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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 ERTguyon Oct 28, 2017 10:06pm
156 Views
Post# 26872736

Lumber price 450

Lumber price 450Well the anticipation of breakout lumber prices has happened. Why this stock hasnt followed is beyond me. Monday may be a very interesting day in the markets as Mueller has filed charges yesterday in relation to the Russian probe investigation. If this stock goes any lower Im going to start getting more aggressive on the buying. With IFP and WFT surging, and the Canadian dollar dropping I can only attribute this downside to lack of news/short term interest. We clearly have a significant amount of ground to make up here with the tail winds continuing to pick up velocity. This is one of the most obvious drops to buy into in the current market conditions IMO.
Bullboard Posts