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Interfor Corp T.IFP

Alternate Symbol(s):  IFSPF

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 4.7 billion board feet and offers a diverse line of lumber products to customers around the world.


TSX:IFP - Post by User

Post by drunk@noonon Feb 17, 2022 9:54am
178 Views
Post# 34437708

hopefully no more brain-dead moves like special dividends.

hopefully no more brain-dead moves like special dividends.Keep cash on balance sheet for share buyback once shareprice drops in the second half of year or two increase capacity once the price of lumber drops and assets are cheaper to buy. The story here is how much cash per share flows to the balance sheet with this mind-blowing, but short lived prices. Hopefully 15-18 dollars comes through the door in q1 and q2. Don't think of eps as sustainable earnings, but think of it this way. Special div makes no sense, as the shareprice drops with whatever goes out the door. ie. IF they announce a 2 dollar dividend, shareprice drops by2 dollars, while shareholders wait for their 2 dollars in cash.
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