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 Oct 13, 2021 5:50pm

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Post# 34003059

RE:Huge dividend coming

You seem to understand Goodfellow well. Do you know how they manage their inventory? It was quite high in Q3, and, while they did manage the lumber price decrease well and maintain profits in Q4, I wonder if perhaps they use LIFO inventory management and have a lot of expensive wood in their investory which could hurt profits in the future.

But I agree, I expecta very large dividend this fall. I was thinking over $1.00 unless they have plans to grow the business or acquire something.

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