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Western Forest Products Inc T.WEF

Alternate Symbol(s):  WFSTF

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.


TSX:WEF - Post by User

Bullboard Posts
Comment by financo_valueon Jul 20, 2011 8:50pm
344 Views
Post# 18854518

RE: When it all comes together

RE: When it all comes togetherAs I'm sure you don't know, there are more than 465 million shares outstanding. As it stands, Western is already one of the most costly forest companies in the world. You think the shares will triple???? A company that at max, under even the rosiest projections may make an income of $50 million per year, on a good year, cannot be worth over $1.5 billion.

Wake up, China is slowing down, the USA is in the dumps. Canada is slowing too. Japan... please. For general housing uses they need plywood and pine 2x4's, both of which Western does not make. Western is specialty wood, mostly cedar, used for furniture, decorative features and decking. You don't build a house out of cedar... maybe you build a closet...
Bullboard Posts