RE:CIBCRetiredDCF, you are the man.
this is excellent. Thank you for sharing.
I view CIBC as the least bullish of RBC, RJ, and TD.
I disagree w.r.t. capacity adds being a headwind. I think the maket can absorb this, unlike 2013. Plus, a big one is Norbord Alabama, so that will fall into supplier discipline.
Pricing evidence tends to peak 1-3 years after a disaster. Not right away. They are still cleaning up and settling insurance. This is "chicken little" mentality.
Cut your losses, and let your gains run.
#let it run
ps -- anything you could share with me as a message re: "Join Us On Friday, September 29 at 10:30 a.m. ET: We will be hosting a conference call with FEA's OSB and lumber experts. "
Thx