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Western Forest Products Inc T.WEF

Alternate Symbol(s):  WFSTF

Western Forest Products Inc. is an integrated softwood forest products company. The Company’s primary business is the sale of lumber and logs, which includes timber harvesting, sawmilling logs into specialty lumber, value-added lumber and glulam remanufacturing and wholesaling purchased lumber. Its product categories include Outdoor Living, Exterior Appearance, Interior Living, LIFESTYLE CEDAR, WFP Engineered Products and others. The Outdoor Living products include decking, timbers, outdoor structures and fencing products. The Exterior Appearance products include siding, trim and fascia, soffits, and door and window products. The LIFESTYLE CEDAR products include LIFESTYLE CEDAR Decking and LIFESTYLE CEDAR Fencing. The Interior Living products include interior paneling, interior moldings, architectural millwork, and stair components. The WFP Engineered Products include Curved and Arched Glulam, Straight Glulam, Fabricated Trusses, Calvert GL3000 and Other Glulam Products.


TSX:WEF - Post by User

Bullboard Posts
Post by ahson Feb 21, 2014 11:13pm
234 Views
Post# 22237571

Exercising the warrants

Exercising the warrantsCan't say I wasn't a tad disapointed in the reaction to the earnings.  But my shares are there for the long term without any fear.  (Whats long term in the forest industry? Maybe 2 years?).  So I am not concerned about the SP except that I have Warrents which have a shelf life of about 5 months.  Start selling portions soon?  Or wait until the next earnings report?  The next report will have a full 3 months of the current high prices built in, plus  a full 3 months of exposure to the lower C$.  I fully expect stronger growth with perhaps an uptick in volume if the housing market moves higher.  In the meantime any correction in SP will really hurt the warrants.
All in all this is not a bad problem to have.  Thanks WEF!!!
Bullboard Posts