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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
Post by SandHeadson Aug 02, 2013 12:27pm
469 Views
Post# 21646690

Western Forest Products made twice as much money as Interfor in Q2

Western Forest Products made twice as much money as Interfor in Q2
Western Forest made twice as much money and more as Interfor in Q2. Interfor has $200 million debt on the books and no dividend. Plus all their US Mills do not have timberlands attached to them and Interfor must compete on the open market for their logs. Log sellers can be a strange bunch. Just look at TimberWest? (all those trees and no lumbermills) Interfors upside maybe limited by US log sellers?. Western Forest is in a much better position imo. We should be trading around $1.85 by the first quarter of next year?. Maybe much more? if we see $350 to $400 commodity lumber prices within a  stronger US housing market. The current US supply of new homes is not keeping pace with US population growth. A super cycle in lumber maybe  just over the next hill...The share price  today may be dictated by some type of arbitrage? is that possible? until the Dutch Auction ends Aug 12? We'll see. All imho of course.
Bullboard Posts