Stella-Jones Inc T.SJ

Alternate Symbol(s): STLJF

Forest Products Lumber & Wood Production

Stella-Jones Inc. is a Canada-based producer of pressure-treated wood products. The Company supplies various electrical utilities and telecommunication companies with wood utility poles and North America’s short line and commercial railroad operators with railway ties and timbers. The Company also provides industrial products, which include wood for railway bridges and crossings, marine and foundation pilings, construction timbers and coal tar-based products. Additionally, the Company manufactures and distributes premium treated residential lumber and accessories to Canadian and American retailers for outdoor applications, with a significant portion of the business devoted to servicing Canadian customers through its national manufacturing and distribution network. The Company operates 45 wood treating plants and a coal tar distillery. These facilities are located across Canada and the United States and are complemented by a procurement and distribution network.

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Stella-Jones Inc > Good Financials

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Comment by RayDonovan78on Mar 23, 2022 3:07pm

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Post# 34538760

RE:RE:RE:RE:RE:Good Financials

Stock price seems stuck, makes no sense with last financials. I sold 1/2 my position this morning for a small gain.

rad10 wrote:
Ok - massive wildfires unprecedented flooding out west, massive infrastructure spending bills. CP /KCS merger with upgrade guarantees. Just a few catalysts....

Possibleidiot01 wrote: Read the comment from David Baskin on BNN today.
If if i read this right , paying more for timber/ raw material ; I thought some of this increase is being offset by wholesale lumber sales. I do get the comments about demand in phone poles and railroad ties.

COMMENT

Stella-Jones Inc.(SJ-T)
21/03/2022 at 08:00pm

He bought this 8 years ago, because he thought it was a simple business: rail ties and telephone poles. What could go wrong? Well, the replacement cycle of the latter is hard to calculate, and railways don't replace the former not often. Also, spiking timber prices hit this company. This is trading near 52-week lows. A good company and it should do well over time. But there were more problems here than he expected.
misc industrial products
$39.240

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