Interfor Corp T.IFP

Alternate Symbol(s): IFSPF

Forest Products Lumber & Wood Production

Interfor Corporation is a Canada-based forest products company. The Company and its subsidiaries produce wood products in Canada and the United States for sale to markets around the world. It operates through the solid wood products segment. The Company’s product categories include Dimension Lumber, Specialty Lumber and Engineered Wood Products. Its products include Spruce-Pine-Fir, Douglas Fir-Larch, Hem-Fir, Southern Yellow Pine, Western Red Cedar, Douglas Fir-Larch, and P3-Joist. Its sawmills provide a diverse range of sustainable products to supply North American markets with a complete offering of framing materials. Its Western Red Cedar products include Elite Decking, Elite Fascia & Boards, Elite V-Joint Paneling, Elite Fineline Paneling, Elite Channel/Lap Siding, Elite Bevel Siding and Elite Shadow Gap Siding. It has an annual lumber production capacity of approximately 5.0 billion board feet and offers a diverse line of lumber products to customers around the world.

TSX:IFP - Post by User

Interfor Corp

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Comment by Samsda1on Aug 03, 2018 1:30pm

101 Views

Post# 28411381

RE:RE:Why has this stock dropped so much in the last 10 days?

Well nothing wrong with Q2 - they were outstanding.

So the selling must be due to the large shareholder continuing to sell (although they must be getting close to disposing of their 3 million shares). Also the price of lumber has fallen dramatically over the past couple of months from $630 to $495 currently.

However this company is becoming a machine - no debt and rebuilt plants. Keep buying and you will do great. Eventually the market will become rational.

Cash flow of $1.76 per share in the last Q - damn that is nice.

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