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Norbord Inc. T.OSB

"Norbord is the largest global producer of oriented strand board, which is used as a structural panel for building applications. The majority of its mills are located throughout the United States, with additional capacity in Northern Europe."


TSX:OSB - Post by User

Bullboard Posts
Post by DADsaid37on Oct 26, 2016 11:36am
164 Views
Post# 25387666

RE : BNN guests opinions...lol

RE : BNN guests opinions...lolNorbord basically is 100% OSB in North America so softwwod agreement does not affect them.  Secondly, watch for Q3 earnings coming out within a week.  That should take care of the cash flow concern.  Q4 looking solid as well with US housing starts decent, big US builders going all out for year ends and US vs Can dollar exchange rate is quite favorable for Norbord's Canadian production.  This should make Norbord's year end 2016 fiscal the best in 5 years with 2017 looking similar.

Most BNN guests are experts in talking not research and facts.  Buy on the dip, consensus is like
$37-39.
Bullboard Posts