Eacom Timber Corporation ETRFF

3rd Quarter Financials

[vicky56]

should be out soon, and as a lot of their costs were one time only, they won't be reflected in the financials as they've been paid...also they sold one of their mills, but still own the other 8, of which they had orders to fill!

I wonder if that's the reason for RBC's upgrade to a Strong Buy! They provide an array of lumber and building products and do their own baking and processing, such as (strand board) which is what new construction consists of now days.
 
v

[buddhaboy]

If anyone is expecting strong financials for the 3rd quarter or any quarter for the immediate future, you are going to be sadly disappointed I'm sorry to say.  Don't want to come across as a know-it-all (and I would love to be wrong), but this puppy ain't going nowhere for a while.  Someday this company will prosper, but with the housing situation in the US in the dumps

[vicky56]

I think you should dig a little deeper...Eacon bought out Domtar..Eastern Canada. There's a difference...Eastern Canada has the licences...Western Canada doesn't. You can see that in BC, the Aboringinals hold the licences, but not in Eastern Canada....whole different bottle of wax....so to speak!I could be wrong...and I am a long time holder..but only in Canadian resource stocks...I needed

[vicky56]

I figure their 3rd quarter financials will look pretty good...as the one time non-recurring costs will not be reflected and they must be in a great position money wise...since the sale of the Saskatchewan mill....and I'd even hazard a guess that they sold more lumber and products than any other company in Canada! That's just me thinking out loud of course...but it will be interesting

[vicky56]

Hmmmmm! Cross trading by MacQuarie and almost 400,000 shares bought by National Bank alone! I wonder what's up with that? www.stockwatch.com