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Conifex Timber Inc T.CFF

Alternate Symbol(s):  CFXTF

Conifex Timber Inc. is a Canada-based forest products company, which operates fiber baskets in North America, northern British Columbia. The Company produces lumber products and renewable energy from its sawmill and bioenergy plant in Mackenzie, British Columbia. Its lumber products are sold in the United States, Canadian and Japanese markets. It also produces bioenergy at its power generation facility at Mackenzie, British Columbia. Its lumber products include J-GRADE, 2 AND BETTER, SELECT, STUDS, ECONOMY and 3. The Company operates a two-line sawmill in Mackenzie, British Columbia (the Mackenzie Mill). Its Mackenzie Mill has approximately 240 million board feet of annual lumber capacity on a two-shift basis. It operates a 36-megawatt biomass power generation plant in Mackenzie, British Columbia (the Power Plant), located at the site of its Mackenzie Mill. Its Power Plant's output capacity is in excess of 230 gigawatt hours (GWh) of electricity per year.


TSX:CFF - Post by User

Post by Rational43on Apr 26, 2021 3:40pm
154 Views
Post# 33068400

Copper dogs running while CFF is taking a breather

Copper dogs running while CFF is taking a breatherGreat scenario when a couple of your biggest names run hard while another undervalued name you like takes a breather.
More cash to re-invest in CFF down the road at the same absurdly low price. 
Not that I would mind a run in CFF as well, there are always good names to roll profits into, but CFF is going to shock the market this year.  Power was down most of Q1, but the impact of lower tariffs and higher prices should be a good one.  

A dividend on the power earnings would be nice price boost, but being a greedy bast... what I really want is a much smaller share count.  Undoubtedly I'll be dissapointed with what's been repurchased so far, but here's hoping we get a promise of a Substantial Issuer Bid, as so many shareholders are currently willing to sell in the $2.50 range.

Ultimately its Q2 that is going to shock the market (although I hear from six months ago that the price of lumber has already fallen to $400 per mbf this quarter)....any day now I'm sure.       

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