Canfor Corp T.CFP

Alternate Symbol(s): CFPZF

Forest Products Lumber & Wood Production

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.

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Canfor Corp > Fire Don Kayne

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Comment by Apaulsonon Jul 26, 2024 11:21am

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Post# 36149865

RE:Fire Don Kayne

Listening to the earnings call, it's almost as if Don Kayne and managment highlight all of the negatives.

Are they doing this on purpose to drive the share price down so their buddy, Jimmy Pattison, can make as low an offer as possible to take over the company.

Their CFO said they have a strong balance sheet with $140mm of net cash. Unfortunately it was a net cash of $1.3 billion like 2 years ago. They've essentially blew $1.16 billion of cash. Way to go.

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Advancing flagship Ishkõday Gold Project in Ontario