Ainsworth Lumber Co Ltd ANSBF

Ainsworth profit and price of osb?

[pappy7]

I remember a few months back reading something somewhere--I can't recall where it was that for every dollar increase in the osb price, it  affects the price earnings per share or amount of revenue of ainsworth by a set amount. Of course this was a little before the recent dilution.

Does anyone recall this release or perhaps know how much each dollar of osb price increase affects Ainsworth? Thanks

[pappy7]

Found it from early Nov. by S and P.Based on our forecasts, we expect adjusted debt-to-EBITDA to decline from its current level of 7.9x, to 4.0x by year-end. The repayment of current senior unsecured notes will result in the elimination of PIK interest debt, and so our model forecasts relatively stable and unchanged debt. Ainsworth's earnings are highly sensitive to changes in commodity OSB