RE:RE:WEF Stratedgy Shift to International Markets
Stock market share value is not reflective of intrinsic fundamental share value. Stock markets can over and under value shares.
In the case of WEF the stock market is undervalueing WEF. WEF currently has the highest share buy back program it has every had.
That means equity value per share is increasing as WEF removes shares off the secondary market. That has not been reflected in its stock market price.
Also, the stock market price has yet to factor in the elevated price of lumber and change in WEF stratedgy the circumvent U.S. duties and secure premium prices in international markets over domestic prices.
However, that is begining to change as momentum is picking up in WEF's share price.