Canfor Corp T.CFP

Alternate Symbol(s): CFPZF

Forest Products Lumber & Wood Production

Canfor Corporation is an integrated forest products company. The Company operates through two segments: lumber segment and pulp and paper segment. The Company’s solid wood products include dimension lumber, specialty lumber and engineered wood products. The dimension lumber products include Spruce Pine Fir (SPF), Southern Yellow Pine (SYP), Douglas Fir Larch (DFL) and Canfor Red. The specialty lumber products include Balfour Boards, WynnWood Boards, Decking/Fascia, Lamstock, Long Lengths, Shop/Clears and Access Mat Lumber. Its Pulp products include Bleached Softwood Kraft Pulp and Unbleached Softwood Kraft Pulp. Its paper products include Bleached Kraft, Coloured Kraft and Unbleached Kraft. It also has bioenergy products. It also produces green energy in its lumber and pulp facilities across North America. The Western Canadian operations produce superior SPF lumber from sustainably managed forestlands. It is used for construction projects in North America and around the globe.

TSX:CFP - Post by User

Canfor Corp > lumber price vs stock price

<< Previous

Bullboard Posts

Next >>

Post by YJ2019on Jul 16, 2020 8:47pm

187 Views

Post# 31279027

lumber price vs stock price

When Jim Pattison made the offer of $16 per share last August, the lumber price was about $330. Today, the lumber price is $524. So, very roughly speaking, if someone would made an offer today, the price would have to be around $25.4 per share (524 / 330 * 16). Of course, there are many other factors to consider in this estimate, such as the market trajactory of lumber price, pulp & paper, et al. But, does this rough estimate make any sense at all?

Also, as the share price approaches $16, what would be the thoughts of those shareholders who voted against the offer last December?

<< Previous

Bullboard Posts

Next >>

This junior gold stock is at an all-time low and ready to rally