Interfor Corp T.IFP

Tomorrow should be good

[Rational43]

Assuming earnings are in line, what I really want to hear about is increased share buybacks throughout the year.
The real value is going to come when we reduce sharecount by 20-30% over the rest of '21 and still have cash left over.

[sunshine7]

Note that IFP has beat the Street the last 4 Qs and avg lumber price was substantially higher in Q1 than forecast and a small contribution from the acquisition, I think it is a no-brainer for a beat. The interesting thing about price increases is that they do not have significant administrative costs associated with them, so aside from any cost increases, its 90% profit. Will do wonders to support

[sunshine7]

... and on to Q2 were EPS forecast is lower than Q1 while lumber pricing is substantially higher. Look for these numbers to be revised higher after they beat Q1 forecast.

[sunshine7]

Financial repleased tomorrow after market closes I assume because the CC is the next am.

[WindsorGuy]

Correct. One last chance tomorrow. Professional traders will try to lower the price during the day and fleece retail investors. Be ready to buy on the dip. GLTA