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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
Comment by louelon Nov 05, 2019 11:10am
120 Views
Post# 30310358

RE:Two numbers I will be looking at in Q3

RE:Two numbers I will be looking at in Q3Company cannot run efficiently in todays world if there is not sufficient staff to keep up with the paper trails.   A lot easier to replace and train  mill workers than it is to find and train those who are educated in the office.     A mistake made by a member of the labour force can cost a few dollars till caught.     A mistake in or late filings, permitting, information provided to managment, break in the paper chain,  can cost the company  millions.   Not including penalties by government.  

   The first thing to watch is the Dividend  Paid or not when the company is now down.   If it is temporarily cancelled.  It would signal the company pretty set in not capitulating to some of the overbearing demands the union has put forth.   And they are preparing for a lengthy fight. 

  The EPS will no doubt be negative.   Saving $8 Million a quarter saved with no Div. is over $32 Million a year.   And helps the financial picture expotentially. 
   
Bullboard Posts