Bullboard - Stock Discussion Forum Interfor Corp T.IFP

Alternate Symbol(s): IFSPF

Forest Products Lumber & Wood Production

Interfor Corporation is a Canada-based forest products company. The Company and its subsidiaries produce wood products in Canada and the United States for sale to markets around the world. The Company operates through solid wood products segment. The Company offers its products across two categories, which include Dimension Lumber and Specialty Lumber. The Company's products include Interfor... see more

Add To Watchlist

TSX:IFP - Post Discussion

Interfor Corp > Earnings Today

View:

Post by JohnnyTSX on Aug 06, 2020 11:50am

Earnings Today

IFP on sale ahead of earnings. Took the opportunity to add a bit this morning. Cash and futures pricing still positive and with order files out to October, the momentum will continue for lumber producers.

107

Comment

Comment by lifeisgood1010 on Aug 06, 2020 12:30pm

Amazing sept. contrats are trading at $632 but as amazing is the Nov. at $563 and the Jan 2021 at $523. Again, don't know how high and how long these prices will stick but at $400 the lumber company are highly profitable, Imagine at $500,$560,$632... Like one poster stated they are ATM machine Good luck JohnnyTSX.In fact,it's not luck that you need,it's just a little bit of ...more

Comment

Comment by JohnnyTSX on Aug 06, 2020 11:01pm

Earnings pretty decent considering the challenges relating to COVID in April and May. Adjusted EPS of $0.17 - generated a bit of cash and expanded the capex program for the year. Q3 is quarter that will be pretty amazing. Also, futures are still ripping ($525 Jan 21) and cash prices still pulling a massive premium. GLTA

Comment