Goodfellow Inc T.GDL

Alternate Symbol(s): GFELF

Forest Products Lumber & Wood Production

Goodfellow Inc. is a Canada-based diversified manufacturer of value-added lumber products, as well as a wholesale distributor of building materials and floor coverings. The Company has a distribution presence from coast-to-coast in Canada and in the Northeastern United States, serving commercial and residential sectors through lumber yard retailer networks, manufacturers, industrial and infrastructure project partners, and floor covering specialists. The Company also leverages its value-added product capabilities to serve lumber markets internationally. Its products include decking, flooring, insulation and soundproof, lumber, panels, roofing, siding, specialties, and wall concept. Its lumber products include cedar, hardwood and engineered wood. Its services include custom timber fabrication; a full range of personalized millwork and carpentry services; wood treatment (MicroPro, CCA, ACQ and Fire Retardant); just-in-time, direct-to-site delivery services, and export prep and packaging.

TSX:GDL - Post by User

Goodfellow Inc

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Comment by BB123456on Sep 28, 2021 3:02pm

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Post# 33931603

RE:RE:RE:RE:RE:RE:RE:Lumber prices

Lumber futures are rebounding and are still at 10 year highs excludinglast year's covid bounce. There is also fundamental support from strong US housing.

https://www.nasdaq.com/market-activity/commodities/lbs

I know GDL does not play the commodity cycle and tries to keep inventories low to avoid getting caught, but this bounce will help to deal with the expensive inventory they had on the books at the end of last quarter.

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