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Greenfirst Forest Products Inc T.GFP

Alternate Symbol(s):  ICLTF

GreenFirst Forest Products Inc. is focused on sustainable forest management and lumber production. The Company’s business involves the manufacturing, selling, marketing and distributing lumber and paper products. The Company operates in two segments: Forest Products and Paper Products. Through its Forest Products segment, the Company manufactures and markets a wide range of spruce-pine-fir (SPF) lumber products for use in residential and commercial construction with by-products from production sold to pulp-producers and the Company’s Paper Products segment. The Paper Products segment manufactures and markets paper grade products used to print newspapers, advertising materials, food service bags and other publications. The Company owns four sawmills located in rich wood baskets operating over six million hectares of FSC certified public Ontario forest lands (FSC-C167905). Its subsidiaries include Kap Corporation, Kap Paper Inc., GreenFirst Forest Products (Ontario) Inc., and others.


TSX:GFP - Post by User

Comment by mjh9413on Feb 04, 2022 2:06am
157 Views
Post# 34396103

RE:GFP.V continued rapid growth of the Company

RE:GFP.V continued rapid growth of the CompanyI was in GFP when it kept bouncing off the $1.60 mark and have decided to go back in around here. There is no distinct history or clear idea of the qtr's results to come as I for one see no fully defined sales projections or margins for their various products. However, simply taking the projections made in the Prospectus for the DEC 2021 year and deducting Q3's partial results one can get about 30c eps. This is confirmed when using the the annuailsed production figures they provided upon the purchase and the average mbf average prices in the qtr.. So, looks good to me at this price. The only thing contrary to this is the anticipated decline in average prices seen in Q4, BUT THIS DID NOT MATERIALISE (SO FAR) in the current qtr.
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