Post by
PunkyHemrotWfp on Apr 18, 2024 1:25am
Race to the bottom!
Closing another profitable mill to hide their terrible decisions. Tell us shareholders about the amazing auto grader that cost millions and then lost millions and pissed off your japanese customers. Closed a mill that out cut Duke Point day in and day out and why Duke Point and Saltair trucked their wood to APD to be planed. Guess the premium paid for APD wood and the embarassment of out producing and better quality product than the old junky Doman mills was too much. Then people wonder why the share price is a joke. WFP could have been a world class company but is just a slowly withering shadow of its glory days. Good news is they still have a few more derelict mills to close. Who is next Cow bay? Chemainus? Ladysmith? At least the 2 Headrigs at Duke are 1 less than the 3 that were at Nanaimo sawmill lol.
Comment by
firstgrowth99 on Apr 19, 2024 4:31am
I HEAR YOU BUT IT AINT BAD HAVING EVERYTHING NOW ON EAST SIDE OF THE ISLAND..MAKES BETTER LOGISTIC SENSE..AS FOR OUT PRODUCING..WHO CARES.ONLY GOOD IF ITS GOT A MARKET.WHAT THEY NEED IS BETTER LUCK..
Comment by
firstgrowth99 on Apr 19, 2024 4:34am
I DONT THINK THERY CLOSE MILLS THAT ARE PROFITABLE..NOW AS FAR AS BEING TOO SMALL I DONT THINK SO SINCE THEY OWN OTHER SITES IN AMERICA AND THE WOOD BEAM PLACE.IM NOT A FAN I JUST WANT THEM TO MAKE MONEY...ONLY BIG ONE LEFT ON THE COAST.