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Bullboard - Stock Discussion Forum 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... see more

TSX:WFG - Post Discussion

West Fraser Timber Co Ltd > Very good news on new duty rate( lower)
View:
Post by lifeisgood1010 on Nov 24, 2020 3:44pm

Very good news on new duty rate( lower)

The U.S. Commerce Department has set new rates for counterveiling and anti-dumping duties on Canadian softwood lumber imports that are slightly lower than when they were originally set.

The new combined rates average out to 8.81%

Comment by Kojacks88 on Nov 24, 2020 10:15pm
The sweet news continues, great purchase of OSB and no this... fantastic!!!
Comment by RHINOpowerTOP on Nov 25, 2020 2:11pm
GOOD SHOW BOYS!!  BOJACK HORSEMAN AND LIFEGUARDMAN SPEAK THE TRUTH.  THIS STOCK GONNA GO UP BIG AND HARD. I BE WORRIED ABOUT THE STRENGTH OF THE WOOD BUT MAYBE THE WEST FRASSER MEN WILL MAKE IT BETTER.  I CAN BUST A 2X4 EASY BUT NOT A 2X6.  BUT THE OSB IS SORT OF WEEK SAUCE. I KICK PUNCH MY WAY THOOUGH IT WAY TOO EASY.  THEY NEED IT STRONG BUT IT MEANS I CAINT GONNA GET ...more  
Comment by Dadsaid2 on Nov 25, 2020 5:52pm
Hold on there folks. The OSB sale isnt final yet. Minority shareholders could block the bad deal on the table. 2 New York City law firms have already come forward and are asking Norbord shareholders to contact them as they think there are grounds to block the sale or at least get a better deal. IMO it is too cheap of a sale. As for the strength of OSB it is stronger than plywood (thickness to ...more  
Comment by dosperros on Nov 25, 2020 8:39pm
The standard sharks tend to circle looking for a class action in any of these cases, so I don't read too much into it.  It's more likely if someone objects and pulls together a coalition.  That happened with Tembec -- the incompetent mgmt signed a poor deal with RYAM and it was Oaktree Capital that forced them to significantly increase the offer.  That was a takeover, though ...more  
Comment by Dadsaid2 on Nov 26, 2020 10:46am
Thanks dosperros for the very long informative reply that is not necessary...for me anyway. I hope others liked it too. My main points are as follows.. i don't like the deal (too cheap). I invest in companies l understand and trust. I've made a lot of $ investing in OSB knowing when to buy and sell. The key is their variable dividend program. Not only was the regular dividend fairly decent ...more  
Comment by dosperros on Nov 26, 2020 3:20pm
Great points, all. RBC says this and I agree.  I think it's scathing.   "Capital allocation – With 2020 shaping up to be a record year for wood product and tissue producers, the question becomes, what will they do with the free cash flow? In our view, investors have discounted industry performance due to challenges deploying capital in a value-added way. For example ...more  
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