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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TSX:IFP - Post Discussion

Interfor Corp > CAD$

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Post by nelson07 on Mar 04, 2022 9:50am

CAD$

Historically, when oil price are strong we see a direct correlation with the CDN$.

But this time it's different and i don't have the answer to that.

In 2008, when WTI was hitting all time high at $145 our CDN$ was at par with the US$

This time, with the WTI at $110+ our CDN$ is weak at .78.

This is very good news for CDN company having most of their sales in US$

IFP as more than 80% of it's sales in US$

In these uncertain times, you want to be invested in comapny that have pristine balance sheets,
highly profitable,and trading at low to reasonable multiples.

Interfor meets all of these criteria and is probably one of the cheapest and safest stock to own right now

We are withnessing what his happening to the high flyers company who were trading at stratospheric levels.In the past few months ,they have been obliterate

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