Conifex Timber Inc T.CFF

Alternate Symbol(s): CFXTF

Forest Products Lumber & Wood Production

Conifex Timber Inc. is a Canada-based forest products company, which operates fiber baskets in North America, northern British Columbia. The Company produces lumber products and renewable energy from its sawmill and bioenergy plant in Mackenzie, British Columbia. Its lumber products are sold in the United States, Canadian and Japanese markets. It also produces bioenergy at its power generation facility at Mackenzie, British Columbia. Its lumber products include J-GRADE, 2 AND BETTER, SELECT, STUDS, ECONOMY and 3. The Company operates a two-line sawmill in Mackenzie, British Columbia (the Mackenzie Mill). Its Mackenzie Mill has approximately 240 million board feet of annual lumber capacity on a two-shift basis. It operates a 36-megawatt biomass power generation plant in Mackenzie, British Columbia (the Power Plant), located at the site of its Mackenzie Mill. Its Power Plant's output capacity is in excess of 230 gigawatt hours (GWh) of electricity per year.

TSX:CFF - Post by User

Conifex Timber Inc

Bullboard Posts

Comment by dosperroson Feb 13, 2020 10:19am

77 Views

Post# 30685520

RE:RE:Vision for the future.

Good news in BW and Verso -- that's quite the win for them.

With Donald Smith it was news to me. I see this is as of Jan 2020, reported here.
https://www.morningstar.ca/ca/report/stocks/ownership.aspx?t=0P00009NNC

The other holdings align with what I know so I'm inclied to think this is accurate. Moreover, EV/EBITDA is the big tool for deep vlaue plays and CFF is likely trading at 3.5x now, and coud easily move to 1.5x if they skipped the div and paid back the remaining non-recourse $60M of powerplant debt. So make sense they would be in this it's free money -- IF they get the right mgmt and board teams in place.

I'm back to being optimisitc about this one.

Bullboard Posts

Sirios Resource discovers visible gold in Quebec