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West Fraser Timber Co Ltd T.WFG

Alternate Symbol(s):  WFG

West Fraser Timber Co. Ltd. is a diversified wood products company. The Company is engaged in manufacturing, selling, marketing and distributing lumber, engineered wood products, including oriented strand board (OSB), laminated veneer lumber (LVL), medium-density fiberboard (MDF), plywood, particleboard, pulp, newsprint, wood chips and other residuals and renewable energy. Its products are used in home construction, repair and remodeling, industrial applications, paper, tissues, and box materials. Its segments include Lumber, North America engineered wood products (NA EWP), Pulp & Paper and Europe EWP. Its business comprises lumber mills, OSB facilities, renewable energy facilities, pulp and paper mills, plywood facilities, MDF facilities, particleboard facilities, LVL facility, treated wood facility, and veneer facility. The Company operates approximately 58 facilities in Canada, the United States, the United Kingdom and Europe. It also offers wood preservation services.


TSX:WFG - Post by User

Comment by dosperroson Dec 10, 2020 10:24pm
83 Views
Post# 32085966

RE:RE:RE:Dividend < 1%

RE:RE:RE:Dividend < 1%I hear you.  What's your Plan B's out of curiousity?

I had generally gone with Acadian (7%+), Northview REIT (bought out recently; was 6%) and Brookfield entities.

With only 2 board seats for OSB in WFT, they are not carrying the day.  It's a matter for the Ketchems, realistically.  I am not fussed.  I'd expect upside pushing 100% in this name in the next year.  I have better upside with RYAM, RFP, CFP -- any and all can push 200 to 250%.  

My Acadian shares?  Maybe 20% or $20 if I'm lucky.  I'll hit it with the rest, and buy the 7% yeild when I'm done.  

The merger is an imperative.  WFT is more ruthless.  Upstarts were circling.  That Quebec mill.  The ghost of Ft Nelson.  WFT has a better chance of aggresiive pre-emptive takeouts than OSB, who killed ANS, but that was a fluke as I think it was LPX or GP who initlaly failed.  OSB was a pretty lax operator.  We need to have some teeth and claws in this business.
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