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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 SandHeadson May 15, 2018 12:34pm
100 Views
Post# 28033247

WEF Q2 should be a record quarter I would think?

WEF Q2 should be a record quarter I would think?
In Q1 the company built their log inventories up to what they should be and if they are running their mills all out like I would expect, they should turn in a record quarter at todays prices. Also when you look at Q1 you have to wonder what the profits would be if they reported in GAPP.  Maybe the company is much stronger then what the the numbers are showing shareholders? Maybe the company is being gift wrapped for a sale? Why they didn't increase the dividenf to 3 cents, when they have ample cash, is beyond belief. I'm sure they wouldn't do a aquisition at this stage in the market with such a low share price. So why not return some more money to shareholders?
Bullboard Posts