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Conifex Timber Inc T.CFF

Alternate Symbol(s):  CFXTF

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

Post by ValueCapon Oct 16, 2020 4:03pm
194 Views
Post# 31730215

Lumber Earnings Season

Lumber Earnings Season

We will get a sense of how the market is going to react with likely stellar q2 numbers from various producers starting next Friday the 23 with Canfor. October 27 for West Fraser, November 5 for interfor.

I expect we'll see analyst raise forecasts. I think the same will happen for CFF once they print a good q2. Q3 looks to be similar. 

Its interesting to see articles like this. Paul Quinn talking about the lumber market and companies being much more valuable than the market giving them credit for, but the market possibly still realing from 2018 and that's why stocks are lagging the lumber price runup 


https://financialpost.com/commodities/agriculture/investors-skittish-on-lumber-companies-despite-record-prices

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