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Bullboard - Stock Discussion Forum Canfor Corp T.CFP

Alternate Symbol(s):  CFPZF

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... see more

TSX:CFP - Post Discussion

Canfor Corp > Out To Lunch
View:
Post by islandbrook on Dec 09, 2020 3:12pm

Out To Lunch

The 6 Canadian analysts who claim to be following lumber stocks. are totally " out to lunch". Consider that at todays current future price for lumber is 42% above the average price forecast for the year 2020.How is it possible that 2021 earnings are expected to FALL by 44.4% to $2.15 from $3.87.
 A 100% increase in concensus estimates to $4.30 is more probable considering the outlook for pricing and volume of demand for 2021.
Comment by Aminvestor1234 on Dec 09, 2020 3:41pm
Speaking of analysts. Can someone explain why they would recommend buy or hold when a stock is trading at $60 and their projected target is $50.
Comment by RHINOpowerTOP on Dec 09, 2020 7:28pm
BROTHER WHAT STROCK IS THE $50 ONE???  IS IT GOOD? FANCY BANK BOYS DONT KNOW JACK ABOUT THE WOOD!  I KNOW THIS FOR FACT.  THEY AINT EVEN BUILT SHED BEFORE THEY WEEK AND WEAR TIES AND SHOES.  AT LEAST MR RHINO HAS KICK PUNCHED THROUGH MUCH WOOD IN HIS TIME SO HE APPRECIATE GOOD STONG WQOD NOT THE FLIMSEY STUFF! I THINK THE CANFOR PRICE GOES UP. IT IS FOR BEST THE BANKERS DONT ...more  
Comment by RJsizzl on Dec 10, 2020 1:14pm
This looks like a lot of work to write for a very small audience, but it's kind of a funny bit. 7/10.