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Conifex Timber Inc T.CFF

Alternate Symbol(s):  CFXTF

Conifex Timber Inc. is a Canada-based forest products company, which operates fiber baskets in North America, northern British Columbia. The Company produces lumber products and renewable energy from its sawmill and bioenergy plant in Mackenzie, British Columbia. Its lumber products are sold in the United States, Canadian and Japanese markets. It also produces bioenergy at its power generation facility at Mackenzie, British Columbia. Its lumber products include J-GRADE, 2 AND BETTER, SELECT, STUDS, ECONOMY and 3. The Company operates a two-line sawmill in Mackenzie, British Columbia (the Mackenzie Mill). Its Mackenzie Mill has approximately 240 million board feet of annual lumber capacity on a two-shift basis. It operates a 36-megawatt biomass power generation plant in Mackenzie, British Columbia (the Power Plant), located at the site of its Mackenzie Mill. Its Power Plant's output capacity is in excess of 230 gigawatt hours (GWh) of electricity per year.


TSX:CFF - Post by User

Comment by Rational43on Jun 07, 2021 1:57am
307 Views
Post# 33338647

RE:RE:If CFF isn't buying back shares they deserve to be cheap

RE:RE:If CFF isn't buying back shares they deserve to be cheapLooks like 541.8K share cancelled at May month end and another 221K already in June, price around $2.40.

They have been buying non stop from May 14 to end of Month, So 1.7M shares since the start of the program, likely ~800,000 to go at these prices before maxing out on $5M before Sept 30.  

This cannot be stopped from $5 per share if they use their immense cash flow to reduce the share count when its still trading this cheaply.


Website has been redone, its looking at lot more professional.  

  
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