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Bullboard - Stock Discussion Forum 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... see more

TSX:CFP - Post Discussion

Canfor Corp > Management making no sense on earnings call
View:
Post by Apaulson on May 02, 2024 11:29am

Management making no sense on earnings call

Why did they pay a high price for El Dorado?
Why are they not curtailing?
Why are they not buying back shares instead?
How did they end up blowing $1.3billion in net cash to $141million over the past two years?
Why has Don Kayne not been fired yet?

Don Kayne is making no sense.  I swear these clowns want to tank the share price so their buddy, Jimmy Pattison, can buy the rest of the company for cheap.
Comment by blindpig on May 09, 2024 11:46pm
Good that they canned their $200 million investment in BC. I never could understand why such a large investment in a hostile province. Money better spent expanding in the US or buying shares. 
Canfor Corp