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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 Apr 21, 2021 11:25am
124 Views
Post# 33037079

RE:RE:RE:Bank of Canada comments positive

RE:RE:RE:Bank of Canada comments positiveI agree with all the posters comments of this morning

Like Ben Graham use to say,most of the time MR Market get it right
but sometime, he goes on maniaco or depressive move.

This morning we are getting a gift from the investors who can't control their emotions
because lumber futures went from +$48 to -$48 yesterday and are down again this morning
Investors are not looking at the big pictures and being led by emotions.

Lack of emotion control is the worst enemy of neophyte investors

I too added to my position at $95.80

I would be happy with $600,$700, $800 lumber so to be down to $1250 give us 
a big cushion.

In a few weeks, we will look back at today's move as a blimp.

Time will tell
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