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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 Mike.Jon Dec 20, 2013 8:10pm
226 Views
Post# 22029061

My Take

My Take


My take is they should keep doing exactly what they're doing. The divvy deposit to my account was nice.
 

To be honest with the way things are going I'd be disspointed if the company got bought out if it wasn't for a huge premium. Happy to wait for the steady increase and take in the divvy for waiting.

In response to canatouchi.... imagine if eacom didn't get bought out? I'm sure it would be trading above 38 cents with the recent bull market in housing/lumber.  I held eacom and made a pretty penny off it originally getting in at and average price at 11 cents and held till it got bought out but looking back with housing starts above one mil in the US Eacom would be looking pretty nice about now. Hard to complain about a buy out at a premium but when you have gold junior stocks in your portfolio have to make the most of the gains!

I didn't get into WEF early i bought in at about 1.13 looking forward to this one being a winner for next years to come. Will be trimming position so not to be even more overweighted than I already am. but still very bullish.

 

Mike

Bullboard Posts