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.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 Frost19on Mar 19, 2021 12:03pm
125 Views
Post# 32838227

RE:RE:RE:BAM.A Sale

RE:RE:RE:BAM.A SaleThanks for the info Life. 

BAM held 23.4M shares in Feb and now hold 18.4M shares. 

Like you suggest, its probably safe to say the last 300k shares in that company will be sold today or in the next week and will be interesting to see if the next ownership vehicle starts selling. 

It's not great for short term shareholders of BAM that has held the price down but it is actually good for WFG that they can buy back more shares cheaper which is in turn good for longterm shareholders of WFG.

Side note - I live outside Montreal and local lumber yard is running on empty, can't build inventories up at all. Truss quotes are taking 2x the normal time although deliveries only a few weeks delayed. The big contractors are not waiting for quotes, just saying "yes" to order without knowing the price because they don't want to wait. 

<< Previous
Bullboard Posts
Next >>