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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 Feb 05, 2020 12:04pm
107 Views
Post# 30646349

RE:RE:RE:RE:RE:NO CONTRACT = LOWER SHAREPRICE ....

RE:RE:RE:RE:RE:NO CONTRACT = LOWER SHAREPRICE ....The share price could tumble to 40 cents and it would not make WEF more or less profitable.   It does not affect westerns financial strength or weakness.    Private companies like Tolko have no listed share price and they are very financially secure.
   The Pattisson Group Save on Stores , Canfishco and the other 57 + companies Jimmy owns have no share price declared and they are just fine.  

  Management is doing exactly what the majority big volume share buyers or investors want.      Share price is dropping,  company is still in great financial shape.     It's  asset B/V is $1.58.   Nornal high trading range for the forest industry is 1.8% > B/V .   That makes the future expected eventual high with the reduced share count in the $3.18 to $3,25 range.

  So as long as the financial stability of the company remains solvent . The lower the share price drops with this strike the better the entry point for maximizing profit.   The same institutions who may have offloaded now or higher will be back in at  lower  prices for profit.      That is the difference between uneducated retailers and financial managers.

  Retailers buy the hype and sell from fear after price drops.    Fund managers buy after the drop and sell the highs.       There is no fear of not having institutional participation here when it finally bottoms.     I would suggest it is the institutions who have sold and shorted WEF driving down.  When they cover their shorts they will then reverse strategy and go long for the ride back up.
 
   Easy to tell you are not very astute  when it comes to market strategy. 
Bullboard Posts