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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 Frost19on Apr 21, 2021 2:22pm
143 Views
Post# 33038285

RE:RE:BNN...DUMB

RE:RE:BNN...DUMBYeah I thought he was a funny old man who really shouldn't have been asked a question on a company he doesn't know much about. 

Initially saying WFG is trading at high multiples...then checks his other screen and clearly see's a P/E of 8 and immdieately backtracks saying well it looks cheap actually on a P/E basis but says price to book is 3.7 times which is supposed to be expensive and relevant somehow lol.

I don't know how he can even account for a correct price to book considering Q1 has a massive merger, 1billion in longterm debt repaid, mill re-opening and mill refurbishment, all time high lumber prices aka cash pile build and just has a lot going on. 

The analysts that really study this sector are ahead of the game with recent and higher price targets. The rest will catch up on as earnings reports come out and lumber stays higher for longer. 

May 7th Q1 reports we'll know where things stand plus have great guidance Q2. 
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