Canfor Corp T.CFP

Alternate Symbol(s): CFPZF

Forest Products Lumber & Wood Production

Canfor Corporation is engaged in the manufacturing of high-value low-carbon forest products, including dimension and specialty lumber, engineered wood products, pulp and paper, wood pellets, and green energy. The Company’s segments include lumber and pulp and paper. It produces renewable products from sustainably managed forests at more than 50 facilities across its diversified operating platform in Canada, the United States, and Europe. Its dimension lumber includes Spruce Pine Fir (SPF), Southern Yellow Pine (SYP), Douglas Fir Larch (DFL), and Canfor Red. Its specialty lumber includes Balfour Boards, WynnWood Boards, Decking/Fascia, Lamstock, Long Lengths, Shop/Clears, and Access Mat Lumber. Its engineered wood products include Glulam, and Power Joist. Its pulp products are Bleached Softwood Kraft Pulp, and Unbleached Softwood Kraft Pulp. Its paper products are Bleached Kraft, Coloured Kraft, and Unbleached Kraft. It also has a biomass cogeneration facility in Grande Prairie.

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Canfor Corp

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Comment by cathychooon Apr 04, 2019 2:36pm

241 Views

Post# 29583490

RE:RE:RE:The gamble

I would suggest that it's a couple of things (among many): 1) Lumber prices falling from close to $500/unit early last summer to the current $360/unit; and 2) the two recent acquisitions and their impact on the balance sheet. The new housing starts outlook in the U.S. also doesn't look that promising, which is impacting lumber prices.

It's interesting to note that the shares of Canfor and Interfor, two seemingly similar companies, have performed remarkably different since November 12, 2018. Canfor shares are down more than 25%, while shares of Interfor are up more than 15%.

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