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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

TSX:WEF - Post Discussion

Western Forest Products Inc > Dividend re-instated .01 per quarter
View:
Post by astutein on Feb 18, 2021 8:17pm

Dividend re-instated .01 per quarter

Market did not anticipate earnings of.09 dividend reinstatement.

Also NIB.

Strong outlook for next quarter.  Sounded all positive.  one and half months into quarter so they basically know projected results for next quarter.

Analysts will be shocked by results, dividend re-instatment and NIB

 

All our mills are firing at full capacity, strong demand for products,  record lumber prices.

Should be $2.00 tommorow.

Comment by itsalie on Feb 18, 2021 9:07pm
what's a NIB?
Comment by Ragingbull255 on Feb 18, 2021 9:12pm
This post has been removed in accordance with Community Policy
Comment by jonvw92 on Feb 18, 2021 9:22pm
It's a NCIB, normal course issuer bid.
Comment by itsalie on Feb 18, 2021 9:22pm
got it.. yep good news indeed.. thanks
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