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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 SandHeadson Feb 16, 2018 11:55am
97 Views
Post# 27572650

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

RE:RE:2017 was a good year. Most metrics seemed to improved.
I think they are managing their profit number to the lowest level possible. They could show much higher earnings if they wanted to. The  strategy seems to be to grow the business and avoid paying unneccessary taxes. However they are also loading themselves up with free shares. So there is a huge entitlement factor at play here like there is at Interfor. I think they have reserved 20 million shares for themselves. But they are posting incredible results and I suspose they justify the greed by that metric..
Bullboard Posts