Western Forest Products Inc T.WEF

analysts wrong -Price unsustainable in next year?????

[astutein]

I didn't go to school to study economics but just educated my self as home builder and contractor but  I am knowledgeable in pricing and supply and demand in home construction.In my business I

Need wood products for the following with very little supply even at high prices.

House framing, Roofing plywood sheets , wooden floors,,Doors, Kitchen cabinets, Fences, Decks.  least of all furniture of all types.

House construction is up greatly.

I as contractor cannot wait until prices drop to pick up my lumber as my customers want completed project and are willing to pay cost increase of lumber.

go to Home Depot, Home Lumber, Loews and see what is available.   Demand is unreal.  People  donotwant to wait until  lumber prices drop.

I invite uneducated people and contractors  for your comments.

[wideopenthrottl]

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[prested]

I am educated but ignorant to the ways of forest products. I get that there is a supply problem and I get that prices are up. It seems obvious that the producers like WEF will make more money and that the shares will go up. What is unclear to one such as I is; is this just a blip and when it's over will the wood prices go down and with it the producers profit and our share price? If so, what

[LaurinDE]

Trees are a renewable resource, but they don't grow over night... high demand drains supply... so it will take some time to fill the supply gap, even if demand declines again L

[itsalie]

prices will go down,  probably this year, but still be a lot higher than they were.. a new base will be set and it will still be a lot higher then pre-covid.. But if you look at a 5 year chart you can see we are already approaching levels this stock has never seen.. the easy money has been made but I think still another 20-30% upside.. hopefully a big divvy bump tomorrow.. or more stock buy

[prested]

Thanx Itsali