RE:RE:Next Week Thanks for chiming in dosperros. The problem with the list is the EBITDA is simply not there for CFX currently! The main asset is coming back from 2 back-to-back refurb which will make it that much reliable. The shipping has also been a problem, lets hope it's improving enough for us.
https://www.theglobeandmail.com/investing/markets/stocks/CFX-T/financials/
Look at the 2017 and 2018 here, we are in similar setup currently. If we settle on 200M EBITDA for valuation then we are on top of the list at ~ 1.5X EBITDA. We can do more than 200M, see 2018. So we are not only cheap, but CHEAP ;-) And also pulp is a less volatile, more steady and predictable segment than wood (but not enough of course).