Canfor Corp T.CFP

Alternate Symbol(s): CFPZF

Forest Products Lumber & Wood Production

Canfor Corporation is engaged in the manufacturing of high-value low-carbon forest products, including dimension and specialty lumber, engineered wood products, pulp and paper, wood pellets, and green energy. The Company’s segments include lumber and pulp and paper. It produces renewable products from sustainably managed forests at more than 50 facilities across its diversified operating platform in Canada, the United States, and Europe. Its dimension lumber includes Spruce Pine Fir (SPF), Southern Yellow Pine (SYP), Douglas Fir Larch (DFL), and Canfor Red. Its specialty lumber includes Balfour Boards, WynnWood Boards, Decking/Fascia, Lamstock, Long Lengths, Shop/Clears, and Access Mat Lumber. Its engineered wood products include Glulam, and Power Joist. Its pulp products are Bleached Softwood Kraft Pulp, and Unbleached Softwood Kraft Pulp. Its paper products are Bleached Kraft, Coloured Kraft, and Unbleached Kraft. It also has a biomass cogeneration facility in Grande Prairie.

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Canfor Corp > how is it down after earnings?

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Comment by islandbrookon Apr 29, 2021 2:48pm

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Post# 33094831

RE:RE:RE:RE:how is it down after earnings?

Yes. Todays lumber for May is trading at $1454, ,up 49.6% over the $972 average for the first quarter.This implies a second quarter earnings of in excess of $4.00 ,at the very least a15% gain compared to the just reported quarter. With a consevative estimate of $7.50 for the first half and well through the double digit level even allowing for a slow down in the second half .Think of all the good news to come; an acquision or take over, or a stock buyback,or a dividend.Expect a round of target price increases by next week.

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