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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 Dadsaid2on May 07, 2021 9:25pm
160 Views
Post# 33158603

RE:RE:RE:RE:RE:Pretty sad

RE:RE:RE:RE:RE:Pretty sadGeez dos you got more numbers here than the WFG report. LOL ... Anyway if everyone doesn't know lm a Norbord guy. I found OSB easier to predict than lumber but l did follow lumber companies for intell but not as an investor. That said Norbord had a variable dividend plan (rare in stock game), but pretty sweet for shareholders. Im sure BAM enjoyed their dividends over the years. So when the takeover was announced l was extremely disappointed knowing the lumber/OSB cycle was in full swing and my investment strategy just took a kick.in the A$$. I get what WFG is doing, debt, capex, share buyback etc but my point is this was an opportunity to get a different type of investor to take a look. Say they raised div to 60 cents...yes its $70 milllion but knowing Q2 prices its no big deal. Its like a rounding error. But it would hit the headlines..."West Fraser Triples Dividend" They could even adopt the variable plan to cover their butt and lower it at any time. Just saying it was a great opportunity that the WFG braintrust missed.....IMO. GLTA....PS....VIVA LA Norbord.
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