Western Forest Products Inc T.WEF

Alternate Symbol(s): WFSTF

Forest Products Lumber & Wood Production

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.

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Western Forest Products Inc > Teal Linde - BNN - WATCH

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Post by Possibleidiot01on Jun 17, 2024 3:43pm

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Post# 36092707

Teal Linde - BNN - WATCH

WATCH

Some insider buying. Trades at 0.16x sales, about half as much as CFP or IFP. Money-losing right now. Specialty wood products, typically higher margin and more profitable. But not anymore, related to housing market being slow. Cut dividend to protect balance sheet, so company's now pretty secure.

A great turnaround stock with upside once US interest rates come down and housing activity starts to come back. He's keeping a close eye on it.

west coast forestry

$0.493