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Canfor Pulp Products Inc T.CFX

Alternate Symbol(s):  CFPUF

Canfor Pulp Products Inc. is a Canada-based global supplier of pulp and paper products with operations in the central interior of British Columbia (BC). The Company operates through two segments: pulp and paper. The pulp segment includes purchase of residual fiber, and production and sale of pulp products, including Northern Bleached Softwood Kraft (NBSK) pulp and Bleached Chemi-Thermo Mechanical Pulp (BCTMP), as well as energy revenues. The paper segment includes production and sale of paper products, including bleached, unbleached, and colored paper. Its products under the solid wood category include dimension lumber, specialty lumber, and engineered wood products. It produces green energy in its lumber and pulp facilities across North America. The Company owns and operates three mills in Prince George, BC with a total capacity of about 780,000 tons of Premium Reinforcing Northern Bleached Softwood Kraft (NBSK) Pulp and 140,000 tons of kraft paper.


TSX:CFX - Post by User

Comment by Fibermanon Nov 29, 2022 4:57pm
140 Views
Post# 35137910

RE:Where is this going?

RE:Where is this going?CFX Insiders show little interest towards long term investors of the company. If your Canfor the parent, why own 54% and let it go this low? Crazy right? Somebody must have a strategy? Beyond me? I'm still in this based on fundamentals and value not people. NBSK prices holding above average highs. If they are making NBSK and shipping NBSK at today's prices with today's exchange rate then they will be making cash. Debt to assets is currently showing less than 10%. Softwood pulp is tight on the global stage with little to no supply coming on line. They beat last quarter. They will likely beat next quarter baring any unforseen production or logistics stoppage. Wilcard is fiber supply. My guess is a dividend at some point in 2023 vs share buybacks. If they had pride and wanted to buy back they would have already done so. Holding thru Q2/23. Predicting above $7 again at some point Q1. If I am wrong, then we all need to bail on this one because it's likely either manipulated or badly mismanaged. A couple big buyers or a 300k volume day is all it takes to turn this around. Throwing this symbol to my friends at Robinhood to hopefully catch interest on their chat board. Value is there. Good luck to the Longs there are not a lot of us. 
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