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Interfor Corp T.IFP

Alternate Symbol(s):  IFSPF

Interfor Corporation is a Canada-based forest products company. The Company and its subsidiaries produce wood products in Canada and the United States for sale to markets around the world. It operates through the solid wood products segment. The Company’s product categories include Dimension Lumber, Specialty Lumber and Engineered Wood Products. Its products include Spruce-Pine-Fir, Douglas Fir-Larch, Hem-Fir, Southern Yellow Pine, Western Red Cedar, Douglas Fir-Larch, and P3-Joist. Its sawmills provide a diverse range of sustainable products to supply North American markets with a complete offering of framing materials. Its Western Red Cedar products include Elite Decking, Elite Fascia & Boards, Elite V-Joint Paneling, Elite Fineline Paneling, Elite Channel/Lap Siding, Elite Bevel Siding and Elite Shadow Gap Siding. It has an annual lumber production capacity of approximately 5.0 billion board feet and offers a diverse line of lumber products to customers around the world.


TSX:IFP - Post by User

Post by Apaulsonon May 18, 2024 4:15pm
340 Views
Post# 36047506

Exceptional financial managment

Exceptional financial managment2 years ago, Interfor acquired 16% of Greenfirst Forest Products (GFP) at $2 per share.

Today, Greenfirst Forest Products (GFP) trades at 75% less.

Now would be an opportune time for Interfor to acquire the remaining 84% of GFP so it owns it all.

Oh wait....Interfor effing blew all of its cash on stupid investments and can't afford to do that right now.

Way to blow the once-in-a-lifetime pandemic lumber gift that the company received.

Thanks a lot Ian Fillinger, CEO and Richard Pozzebon, CFO.  Great financial management.

Ian Fillinger made $4.4 million in 2023 and Richard Pozzebon made $1.9 million.  What in the F?

For the love of god, fire these two incompetent bozos.
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