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Bullboard - Stock Discussion Forum Canfor Pulp Products Inc T.CFX

Alternate Symbol(s):  CFPUF

Canfor Pulp Products Inc. is a Canada-based global supplier of pulp and paper products with operations in the central interior of British Columbia (BC). The Company operates through two segments: pulp and paper. The pulp segment includes purchase of residual fiber, and production and sale of pulp products, including Northern Bleached Softwood Kraft (NBSK) pulp and Bleached Chemi-Thermo... see more

TSX:CFX - Post Discussion

Canfor Pulp Products Inc > Positive Earnings Next Quarter?
View:
Post by Fiberman on Jun 01, 2023 2:46pm

Positive Earnings Next Quarter?

This stock could show positive earnings next quarter. What happens then? Why?

* A lot of write downs are in the rear view mirror. 
* China NBSK still settling in the $700 range. Profitable for Canfor Pulp if costs and production are coming in line. 
* They should achieve premiums over China in other markets. 
* They can't give containers away so no logistics issues. 
* Lot's of announced SWD downtime. Slack in the rope if any heartbeat in demand returns. 

Would love to be a fly on the wall in their two mills. If they have been running at or near production rates and full pedal shipping. Then they have a chance to start turning this around. Or at a minimum, wrapping it up and putting a big bow on it for somebody else. Tide is turning. I believe the worst is behind us holding this stock. Go Longs!!!
Comment by JayStatusUpdate on Jun 08, 2023 11:41pm
If they do show positive earnings, will they not be spending it on their significant capital reinvestment program over the next 3-4 years? Hopefully the business cash flows can cover all these costs, otherwise this is doomed.