Bullboard - Stock Discussion Forum Western Forest Products Inc T.WEF

Alternate Symbol(s): WFSTF

Forest Products Lumber & Wood Production

Western Forest Products Inc. is a Canada-based integrated forest products company building a margin-focused log and lumber business to compete in global softwood markets. The Company’s primary business is the sale of lumber and logs, which includes timber harvesting, sawmilling logs into specialty lumber, value-added lumber and glulam remanufacturing, and wholesaling purchased lumber. It has a... see more

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TSX:WEF - Post Discussion

Western Forest Products Inc > Pulte homes

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Post by lifeisgood1010 on Jan 28, 2021 8:29am

Pulte homes

I guess no one will be surprised by Pulte Homes comments.They reported this morning.

I am long WFT, OSB,CFP,IFP and WEF.I will post this on the other board of my holding.

Nice day to all

Here is their expectation.

“The ongoing strength in demand for new homes is broad based and continues to benefit from low mortgage rates, years of underbuilding new homes, a limited supply of homes for sale, and an increasing desire for homeownership and single-family living,” added Marshall. “Beyond these supports, we believe the pandemic has caused a permanent increase in the number of people who will be working from home which has meaningful implications on the sustained need for new homes going forward.”

The Company ended the fourth quarter with a unit backlog of 15,158 homes, which is up 44% over the comparable prior year period, valued at $6.8 billion.

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