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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 Canoutchieon May 02, 2013 7:36pm
54 Views
Post# 21331880

RE: RE: RE: Canfor reported good earnings as well.

RE: RE: RE: Canfor reported good earnings as well.

Actually, I agree with you about the dividend - in fact management alluded to it in last quarter's conference call.

 

I'm expecting WEF to be debt free sometime later this year, provided the fundamentals in this industry hold.  Once the debt is off the books, then I think this will clear the way for a small dividend.  I'm estimating that this may occur sometime in the next 12 to 18 months (i.e. before end of 2014).

 

We shall see!

Bullboard Posts