Western Forest Products Inc T.WEF

Duties

[templetooth2]

The Scotia analyst who covers forest products, Benoit Laprade. published a brief note on antidumping and countervailing duties on deposit with the US Dep't. of Commerce. As of Q3, total duty deposits as a %age of current equity value were 54% for Resolute, 24% CFP, 13% IFP and 32% for WEF. For Western, its total deposits of US$86 million versus a market cap of Cdn$356 million.

It was noted that the last time a duty dispute was settled, 2006, 80% of accumulated duties were refunded to the Cdn. payors and 10% remitted to the petitioners, the US coalition.

Being a relatively recent refugee from Alberta, I'll leave it to you rainforest types to assess the likelihood of a similar partial refund under a sane US administration.

[jonvw92]

Are you able to share a link to this.  Thanks for contribution to this board.

[templetooth2]

Sorry, VW, can't post a link as it's behind the client wall at Scotia iTrade. But what I posted was the pith of the article, at least for WEF. If you're looking for an online discount broker, I'd recommend Scotia. Their analysts put on their trousers one leg at a time, but I don't mind paying $10 a trade to have access to their ideas. Some years ago I got really annoyed with

[jonvw92]

Thanks for trying!

[dosperros]

Also very illuminating.  I'd sent RBC a note with a sample Paul Quann report and they um'd and ah'd.... and really didn't have any answers. So, I stayed with Scotia as well. I think the trick is having a network to share with on a mostly confidential basis.  E.g. send me your email and I'll flip you the most recent RBC stuff I have -- CFF. OSB, and the Q&A for

[itsalie]

fwiw this site is not bad.  basically listens to bnn and writes down what they say https://stockchase.com/company/view/2323/WEF-T

[dosperros]

Sounds like good analysis.  If this continues were going to see some borader interest in the sector.  There are some guys in Ohama who value buying large cash reserves for cheap for instance. How'd you get hooked onto the BNS wire?  I invest with those guys and I'm not really that poor anymore, and all I get in my "iTrade" thing is Benoit's super-lame one