Why I Am Bullish At $2.00?* Quarter Rev still $250 million. Billion Yearly. $142 Million MKT Cap to Billion Rev. Ok. Really?
* 1st quarter results will be based on $900+ China NBSK prices.
* Container rates are back to pre Covid Levels. Low.
* Unlike HWD, SWD should remain tight even in a weak demand market.
* Western Canadian Q1 production curtailments will eventually tighten overall NBSK supply second half 2023.
* Since 2019, China Net NBSK has averaged roughly $750. It may jump around $700 over the summer but hardly do or die pricing. Simple belt tightening can make things profitable.
* 1.34 exchange
* If they don't want the mills and want to cut bait then there will be buyers at sub $200m. Open it up.
* Not sure who in their right mind holds this stock until now and then decides to sell at $2.00?
* When CFX does finally get moving off this 5 year nosedive trend, things will increase very rapidly.
* Can it go to $1?