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Bullboard - Stock Discussion Forum
Conifex Timber Inc
T.CFF
Alternate Symbol(s):
CFXTF
Forest Products
Lumber & Wood Production
Conifex Timber Inc. is a Canada-based forest products company, which operates fiber baskets in North America, northern British Columbia. The Company produces lumber products and renewable energy from its sawmill and bioenergy plant in Mackenzie, British Columbia. Its lumber products are sold in the United States, Canadian and Japanese markets. It also produces bioenergy at its power generation...
facility at Mackenzie, British Columbia. Its lumber products include J-GRADE, 2 AND BETTER, SELECT, STUDS, ECONOMY and 3. The Company operates a two-line sawmill in Mackenzie, British Columbia (the Mackenzie Mill). Its Mackenzie Mill has approximately 240 million board feet of annual lumber capacity on a two-shift basis. It operates a 36-megawatt biomass power generation plant in Mackenzie, British Columbia (the Power Plant), located at the site of its Mackenzie Mill. Its Power Plant's output capacity is in excess of 230 gigawatt hours (GWh) of electricity per year.
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TSX:CFF - Post Discussion
Conifex Timber Inc
> Hamir Patel boosts Target
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BullBoyMoon
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Post by
BullBoyMoon
on Feb 05, 2021 10:24am
Hamir Patel boosts Target
Got a notice this morning saying Hamir Patel boosted his CFF target to 2.50
(26)
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dosperros
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Comment by
dosperros
on Feb 08, 2021 12:28pm
Good catch. Raymond James also revised the target to $2.50 as well. RBC's the same. https://www.raymondjames.ca/branches/premium/pdfs/grr.pdf These guys did this around ~$1.50, and they seem to be comfortable with +60% targets in rising environments, so the next batch of targets likely kicks off around $2.00 and might be in the ballpark of $3.20 or so. The execution risk
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