WEF -way undervalued Here are some facts to due diligence with respect to valuation.
At March 31 book value was shown on TD INk to be $ 1.34 after Q1.
With conservative estimate of earnings I project the following : Q2 .16 Q3 14 Q4 14 = 44.
So are book value just by earnings goes to $ 1.78 and probablywith EBIDA close to$ 2.00.
Trading at two times book value would equal $ 4.00.
What about all of forestry lands for future. On balance sheet listed at what cost.
What about longterm 8 year contracts and labour relations with First Nations?
WEF has no debt and buying back shares in NCIB to increase shareholder value?
Currently paying a dividend of .01cent quarterly with prospect of increase next quarter.
What about P/E ratio at end of year.
Just average investor and not genious like stock analyts.
WHAT COMMENTS WOULD OTHERS LIKE TO MAKE.
I am missing lot of other factors which affect book value. Like times cash flow.