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 > WEF $2.14 On low volume

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Comment by ferret_caon Apr 21, 2021 1:20pm

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Post# 33037896

RE:RE:RE:RE:RE:WEF $2.14 On low volume

"No idea why it's down today and trying to figure that out myself. "

lumber futures are down from 4 months out and further and there was a recent article about how the price of logs is actually quite low, wef exports a fair amount of logs. the market corrected a bit and people are booking some profits and moving to higher quality names, I see it more of a breather and consolidation, it move from 2 - 2.20 fairly quickly, I'm not selling any yet, at some point I'll start trimming some

cheers ferret

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