Bullboard - Stock Discussion Forum Interfor Corp T.IFP

Alternate Symbol(s): IFSPF

Forest Products Lumber & Wood Production

Interfor Corporation is a Canada-based forest products company. The Company and its subsidiaries produce wood products in Canada and the United States for sale to markets around the world. It operates through the solid wood products segment. The Company’s product categories include Dimension Lumber, Specialty Lumber and Engineered Wood Products. Its products include Spruce-Pine-Fir, Douglas Fir... see more

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Interfor Corp > Another Assessment

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Post by retiredcf on Aug 15, 2021 2:29pm

Another Assessment

Q: What do you think the prospectus is for Interfor over the next 6 months?

A: Given the volatility of the sector, it is a tough call but the company is debt-free with $450M cash and trades at less than 2X 2021E earnings and 4X 2022 earnings. A bounce in lumber prices might see shares quickly back to $30.

So said 5iResearch. GLA

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Comment by sunshine7 on Aug 17, 2021 10:41am

"The federal government will report housing starts and building permits numbers for July on Wednesday morning. Economists are forecasting a drop in housing starts from June and that building permits will be flat." Should this be true, then lumber prices will be challenged.

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