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West Fraser Timber Co Ltd T.WFG

Alternate Symbol(s):  WFG

West Fraser Timber Co. Ltd. is a diversified wood products company. The Company is engaged in manufacturing, selling, marketing and distributing lumber, engineered wood products, including oriented strand board (OSB), laminated veneer lumber (LVL), medium-density fiberboard (MDF), plywood, particleboard, pulp, newsprint, wood chips and other residuals and renewable energy. Its products are used in home construction, repair and remodeling, industrial applications, paper, tissues, and box materials. Its segments include Lumber, North America engineered wood products (NA EWP), Pulp & Paper and Europe EWP. Its business comprises lumber mills, OSB facilities, renewable energy facilities, pulp and paper mills, plywood facilities, MDF facilities, particleboard facilities, LVL facility, treated wood facility, and veneer facility. The Company operates approximately 58 facilities in Canada, the United States, the United Kingdom and Europe. It also offers wood preservation services.


TSX:WFG - Post by User

Comment by Dadsaid2on Apr 21, 2021 1:47pm
124 Views
Post# 33038081

RE:RE:BNN...DUMB

RE:RE:BNN...DUMBThis is why l urge all shareholders to keep the pressure on WFG board to issue dividends. Here are reasons.... Lumber futures can greatly influence WFG share price but really don't affect earnings. Yes Tuesday futures were down but cash & contract prices reported by Random Lengths and Madisons were all up last Friday. This is the price the mill is selling at and pricing their contracts at. So while real sales and profits are huge and one day dip.in futures cause the share price to come off $10. AND This is a company that is about half OSB to boot. Its crazy. From a value point of view WFG is a tough one to make money on. If it paid a decent 4-5% dividend it would attract different type of shareholders and stabilize the share price. I've said it before but WFG will always be overly influenced by lumber futures. Wait till futures really start dropping for real. Like from 1200 to say 600. Even though 600 is still a great and profitable price for the mill what will the share price do....yikes. l dont even want to print it. #Dividends
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