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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 lifeisgood1010on Mar 10, 2021 12:02pm
93 Views
Post# 32763075

RE:RE:RE:RE:RE:RE:54% increase in dividend

RE:RE:RE:RE:RE:RE:54% increase in dividendIt will be reported on SEDI after friday but the way WFG is trading, i would not be surprised if they are still reducing their position.

What's more interesting for me has a shareholder is the amazing wealth creation of these lumber company.

The March contract is at $986
The May at $912 (the most active one)
The July at $832

Most USA lumber company are at all time high.OK, i get it that they are different beasts and have different caracteristics then their CDN counterparts but there is a chasm in the multiples and valuation between Canadian and US lumber stocks.

And yes,i get it that they don't have the BC legislation problems and cost associated but WFG,IFP and CFP have a good
portion of their mill in the US and a bit in the EU (WFG and CFP).

The  HUGE valuation gap is a conundrum to me.
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