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Canfor Corp T.CFP

Alternate Symbol(s):  CFPZF

Canfor Corporation is engaged in the manufacturing of high-value low-carbon forest products, including dimension and specialty lumber, engineered wood products, pulp and paper, wood pellets, and green energy. The Company’s segments include lumber and pulp and paper. It produces renewable products from sustainably managed forests at more than 50 facilities across its diversified operating platform in Canada, the United States, and Europe. Its dimension lumber includes Spruce Pine Fir (SPF), Southern Yellow Pine (SYP), Douglas Fir Larch (DFL), and Canfor Red. Its specialty lumber includes Balfour Boards, WynnWood Boards, Decking/Fascia, Lamstock, Long Lengths, Shop/Clears, and Access Mat Lumber. Its engineered wood products include Glulam, and Power Joist. Its pulp products are Bleached Softwood Kraft Pulp, and Unbleached Softwood Kraft Pulp. Its paper products are Bleached Kraft, Coloured Kraft, and Unbleached Kraft. It also has a biomass cogeneration facility in Grande Prairie.


TSX:CFP - Post by User

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Post by Apaulsonon Sep 08, 2022 10:46am
155 Views
Post# 34949285

CFP trading at $105 CAD per thousand board feet of lumber

CFP trading at $105 CAD per thousand board feet of lumberCFP is trading at $105 CAD per thousand board feet.  The market has absolutely no confidence in managment.

Price - 2022-09-08 Low                             23.00
Shares outstanding                122,520,000
Market cap            2,817,960,000
   
Net cash - end of Q2            1,267,000,000
   
Duties on deposit - end of Q2                849,000,000
Estimated recovery rate 75%
Estimated recovery of duties                636,750,000
             2,116,000,000
   
Market cap            2,817,960,000
Net cash - end of Q2            1,267,000,000
Estimated recovery of duties                636,750,000
Market cap less net cash and duties                914,210,000
   
Mbf Capacity - 2022                    6,700,000
   
Price per Mbf (CAD)                                136
Price per Mbf (USD - 1.3 x-rate)                                105
   vs. 
Random Lengths Futures - Nov.                                486
   

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