Interfor Corp T.IFP

This is just the beginning

[lifeisgood1010]

Resolute was the first to go.

I did not buy WFG into this morning news because i thought that Jimmy and especially the Ketcham
may not be sellers at these low ball prices.

But this sniffing around as just put the whole industry on sales.

These compny have never had such strong balance sheets in their history and have never been so
profitable.

Many canadian lumber company are worth double the price they are trading at right now.

I will say it again, while there is a short term slow down caused by high home prices and interest moving
up a bit, we are still in an under built situation and a lots of lumber will be needed in many years to
come.

We are just at the start of a long bull cycle for lumber.

That does not mean that stock won't go into short term correction phases like the one we are in 
right now.

But  patient investors will be rewarded big time.

 

[Possibleidiot01]

Only thing you didn't point out is trees only grow so fast ; in theory , a renewable resource but short term you can only cut so much.

[Apaulson]

Despite the mixed messagesyesterday, I think this may be legit.  Kronospan and CVC haven't denied that the Reuter's story was incorrect, which you think they would by now. I think they'll make an offer and will have to make it $150 or more to get Ketchem/Pattison to accept it. That said, I didn't buy any WFG yesterday.  I didn't want to chase. I did add to my IFP

[lifeisgood1010]

Let's not forget that WFG just made a massive SIB and paid $95 us. It would be very unlilely that Jimmy and the Ketcham agrees to a $100 us offer. I agree, if WFG were to be taken over it would have to be at a much higher price. Can you imagine Norbord gone, Resolute gone and if West Fraser was gone, It would leave only Canfor and Interfor as major Canadian lumber players. Plus the fact

[Apaulson]

I agree, I think if WFG is taken out or even if they reject Kronospan's attempt to acquire them, that should increase the value for IFP and CFP. The short-term may be cloudy with negative real estate numbers, inflation, interest rates, gas prices, Ukraine, etc. but for the medium to long-term, North America needs wood to take care of the under-supply of homes. Let's also remember Ian