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 > Canfor Pulp (CFX)

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Comment by Catscratchon Dec 03, 2020 3:32pm

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Post# 32030451

RE:RE:RE:RE:Canfor Pulp (CFX)

I would agree.

CFX generates incredible free cash flow when NBSK prices are over $700. If CFP were to execute a CFX acquisition just as NBSK prices start to turn up in the cycle they could have the investment pay itself off fairly quickly.

I think CFX is already pretty lean but some public company costs would fall away if it were wholly owned by CFP. Canfor could also allocate capital more effectively and intelligently between lumber and pulp segments if CFX was a wholly owned subsidiary. My guess if CFP would get approval for an acquisition in the $12 range.

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