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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 madmax42on Jun 15, 2021 10:42pm
124 Views
Post# 33393689

RE:RE:RE:WEF stock irrational

RE:RE:RE:WEF stock irrationalLike some have said before the main reason why WEF is down is that lumber price are failling hard. In one month lumber price have gone from 1700 to 1000 and are still free falling. All the sector is down so nothing specific to WEF. Yes even at 1000 it's a lot higher that pre pandemic but the fall is killing the sentiment. Lumber price need to stabilise, then the share price will eventually rise again.
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