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Ainsworth Lumber Co Ltd ANSBF



GREY:ANSBF - Post by User

Comment by louelon Aug 17, 2012 7:37pm
177 Views
Post# 20231778

RE: good action today from GMP

RE: good action today from GMP

ANS produces sheeting.  A look at the US housing construction companies is a leading indicator for wood products producers share prices.   TOL  from Oct till present, $13.40 to 32.35 --- BZH $1.30 to 3.01 ---PHM $3.47 / 13.38 ----  SPF $2.12 / 6.51  --RYL $9.60 to 26.38    And the list goes on   DHI EPS latest Q  $2.22 on earnings 891.9M /1 year  with revenue growth last 4 quarters of 18%.   The housing market is turning upward. as it grows the demand for building materials grows with it.   ANS finances are improving and with higher product prices it will not take long to see S/P back in the 7 or 8 dollar range if not higher. Six or eight months ago I suggested it may be time to think about building a position. It's not to late yet.

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