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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 kazzpozzzon Apr 21, 2021 9:45pm
106 Views
Post# 33042439

RE:WTF-specfic drop

RE:WTF-specfic dropUnlikely to issue new shares if they do 2B shelf. Correct me if i'm wrong but a shelf registration allow you to sell shares on a second market without dilution on the first one ( public market). I think retailers+big money takes profits after wild run of last month expecting indexes to correct near 4-5% in May. The real question is why they do a shelf for 2B that seems such a big numer while they already have plenty of cash right now! they even paid OSB senior notes. 2B is a very hugh number for the industry, i really think they are going for big acquisition and they are targeting big player. Could be in the US like LPX and UFPI or on the Canadian side like IFP ( unlikely CFP but who knows)... 
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