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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 Sep 23, 2018 12:41pm
152 Views
Post# 28673120

About falling share price.....

About falling share price.....The downward trend may be justified.  Lumber futures have gone from $640 to $342 in the past 4 months, and the last housing starts figures were down near 10%.  Also interest rates are rising.  The prospects of Democrats gaining at least partial control of the house could also dampen enthusiasm for 2019, as the economy will no longer have gas being fed to it.  
So the short term outlook could well be more declines.  But WEF is still a well run company with excellent financials and I for one will be placated with a 4% dividend and a longer term outlook that is rosy.  A good outcome for the Nafta talks could give a sharp boost in the short term but I'm not holding my breath on that.  
Bullboard Posts