Canfor Pulp Products Inc T.CFX

Buzz on the Bullboards: Bombardier, world woes, a smart fridge, and top shelf weed

[Jonathon Brown]

A highlight of the week was Bombardier (TSX:BBD), which reported impressive growth in its Q3 2024 results. read article.

[Catscratch]

Canfor Pulp CFX is trading at a 1.6x multiple (EV/EBITDA) if you annualize Q3 EBITDA results.  Forward earnings are likely better than Q3 because pulp prices have improved and more significantly

[Catscratch]

Finally a half decent quarter and sounds like we should get a stronger Q4 with better pulp pricing and hopefully the paper business running well. Interest rates cuts should stimulate increased

[OmahaValue]

A much improved operating quarter for CFX with almost $20M of adjusted EBITDA. Sounds like markets should improve in Q4.

[PressRelease]

VANCOUVER, BC, Oct. 25, 2024 /CNW/ - Canfor Pulp Products Inc. ("The Company" or "CPPI") (TSX: CFX) today reported its third quarter of 2024 results:Overview.Q3 2024 operating loss of $209 million, includes a $211 million asset write-down and impairment charge in the pulp segment resulting from...read article.

[OmahaValue]

The movement today is likely just from the a positive analyst report from Raymond James earlier this week.  I have not seen the report but they they still have a target of $2.75 for CFX. If the

[Apaulson]

Get lost red deer, no one cares what you think. You must have forget that.  haha PS - how's your $2 ACB of WEF going?

[Red_Deer]

Hey PaulSon__You as a MAGA Know NOTHING About BC Politics !!!!!

[Catscratch]

Haven't head anything new on Brink.  My guess is recent support for CFX is due to the election results (still TBD but significant improvement for the Conservatives is a positive for forestry)

[Apaulson]

They're still the opposition.  I don't think any new results came out, but that's a huge amount of progress for the conservatives given where they were previously.  The Greens

[Daudau11]

I thought Conservatives didn't win or lose.  Aren't they neck and neck with NDP?

[Apaulson]

Any news today or reason for the jump at the open besides the conservative's winnings in the election and Raymond James' upgrade?

[Catscratch]

Cost cutting measure and also a set up for possible sale the business. 

[kboorman]

And in his place goes Stephen Mackie, who will also stay in his role of EVP of North American Operations for Canfor. The role can't be that demanding if he's able to do both

[PressRelease]

VANCOUVER, BC, Oct. 15, 2024 /CNW/ - John Baird, Chairman of Canfor Pulp Products Inc. (TSX: CFX) Board of Directors announced today that Stephen Mackie has been appointed President and Chief Executive Officer of Canfor Pulp effective November 1, 2024."With almost twenty years at Canfor and 30...read article.

[OmahaValue]

If the BC Conservatives win on Oct 19, CFP buys CFX. If the BC Conservatives lose on Oct 19, CFP sells CFX.