Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 SandHeadson Feb 15, 2018 10:46pm
96 Views
Post# 27569542

2017 was a good year. Most metrics seemed to improved.

2017 was a good year. Most metrics seemed to improved.
Going from senior memory here.
Still debt free.
36 million in cash.
Liquidity up
log inventories up 
margins up
average selling price  $1,001/mfbm1
bought back 2.7 million shares
new facility in the US. Not sure if they lease or own it?
paid $15.8 million in export duties
Paid Operating restructuring costs of  $14.4 million in 2017, due primarily to the indefinite curtailment of our Somass sawmill and closure of the Englewood train.
At December 31, 2017, the Company and its subsidiaries had unused non-capital tax losses carried forward totaling approximately $43.9 million, which expire between 2033 and 2037, and can be used to reduce taxable income. In addition, the Company has unused capital losses carried forward of approximately $96.3 million, which are available indefinitely.


Hard to find any fault considering the poor type of year it was for timber harvesting and the massive severence which was a one time thing. Western seems to be in a great position going into 2018....
 
Bullboard Posts