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 sassysarahon Jun 02, 2019 8:26pm

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Post# 29792795

RE:RE:value destruction

CFP paid about 700 Canadian MFBM for the VIDA and ELLIOT assets, as measured by forestry analysis and now is valued at about 170 Canadian MFBM, (all occurred in about 6 months.)

CFP was well-positioned to withstand the clear downturn in the forest industry, they had an excellent balance sheet, for some reason they expanded the company rather than preserving the balance sheet. End result = 2.7 billion decline in value. ‎

The company appears undervalued, last year they (estimate only) purchased back equity at about 23$ average and now at about 9$ it appears the company does not believe it is good value, have not seen any equity buy back in 2019.

Company direction appears very confusing, & there is no accountability!

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