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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 Apr 19, 2023 11:14pm
125 Views
Post# 35404358

RE:A few thoughts and some questions

RE:A few thoughts and some questionsThanks for all your work on this. Totally agree. Valuation. Plenty of upside. Here is the main issue. The elehphant in the room and why it's really at $2 is simply fiber. That's it. Fiber. It's what the current government has done to the BC fiber supply. There is not enough fiber in hand to make long term decisions or investments. Until the fiber situation is known, people with money do not want to invest in BC or pulp. The good news, as I keep pointing out. There is nothing wrong with the product. NBSK has long term value. The paper business as you point out also has value. If costs can be kept under control, there should be no problem longer term with profitiablity. But again, everything comes back to Fiber. My guess is they are way better off concentrating on two pulp mills now vs 4. Pulp prices are coming off hard. Way too hard in my opinion. This will lead to industry changes and shut downs. With very low debt to assets. Lumber assets and a large footprint in the PG area, I beleive this is still a solid long term hold at $2. Something has to give. We are at a tipping point. It's not going to $1. The closer it does, the more likely change will occur. CFP is crazy not to be buying shares at this price level. I'm excited to see how this plays out. Yes. Good Luck To All! Can I get Booyah?
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