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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

TSX:CFF - Post Discussion

Conifex Timber Inc > CIBC slashes price
View:
Post by Possibleidiot01 on Oct 13, 2023 4:02pm

CIBC slashes price

Conifex Timber (TSE:CFF) had its price target lowered by analysts at CIBC from C$1.60 to C$1.00. They now have an "underperform" rating on the stock. This represents a 26.6% upside from the current price of C$0.79.

Comment by Apaulson on Oct 31, 2023 1:28pm
There's no way out of this for Ken.  This mill is just not profitable for at least the next year. Shut down coming. Likely bankruptcy protection and sale down the road......
Comment by Apaulson on Oct 31, 2023 2:53pm
No portfolio managers want to be holding this terd in their portion at month end.
Comment by pennydredful on Nov 02, 2023 3:55pm
They   got   out   with   the SIB    a couple   of years   ago   at     3.40 t0 3.60   .   Should    have stuck  with     NCIB  ----   even  that looks    suspect    now  
Comment by 2young2invest on Dec 08, 2023 1:48pm
SIB was at $2.25.
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