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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 dosperroson Apr 19, 2016 12:15pm
124 Views
Post# 24784006

RE:RE:A Percentage Game / Pessimistic / Getting Out

RE:RE:A Percentage Game / Pessimistic / Getting Out

Agree.  It's the old Buffet-ism of time in the market, rather than timing the market.

Fundamentally, the forestry equities are valuable because they are  leveraged to the US housing recovery.  This will create the Supercycle; with higher demand, lower supply, and wild pricing.

WEF is not a big player here -- they are the protected, safe, stable and unique play on the coast.  They're not buying up assets, or even positioning themselves to make bug gains to the year 2020 -- slow and steady.  Allocate assets based on what works, what it cheap, and what will grow...  and avoid being married to a position. 

Finally, if I was older I'd be heavier to WEF b/c it's stable.  It's not-imitable.  It's unique. I've got 35 years though until retirement so I'm going to go heavy on the growth plays. 

Bullboard Posts