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Norbord Inc. T.OSB

"Norbord is the largest global producer of oriented strand board, which is used as a structural panel for building applications. The majority of its mills are located throughout the United States, with additional capacity in Northern Europe."


TSX:OSB - Post by User

Post by DADsaid37on Aug 20, 2018 3:13pm
154 Views
Post# 28488339

2 answers at once.

2 answers at once. 1. BC fires will log supply and reduce OSB supply somewhere down the road. Norbord had to shut at mill for over a month this spring due to log shortage caused by 2017 fire. Looks like it is happening again. Good for the long run. 2. 100% special div. Share price went from 58 to 49 for some stupid reason. Div brought price back up but the big push would have come from Brookfeild who still owns 49%. Big pay out for their books but they always have supported Norbord.
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