RE:ValuationYou keep writing " Less than 1X 1st quarter profit."
IFP made $4.01 in Q1.That's not 1x 1st quarter profit.
If lumber prices stay above $1000, they will make anywhere from
$15 to $20 / share.
That could be less than 2 time on a yearly bases but not 1x 1st quarter.
I agree it's one of the chaepest stock on the TSX,if not the cheapest
Tell me if i am wrong and don't understand what you are saying.
Take care