TSX:IFP - Post Discussion
Post by
Possibleidiot01 on Oct 19, 2022 2:43pm
Alex Ruus - BNN - BUY
BUY
west coast forestry Some say buy cyclicals when multiple has soared and profit has collapsed. Generally true, but things have gotten so wacky. Canada has 3 world-class lumber companies: IFP, CFP, and WFG. At the bottom of the cycle, they'd be at-worst break even. So he'd argue they should be trading at higher multiples than what they're at.
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