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Canfor Pulp Products Inc T.CFX

Alternate Symbol(s):  CFPUF

Canfor Pulp Products Inc. is a Canada-based global supplier of pulp and paper products with operations in the central interior of British Columbia (BC). The Company operates through two segments: pulp and paper. The pulp segment includes purchase of residual fiber, and production and sale of pulp products, including Northern Bleached Softwood Kraft (NBSK) pulp and Bleached Chemi-Thermo Mechanical Pulp (BCTMP), as well as energy revenues. The paper segment includes production and sale of paper products, including bleached, unbleached, and colored paper. Its products under the solid wood category include dimension lumber, specialty lumber, and engineered wood products. It produces green energy in its lumber and pulp facilities across North America. The Company owns and operates three mills in Prince George, BC with a total capacity of about 780,000 tons of Premium Reinforcing Northern Bleached Softwood Kraft (NBSK) Pulp and 140,000 tons of kraft paper.


TSX:CFX - Post by User

Post by Fibermanon Apr 23, 2021 2:52pm
292 Views
Post# 33056568

Is CFX undervalued based on Pulp Pricing Q1/Q2?

Is CFX undervalued based on Pulp Pricing Q1/Q2?This stock should move upwards. Undervalued? Global pulp prices are very high. Pulp pricing should show well and be reflected in the Q1 results. Believe they announced next week. Q2 Results should be strong based on forward pricing. My guess is that CFX brings back a dividend once they go from last years poor result and into a profitable position 2021. CFP parent will be swimming with cash from record Lumber pricing. Perhaps they use that cash to buy out the remainer 49%? I believe this stock is not priced well under $10. China pulp pricing is $980+. Last time in 2017/18 when pulp was over $900 CFX had a good dividend and a share price over $20. 
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