Up tick. . .
Reckon if we want a nice uptick in share price someone should put in another call to BNN to enqire about WEF. . .the last time this happened there was a nice uptick in share price. Of course with Brookfield having just bought Ainsworth, thus becoming one of the largest producers of plywood and OSB in Canada, a call to BNN is deserving.
Sandheads I've gotta clear the air here my friend; we've had some banter before about the true value of WEF but it ended because, well you didn't support your opinion with anything apart from conjecture. Thats fine for you but I'm a little different natured, this is easily a $5 stock.
Once again, WEF is the largest coastal stakeholder - SHeads you keep posting framing lumber prices which is great for companies that make framing lumber! For the umpteenthhh time, WEF has a little bit of fall down hemlock/balsam which is kinda akin to the SPF quotes but still a much different animal - cedar (even the fencing/siding) is around $400/thousand when its super cheap. Which like the majority of WEF's products - are far far more valuable than any framing lumber. . .Unlike the interior which is going to experience a huge downturn in harvest levels as pine beetle wood is finished coastal harvest levels are sustainable. . .WEF has sold the majority of its fee simple land, and thus is flush with cash. . .and of course we've minimal debt levels and are owned by Canada's pre-eminent turnaround specialist, Brookfield. . . .
IMHO,
Gobble gobble,
turkey