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Interfor Corp T.IFP

Alternate Symbol(s):  IFSPF

Interfor Corporation is a Canada-based forest products company. The Company and its subsidiaries produce wood products in Canada and the United States for sale to markets around the world. It operates through the solid wood products segment. The Company’s product categories include Dimension Lumber, Specialty Lumber and Engineered Wood Products. Its products include Spruce-Pine-Fir, Douglas Fir-Larch, Hem-Fir, Southern Yellow Pine, Western Red Cedar, Douglas Fir-Larch, and P3-Joist. Its sawmills provide a diverse range of sustainable products to supply North American markets with a complete offering of framing materials. Its Western Red Cedar products include Elite Decking, Elite Fascia & Boards, Elite V-Joint Paneling, Elite Fineline Paneling, Elite Channel/Lap Siding, Elite Bevel Siding and Elite Shadow Gap Siding. It has an annual lumber production capacity of approximately 5.0 billion board feet and offers a diverse line of lumber products to customers around the world.


TSX:IFP - Post by User

Comment by JohnnyTSXon Jun 01, 2021 8:47am
157 Views
Post# 33301909

RE:RE:IFP is discounted to US $550-$600 lumber

RE:RE:IFP is discounted to US $550-$600 lumberThanks for the post, Stefan. Tbh, I don't think I've ever been more frustrated with a stock performance than I am with IFP right now. It hyper reacts to steps down in the future market and completely ignores the fact that the cash market is detatched (ie presently higher) from the futures market. When the dust settles in lumber prices, and it will eventually, we will be in the 750-1000 range. 400-550 lumber prices will be a thing of the past. There is just too little supply to meet the NA demand. At those prices, mills are still generating FCF at a very healthy rate. As a few others have mentioned, with the SP suppressed as it is, I'd like to see IFP aggressively buy back as many shares as possible right now with any excess cash. I could care less about the special dividends.
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