what's CFX capital allocation strategy ? Here we are fellow shareholders, owning a debt-free company that net earns an average of 1$ yearly per share over the last 11 years. It has no debt, it no longer do buyback, it no longer distribute a dividend. Why and what's next ? an acquisition ? be bought ? The market gives no respect to this stock... or is manipulated?
The NBSK pulp product has a bright present and future. How much is 1$/sh earning from an un-leveraged cash-flowing asset worth ? Far more than 7$/sh. Far more than 9$ book value. So much potential for using low-cost debt to acquire/leverage and magnify returns!
About my worst performing stock this year yet it has the best metrics!