Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 > BC lumber prices
View:
Post by lifeisgood1010 on May 07, 2021 4:44pm

BC lumber prices

Everything has been said.

Listening to the CC will tell you that demand is very strong.

This is far from over.Selling prices of all lumber stocks while up
are far away from reflecting the actual and future profitability and 
balance strenght.

These guys have all the tools to create a lot more wealth for patient investors like me

Comment by islandbrook on May 09, 2021 3:01pm
Agreed. We are in sync. Based on Friday's lumber futures and a couple of conservative assumptions gets earnings for CFP of $15-$18 a share for 2021.Giving the earnings a  4 PE, (only slightly above the concensus PE of 3.7 times derieved from  the current estimate of $.11.28 and $42 target), gives a price target tof $60 to $72. At that level a 20%  dividend pay-out ratio seems ...more  
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities