Interfor Corp T.IFP

Alternate Symbol(s): IFSPF

Forest Products Lumber & Wood Production

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

Interfor Corp > Price action - buy, sell or hold?

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Comment by OuijaFundon Jul 16, 2021 5:31pm

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Post# 33564061

RE:RE:RE:Price action - buy, sell or hold?

I bought back my full position from -5% and then all the way down today (knife catching-style). I'm hoping Friday's drop is overdone and a positive correction kicks in.

I'm trying to get a handle on fundamentals...

Q1 EPS $4.10
Q2 EPS $5.60 estimate
Q3 EPS guesses?

It seems realistic that IFP is trading at 2x FY earnings right now. That seems to be a BUY.

On the downside, lumber futures went below $600 today, and IFP's share price seems to be tracking the same downward slope.

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