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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 Jul 20, 2021 9:54pm
166 Views
Post# 33579700

RE:CIBC analyst comments on wood pricing

RE:CIBC analyst comments on wood pricingSo you see how reckless and harmful these analysts are to company share prices. All they report is the price of lumber coming down so future earnings will be less....duh...no sh!t. They never hit their high price targets these clowns put on. WFG $145+...lol. l sold 60% at $110. Wish l sold all. Regardless they now put lower targets on the shares. LOL..What rocket scientists. These goofs say nothing about how all forest products companies have done a complete financial 180 and have no debt and cash galore. Increasing div's, buying back shares, buying new assest etc etc. Who cares, lumber is down and here's my new lower price targets. I wish these guys would jump off the 5th floor with a 4 floor rope. A little harsh but a least jump off a bridge somewhere. Anyway, lesson is take analysts with a grain of salt when taking care of your money. The system is flawed but it always has been....GLTA...do.your homework.
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