RE:RE:$1.534 billion in cash on hands Wheras it's West Fraser or Canfor,i put a high probability of more merger-acquisition in this sector
before year end.
In any event, Interfor will eventually be better valued.The management got once again very good
comments from all analysts in the deployment of there excess capital.
Doing the SIB at below book value shows how disciplined these guys are.
They have a well balanced approch.They have the best growth over the past 3 years in the
industry while reducing the share counts by 23%
Until the SIB results are out Interfor SB will not go above $34.But after that, i expect a moveback in the $40 to $45