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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 ahson Sep 23, 2018 12:41pm
153 Views
Post# 28673120

About falling share price.....

About falling share price.....The downward trend may be justified.  Lumber futures have gone from $640 to $342 in the past 4 months, and the last housing starts figures were down near 10%.  Also interest rates are rising.  The prospects of Democrats gaining at least partial control of the house could also dampen enthusiasm for 2019, as the economy will no longer have gas being fed to it.  
So the short term outlook could well be more declines.  But WEF is still a well run company with excellent financials and I for one will be placated with a 4% dividend and a longer term outlook that is rosy.  A good outcome for the Nafta talks could give a sharp boost in the short term but I'm not holding my breath on that.  
Bullboard Posts