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Bullboard - Stock Discussion Forum West Fraser Timber Co Ltd T.WFG

Alternate Symbol(s):  WFG

Forest Products Lumber & Wood Production
West Fraser Timber Co. Ltd. is a diversified wood products company. The Company is engaged in manufacturing, selling, marketing and distributing lumber, engineered wood products, including oriented strand board (OSB), laminated veneer lumber (LVL), medium-density fiberboard (MDF), plywood, particleboard, pulp, newsprint, wood chips and other residuals and renewable energy. Its products are used... see more

TSX:WFG - Post Discussion

West Fraser Timber Co Ltd > Questions & Answers
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Post by Dadsaid2 on Mar 03, 2021 7:53am

Questions & Answers

BAM did sell 2.66 million...why....no special dividend that was coming from Norbord in Q4. So take it out on the common man's share price. They obviously needed $200+ million cash flow for something else. Not sure of the $180 drop in the cash price someone posted. Cash Lumber prices are flat to slightly up in this morning's publications. Very disappointing that the share price is off $19 from the peak a few weeks back but the market is bigger than all of us and will bite you in the A$$ any time it can. GLTA
Comment by Frost19 on Mar 03, 2021 9:38am
Yeah I had a feeling thats what it was. I'm no expert but it felt like the share price was churning through a big seller that was getting out the past couple weeks.  Anyway its great to know the reason and I see now why WFG started the NCIB around the same time to eat up most of those shares.  Lumber prices are up again today and Canadian housing permits are up 8.2% instead of the ...more  
West Fraser Timber Co Ltd
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