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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

Comment by bbwiboneon Nov 17, 2020 1:42pm
151 Views
Post# 31915428

RE:RE:RE:RE:Logging roads....

RE:RE:RE:RE:Logging roads....You don't need hidden assets to make a bull case for WEF. They could restart their dividend and share buyback program today but are choosing to reduce debt instead, which will be eliminated by the end of Q1 next year or so. Lumber prices have been moving back up for weeks now and are quite strong into next year. Inventories are very low. Interest rates will be low for years. It's all positive.

The only thing that isn't positive is the stock price momentum. Hopefully it bottoms because I feel like this will be off to the races once momemtum comes back. Bought more at 0.86 last week although I have plenty of shares at $0.75 and $0.64.
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