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Bullboard - Stock Discussion Forum
Western Forest Products Inc
T.WEF
Alternate Symbol(s):
WFSTF
Forest Products
Lumber & Wood Production
Western Forest Products Inc. is a Canada-based integrated forest products company building a margin-focused log and lumber business to compete in global softwood markets. The Company’s primary business is the sale of lumber and logs, which includes timber harvesting, sawmilling logs into specialty lumber, value-added lumber and glulam remanufacturing, and wholesaling purchased lumber. It has a...
lumber capacity of approximately 885 million board feet from six sawmills, as well as operates four remanufacturing facilities and two glulam manufacturing facilities. The Company's product categories include outdoor living, exterior appearance, LIFESTYLE CEDAR, interior living, structural, industrial and WFP engineered products. Its outdoor living products include decking, timbers and fencing products. Its LIFESTYLE CEDAR products include LIFESTYLE CEDAR Decking and LIFESTYLE CEDAR Fencing. Its WFP Engineered Products include curved and arched glulams, straight glulams, and fabricated trusses.
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Bullboard (TSX:WEF)
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(70)
•••
Diamondboy123
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Post by
Diamondboy123
on Feb 19, 2024 9:49am
Great trend. Futures on fire.
https://www.google.ca/url?sa=t&rct=j&q=&esrc=s&source=web&cd=&ved=2ahUKEwi17-by0reEAxVG_skDHcbHAS0QFnoECBAQAQ&url=https%3A%2F%2Fwww.cmegroup.com%2Fmarkets%2Fagriculture
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(70)
•••
Diamondboy123
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Comment by
Diamondboy123
on Feb 18, 2024 2:51pm
RE:RE:RE:Got no issues with improved bottom line
That's fine. It's only gonna be a penny a quarter. I see 1.00 to 1.20 by summer. That's a 40 to 50 cents pop. I've played this thing for years. It goes with the price of lumber.
...more
(765)
•••
Red_Deer
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Comment by
Red_Deer
on Feb 18, 2024 2:11pm
RE:RE:Got no issues with improved bottom line
Hey DiaMondBoy__HIGHLY UNLIKELY that the Dividend Will BE ReInstated NEXT QUARTER Even IF Back in the BLACK Last Time the Dividend WAS Cut May 2020__And ReInstated Almost a YEAR LATER Feb 2021
(655)
•••
TimeBuilder
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Post by
TimeBuilder
on Feb 17, 2024 9:35am
This weeks ratings recap (portfolio#2) copied from TDWBDI
FYI: Ratings change for Feb 11, 2024 - Feb 17, 2024 Date Symbol Brokerage Analyst Name Analyst Ranking out of 8,724
...more
(70)
•••
Diamondboy123
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Post by
Diamondboy123
on Feb 16, 2024 9:04am
Earnings call transcript.
https://www.google.ca/url?sa=t&rct=j&q=&esrc=s&source=web&cd=&ved=2ahUKEwiMi-Kzg7CEAxWyweYEHUKRDoEQFnoECBEQAQ&url=https%3A%2F%2Fseekingalpha.com%2Farticle%2F4670269-western
...more
(70)
•••
Diamondboy123
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Post by
Diamondboy123
on Feb 14, 2024 10:13am
Futures on fire.screaming buy.
https://www.google.ca/url?sa=t&rct=j&q=&esrc=s&source=web&cd=&ved=2ahUKEwjkxur2jquEAxWkweYEHUUlBr0QFnoECAkQAQ&url=https%3A%2F%2Fwww.cmegroup.com%2Fmarkets%2Fagriculture
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(70)
•••
Diamondboy123
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Post by
Diamondboy123
on Feb 14, 2024 8:21am
The ceo didn’t buy 300 k shares in December
If he didn't see thing take off this year. He knows the cyclicality of this stock and this industry. In fact western is highly leveraged due to its relative small size. Goes down harder and
...more
(109)
•••
lnggasfor202324
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Comment by
lnggasfor202324
on Feb 13, 2024 7:13pm
RE:RE:Got no issues with improved bottom line
So does western just cut yellow anmd red cedar now or are they cutting all species? Why did they shut down the Alberny mill?
(70)
•••
Diamondboy123
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Comment by
Diamondboy123
on Feb 13, 2024 7:05pm
RE:Got no issues with improved bottom line
I said divvie will be back with the books in the black next quarter.
(686)
•••
windywolf
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Post by
windywolf
on Feb 13, 2024 7:04pm
Got no issues with improved bottom line
I did not read where they mentioned reinstating the divvie. If i missed it please point it out to me. And as far as consumers getting used to high interest rates and cuts coming. I think the US fed
...more
(70)
•••
Diamondboy123
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Post by
Diamondboy123
on Feb 13, 2024 6:23pm
Got no issues with improved bottom line
Next quarter in the black with reinstated divvie. Sweet
(30)
•••
RANDMASTER
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Post by
RANDMASTER
on Feb 13, 2024 5:21pm
4TH QUARTER - NO SURPRISES
They've cut their losses somewhat but revenue still needs to climb, Perhaps with an increase in home building come the spring WEF stock will start an anticipated climb from this rediculously low
...more
(0)
•••
PressRelease
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Post by
PressRelease
on Feb 13, 2024 5:05pm
New Press Release - Western Announces Fourth Quarter 2023 Results
VANCOUVER, British Columbia, Feb. 13, 2024 (GLOBE NEWSWIRE) -- Western Forest Products Inc. (TSX: WEF) (“Western” or the “Company”) reported a net loss of $14.3 million in the fourth quarter of 2023, as compared to a net loss of $17.4 million in the third quarter of 2023, and net loss of $21.4...
read article.
(70)
•••
Diamondboy123
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Comment by
Diamondboy123
on Feb 12, 2024 9:32pm
RE:Q4
Sure will. Especially with futures staying frothy and home building season upon us.
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