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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

Comment by StefanSalvatoreon May 05, 2021 12:50am
146 Views
Post# 33130101

RE:RE:An article I stumbled upon today

RE:RE:An article I stumbled upon todayI'm banking on them improving by hitting at least 85% capacity so about 51 million board feet for Q1 is my guess. 

Ebitda may be as high as 19 million but most likely less as they incurred costs from the power plant disruption and of course the EBITDA from the power plant will be lower than the usual 3.5M. 

Net income may be 5 - 7 million so 0.14 EPS is about right. Remember in Q4 the average lumber price was $700, and production was 48 million board feet and we're looking at an average price of lumber going for $945 in Q1 so we'll see how they do on the production and shipping end.

Lets just hope they don't lose any money betting on lumber futures as they have done so recently in the past, but hopefully they have learned their lesson.
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