great quarternice to see the divy back, I definitelywasn't expecting it for another q or 2 but being retired it's obviously great to see.
earnings were very good and the debt reduction was more than very good, imho, lol.
I won't be selling any shares for at least a few more q's unless lumber prices crater which I don't think is of any concern for a while yet.
be careful on extrapolating the .09 / sh earnings going forward as it looks to me like a couple of cents are coming from the recovery of the export tax (adjusted ebitda was 71.1m with 31.6m coming from this recovery tax) so this won't happen every q. I could be wrong in this being part of the .09 eps .
lots of goodies this, debt down 50m to very reasonable level and no longer of any real concern, we got the divy back and if lumber remains robust chould increase a bit, anlaysts will be scrambling to ugrade projections, also this q should put us more on the radar of companies looking for aquisitions and private equity groups. We should easily get to the next resistance level in the low 1.80's, maybe a pit stop there to consolidate a bit and then onwards thru 2+ imho.
doing my happy dance this morning,lol.
cheers and gl ferret