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Western Forest Products Inc T.WEF

Alternate Symbol(s):  WFSTF

Western Forest Products Inc. is a Canada-based integrated forest products company building a margin-focused log and lumber business to compete in global softwood markets. The Company’s primary business is the sale of lumber and logs, which includes timber harvesting, sawmilling logs into specialty lumber, value-added lumber and glulam remanufacturing, and wholesaling purchased lumber. It has a lumber capacity of approximately 885 million board feet from six sawmills, as well as operates four remanufacturing facilities and two glulam manufacturing facilities. The Company's product categories include outdoor living, exterior appearance, LIFESTYLE CEDAR, interior living, structural, industrial and WFP engineered products. Its outdoor living products include decking, timbers and fencing products. Its LIFESTYLE CEDAR products include LIFESTYLE CEDAR Decking and LIFESTYLE CEDAR Fencing. Its WFP Engineered Products include curved and arched glulams, straight glulams, and fabricated trusses.


TSX:WEF - Post by User

Comment by dosperroson Jun 02, 2021 9:48am
152 Views
Post# 33309995

RE:Joe455 and one true king nailed it !!

RE:Joe455 and one true king nailed it !!

Did they nail it?  Did they, really?  I have a hard time believing this given opportunity cost. I don't "recommend" anything as it's inappropriate and I'm not a charlatan, but I do post analysis and indicate what I am doing from time
to time. I owe myself and any poor sap who followed me an apology for doing just this in Conifex at "under a dollar". Year over year they are up 390% but it was needlessly risky, and a comparatively poor use of capital at the time, about a year ago. 


Whereas I did the same with Resolute at $3 and exited recently at $20. That 580% was a more illustrative benchmark for the sectors' recovery. Sure picking up 180% on WEF is good, but context matters when you're basking in praise as Interfor is up 200% in the same period and they have far less: geographical risk, currency risk, trade dispute risk and perhaps more upside to a takeover premium should the analysts be believed. 


Lastly, I'm not religious other than believing Mr Rhino Power is the 2nd coming of Buffett, but saying a dude called "one true king" "nailed it" seems like a poor choice of words, no?

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