Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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 14, 2021 2:13pm
126 Views
Post# 32795352

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

RE:RE:RE:RE:RE:RE:54% increase in dividendNo but i am still tracking BAM selling and there are still reducing their position.

They sold 736505 shares for the week and the "Entity" that is selling still has 994,100 shares.
So if they want to reduce it to zero it should take them less than 2 weeks.

Who knows if the other 3 BAM entity will keep or sell some of their position.

Over the past 18 trading sessions,BAM has sold 4,428,932 shares.For sure, this is putting a little bit of pressure on WFG

WFG bough 307,906 shares for the week taking the count to 744,273 or 12.3% of the NCIB.

So far it only cost WFG $61.5m to retire these shares.

Will say it again, what will they do with all of the cash pouring in?

Staying long on these superb company.They have never been so profitable and never had so solid balance sheets.

Don't know how long it will take for the correction to end but i am very comfortable being an owner of these lumber company.

Take care






<< Previous
Bullboard Posts
Next >>