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Goodfellow Inc T.GDL

Alternate Symbol(s):  GFELF

Goodfellow Inc. is a diversified manufacturer of value-added lumber products, as well as a wholesale distributor of building materials and floor coverings. Its business activities related to remanufacturing and distribution of lumber and wood products. It produces wood, wall concept, insulation and soundproofing, panels, floor, coating, specialties, terrace and roof. Its services include custom-made wood manufacturing; comprehensive and personalized carpentry services; HUNDEGGER K2i technology; wood treatment (MicroPro, CCA, ACQ and Flame Retardant); just-in-time and direct-to-job delivery; truck and container loading, and export preparation and packaging. It has a distribution footprint from coast-to-coast in Canada servicing commercial and residential sectors through lumber yard retailer networks, manufacturers, industrial and infrastructure project partners and floor covering specialists. It also leverages its value-added product capabilities to serve lumber markets internationally.


TSX:GDL - Post by User

Comment by BB123456on Oct 13, 2021 5:50pm
177 Views
Post# 34003059

RE:Huge dividend coming

RE:Huge dividend comingYou seem to understand Goodfellow well.  Do you know how they manage their inventory?  It was quite high in Q3, and, while they did manage the lumber price decrease well and maintain profits in Q4, I wonder if perhaps they use LIFO inventory management and have a lot of expensive wood in their investory which could hurt profits in the future.

But I agree, I expecta very large dividend this fall.  I was thinking over $1.00 unless they have plans to grow the business or acquire something. 
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