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 > BC lumber prices

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Comment by islandbrookon May 09, 2021 3:01pm

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Post# 33162252

RE:BC lumber prices

Agreed. We are in sync. Based on Friday's lumber futures and a couple of conservative assumptions gets earnings for CFP of $15-$18 a share for 2021.Giving the earnings a 4 PE, (only slightly above the concensus PE of 3.7 times derieved from the current estimate of $.11.28 and $42 target), gives a price target tof $60 to $72. At that level a 20% dividend pay-out ratio seems reasonable. The overall result would be a stock selling at a 4 PE and a 5.00% yield.Closer to reality than a dream.

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