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

Alternate Symbol(s):  WFSTF

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 > Wef Positives
View:
Post by TheCoach42 on Sep 23, 2021 11:53am

Wef Positives

China faces up to real estate debt in real estate which could affect lumber prices. Lumber prices rising per normal 4th quarter. Hopefully debt ceiling raised in the US after brinksmanship is done.
Comment by fishowl on Sep 24, 2021 10:49am
Let's also not forget that we had record forest fires this summer which destroyed forest supply, and also also destroyed houses which increased demand.
Comment by ACarrothers on Sep 24, 2021 10:54am
WEF is on fire today
Comment by bbwibone on Sep 24, 2021 1:56pm
WEF just catching up. Lumber is back way above 2018 prices when WEF hit $2.90 a share and now with a big pile of cash. $3 would still be a buy.
Comment by Coopsvw92 on Sep 24, 2021 3:15pm
Q3 results will be the next catalyst to move WEF back to the 2.50-2.60 range.  Hopefully a raise in the dividend too.  Looking forward to see the September NCIB activity in early October.  Should finish Q3 around 340m shares outstanding.  Hopefully the pile of cash grows too!! quote=bbwibone]WEF just catching up. Lumber is back way above 2018 prices when WEF hit $2.90 a ...more  
Comment by madmax42 on Sep 24, 2021 5:17pm
Strong close with highest volume since may!