan on May 16, 2021 5:27pm

Expect much better q2 results and 60 Cent Earning/ in 20021

they said: Conifex said it was only able to ship 10 weeks of lumber production during the 13-week quarter. Also the bioenergy was not in full work for 6 Weeks..

With much higher average prices in Q2 the Earning should go to 15-20 Cent a sahre in q2 at least. Expecting more than 50 Cent for the yaer.. Conifex has Upside minimum to 6 dollars.. will buy more tomorrow...

Lumber price should go up again in next weeks and we will see new records shortly...

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Comment by TradeTracer on May 17, 2021 1:35pm

I mean we're now halfway through the 2nd qtr and lumber has only recently started to pull back to the $1300 mark. If it can hold for another few weeks I would expect Conifex to really clean up it's balance sheet and make waves Maybe Ken's hedging will work in our favor to?

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Conifex Timber Inc