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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

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Post by DADsaid37on Aug 28, 2018 5:05pm
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Post# 28532192

Share price

Share priceHighly unlikely for the price to retreat into the 40s. My guess is 52 ex div then a steady run up to 60+. Q3 earnings will determine the next move. Cant see similar earnings to Q2 but that was a record. Q3 should be solid given demand but prices are currently weaker so no Q2 repeat. But good solid earnings doesnt mean the street wont punish the stock. Ive see it before. Stupid investors dont like profitable companies. Just the way it is.
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