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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 > Analyst Comment
View:
Post by retiredcf on Jun 15, 2021 8:13am

Analyst Comment

https://www.bnnbloomberg.ca/video/jennifer-radman-discusses-west-fraser-timber~2221931

WATCH
 
West Fraser Timber
(WFG-T)
June 14, 2021
 
Commodity prices have been so strong and they generated a lot of cash flow. But lumber prices have come off. There could be a leg higher on these names, but you have to see what happens to the commodity price. Watch for another up-leg.
 
WEST COAST FORESTRY
Jennifer Radman 
 
Price
$85.680
Owned
No
Comment by sunshine7 on Jun 16, 2021 9:13am
"but you have to see what happens to the commodity price." Well Duh! So lumber goes up or stablizes, there will be doubt about wether it could be sustained. There is no certainty in futures, so place your bets. Truth is that target prices for these names is not based on $1600 lumber but a conservative estimate down to $600. With limited capacity inceases coming and homebuilding ...more  
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