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Bullboard - Stock Discussion Forum Canfor Corp T.CFP

Alternate Symbol(s):  CFPZF

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... see more

TSX:CFP - Post Discussion

Canfor Corp > Gents and.ladies
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Post by filoux004 on Feb 14, 2021 4:05am

Gents and.ladies

What's does Jimmy do with all this case flow? Special div? Major stock buyback? Take out of Canfor Pulp? Spin out of Canfor pulp? Div. Fr Canfor Pulp? Acquisition of more sawmills? Merger with Interfor?
Comment by dosperros on Feb 14, 2021 2:50pm
I expect a boring conference call with nothing exciting in the works. There is about $1 billion of net debt on the books, and that's the primary or even only focus area.  Q4 likely takes about 1/3 of that out.  West Fraser is the template for this conservative approach. Canfor will do the same most likely, excluding the dividend.  The NCIB WFG rolled out is a maybe for a ...more  
Comment by JohnnyTSX on Feb 14, 2021 8:29pm
Well stated, dosperros. I can see Canfor continuing to attempt to grow in Europe/Scandinavia. Aside from that, as I've stated previously, I wouldn't hold my breath for a special dividend. I even highly doubt they'd buy back shares. It's going to be a story of keeping powder dry for a strategic acquisition on the conference call in a couple weeks.
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