Interfor Corp T.IFP

All time low valuation on P/B basis

[Apaulson]

Although this Price to Book Value is at a point in time (year end) rather than average throughout the year, IFP and CFP are trading presently at historically low Price to Book Values:

Price to Book Value	IFP	CFP	IFP vs. CFP Difference
December 31, 2013	1.35	2.30	(0.96)
December 31, 2014	2.02	2.47	(0.45)
December 31, 2015	1.27	1.65	(0.38)
December 31, 2016	1.26	1.17	0.09
December 31, 2017	1.74	1.88	(0.14)
December 31, 2018	1.03	1.02	0.01
December 31, 2019	1.18	0.92	0.26
December 31, 2020	1.47	1.30	0.17
December 31, 2021	1.55	1.14	0.41
December 19, 2022	0.51	0.59	(0.08)
* Excluding CFP's net cash on hand at 2022-09-30, CFP's price to book on Dec. 19, 2022 would be 0.42.

[Tothemoon2]

The market has quickly turned this into a pain trade.  

[Tothemoon2]

OK I have a full position @US 16.67 so hopefully this stock can quit sawing logs and wake up.

[Tothemoon2]

Is the slumber over?

[Apaulson]

I believe the slumber is over......wood should firm from here on.

[Tothemoon2]

Not gonna lie but didn't think it could bounce this hard/fast.  Sold a little over half position around US19.25.  Curtailment from Canfor and an upgrade made for a good day.

[Tothemoon2]

Hard to enter back into the lumber trade again for me right now.  Where Interfor has been my favorite to trade the last year and a half, I now find myself liking WFG much better.  GLTA