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Western Forest Products Inc T.WEF

Alternate Symbol(s):  WFSTF

Forest Products Lumber & Wood Production
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

Western Forest Products Inc > Demons Selling
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Comment by bbwiboneon Mar 29, 2021 12:53am
155 Views
Post# 32896530

RE:RE:RE:RE:Demons Selling

RE:RE:RE:RE:Demons SellingThis is the first insider selling in a long time, but your point that he recently exercised 465,000 options puts it in perspective. About 1/3rd of the sale would just be covering taxes. The demand for forest products remains just incredible, with a huge amount of product buying still on the sidelines, and is not changing anytime soon. Would anticipate a move here by WEF soon, similar to other companies like IFP and WFG.
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