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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 11, 2022 8:37am
253 Views
Post# 34954964

Canfor is not shareholder friendly.....unless you're Jimmy P

Canfor is not shareholder friendly.....unless you're Jimmy P
What a sham.
 
Canfor needs independent directors and management free of conflict from Jimmy Pattison.

Since Jimmy Pattison took over and replaced management and the majority of the directors, Canfor has become the least shareholder friendly of any company in Canada.

Look at the number of shares held by the directors and management.
 
There is no meaningful holdings or purchases since Jimmy Pattison took control of Canfor and replaced management.

This is the most under-owned public company by management and directors in Canada.

In contrast, Ray Ferris owns $3.4mm in West Fraser stock, Ian Fillinger owns $1.9mm.
 
Tell me Canfor hasn't been making a concerted effort not to promote the company's stock so that Jimmy Pattison can take over the minority shareholders with another low-ball offer.

What a sleezy car salesman Jimmy Pattison is.

Directors  Agenda   Shares Held per SEDI   Today's Price   Value of Stocks 
Glen Clark  Jimmy Pattison puppet                               2,000                                24.10                    48,200
Fred Stimpson  Jimmy Pattison puppet   None                                 24.10  Nil 
Dallas Ross  Jimmy Pattison puppet   None                                 24.10  Nil 
Conrad Pinette                             30,000                                24.10                  723,000
Ryan Barrington-Foote  Jimmy Pattison puppet   None                                 24.10  Nil 
Ross Smith  Jimmy Pattison puppet                               5,000                                24.10                  120,500
William Stinson  Jimmy Pattison puppet                            20,000                                24.10                  482,000
Stan Bracken-Horrocks  Jimmy Pattison puppet   None                                 24.10  Nil 
John Baird                             17,685                                24.10                  426,209
Diane Watts  ?   None                                 24.10  Nil 
Anders Ohlner  Jimmy Pattison puppet   None                                 24.10  Nil 
Dieter Jentsch                             20,000                                24.10                  482,000
Sandra Stuart  Jimmy Pattison puppet   None                                 24.10  Nil 
Don Kayne  Jimmy Pattison puppet                            19,247                                24.10                  463,853
                            113,932                2,745,761
             2,952,732,000
        0.0930%
         
      Jimmy Pattison puppets              1,596,553
        0.0541%
Management        
Katy Player   0                                24.10 0
David Trent   0                                24.10 0
Tony Sheffield   0                                24.10 0
Bob Hayes   831                                24.10 20,027
Pat Elliott   1,200                                24.10 28,920
Mans Johansson   0                                24.10 0
Kevin Pankratz   0                                24.10 0
Stephen Mackie   0                                24.10 0
David Calabrigo   0                                24.10 0
Don Kayne                             19,247                                24.10                  463,853
                              21,278                    512,800
             2,952,732,000
        0.0174%
         
Ray Ferris (West Fraser)                             39,452                                84.84        3,347,107.68
Ian Fillinger (Interfor)                             64,770                                30.28        1,961,235.60
Don Demens (Western Forest)                         845,000                                  1.52        1,284,400.00
         

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