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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 wmstockon Mar 20, 2015 8:28pm
189 Views
Post# 23545825

Accumulating at these levels...

Accumulating at these levels...I wasn't to happy with the end of day trading but I also didn't mind, it gave me a chance to accumulate at these levels. Sold about 60% of my shares above $2.5. Been Nibbling my way down since it's hard to distinguish a bottom.  I have about 20% left which I am hoping to buy in around the $1.7-$1.8 but the stock seem to be holding around $1.9 +/- .005. The fact is you can't go wrong establishing a position at these levels, collect the dividends and take the ride back up. I'm long don't mind the wait until the Bulls return. IMHO.. Have a good weekend.
Bullboard Posts