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Canfor Pulp Products Inc T.CFX

Alternate Symbol(s):  CFPUF

Canfor Pulp Products Inc. is a Canada-based global supplier of pulp and paper products with operations in the central interior of British Columbia (BC). The Company operates through two segments: pulp and paper. The pulp segment includes purchase of residual fiber, and production and sale of pulp products, including Northern Bleached Softwood Kraft (NBSK) pulp and Bleached Chemi-Thermo Mechanical Pulp (BCTMP), as well as energy revenues. The paper segment includes production and sale of paper products, including bleached, unbleached, and colored paper. Its products under the solid wood category include dimension lumber, specialty lumber, and engineered wood products. It produces green energy in its lumber and pulp facilities across North America. The Company owns and operates three mills in Prince George, BC with a total capacity of about 780,000 tons of Premium Reinforcing Northern Bleached Softwood Kraft (NBSK) Pulp and 140,000 tons of kraft paper.


TSX:CFX - Post by User

Bullboard Posts
Comment by Baer1on Nov 11, 2011 8:45am
405 Views
Post# 19229079

RE: RE: What the heck is goin' on?

RE: RE: What the heck is goin' on?Well, for one thing, you don't subtract. It IS 0.37 per share for ALL the outstanding shares. The 0.03 shortfall was made up from retained earnings, which they had a lot of, from my reading of the report. Also, prices are sliding a bit, but not tanking. IMHO, this is a severe overreaction to the perception that global demand is drying up due to the various crises around the world. Fact is, the US is showing signs of recovery, China has achieved control of inflation and will ramp up the economy again. Europe may be a soft spot for awhile. There may also be some short action that is starting to cover, hence the price action yesterday.
Bullboard Posts