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Western Forest Products Inc T.WEF

Alternate Symbol(s):  WFSTF

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

Post by astuteinon Feb 18, 2021 8:17pm
140 Views
Post# 32605803

Dividend re-instated .01 per quarter

Dividend re-instated .01 per quarter

Market did not anticipate earnings of.09 dividend reinstatement.

Also NIB.

Strong outlook for next quarter.  Sounded all positive.  one and half months into quarter so they basically know projected results for next quarter.

Analysts will be shocked by results, dividend re-instatment and NIB

 

All our mills are firing at full capacity, strong demand for products,  record lumber prices.

Should be $2.00 tommorow.

 

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