Post by
downwithdotcom1 on Feb 08, 2022 8:16pm
why are the hewers of wood trading so cheap??
..Been an investor in this sector OFF and ON over the years and more recently WEF over the last 18 months-made a few trades and have done OK ..What's becoming a bigger annoyance is that these companies have done EVERYTHING and more that has been asked of them..new divis, raised divis, special one time divis , pay down debt and buy back huge quantities of shares AND STILL WHAT"S THE END RESULT?? P/E's of 3?? most shares traded up substantially and then fell down when wood pricing tanked but as wood has regained traction, these stocks have yet to respond..maybe WEF will on next results but discussions of $4 or even $3 have pretty much faded..not sexy enough?? no CRYPTO CracK monies?? Asking myself, why are the hewers of wood ie WEF continuing to trade so cheap given its a sustainable business-need to decide if this more deep value rather than a VALUE TRAP..thoughts please..dwdc
Comment by
geezer21 on Feb 08, 2022 9:38pm
I think you answered your own question. There was wide price swing last year. People got whipsawed and so a somewhat gun shy. It is taking them time to get past that. That is being to happen. You recognized shares are cheap. That is when you buy.
Comment by
windywolf on Feb 08, 2022 9:40pm
The price for lumber is over inflated due to inflation,just like everthing else. But you have to remember that that also reflex on costs. Thats why inflation kills everything. Your damned if you do and damned if you dont.