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Western Forest Products Inc T.WEF

Alternate Symbol(s):  WFSTF

Forest Products Lumber & Wood Production
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

Western Forest Products Inc > 4rth quarter should report excellent results
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Post by astuteinon Dec 20, 2020 7:28pm
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Post# 32150047

4rth quarter should report excellent results

4rth quarter should report excellent results

Reported EBITD OF 33.7 million.

Re-stateed 3 idle mills due to strike and otherwise.   Coucher , Ladymill, & alberno in 3rd quarter and will see the results of all operating plants and divisions in 4rth quarter.  Repaid 32.8 of debt.

Lumber prices at year-end high with high demand of lumber market.

I believe once the 4rth quarter is finished and people in know results for fourth quarter stock will start to rise before results announced in February.

I believe the rise to $ 1.21 is as a result of above and upward increase towards $ 1.50 by February.

 

I invite comments relative to above.   thanks

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