Post by
sunshine7 on May 07, 2021 10:33am
Earnings Forecast...
blew the top off the Q1 forecast with only 2 months of Norboard data. When do they revise Q2 forecast? I have it sitting at C$7.67. Certain to exceed $10.
Comment by
sunshine7 on May 07, 2021 11:13am
Thanks. Your forecast is very encouraging on a day that makes no sense.
Comment by
Kojacks88 on May 07, 2021 11:18am
Good ol BAM sell off. They only got a month left on takeover bid for IPL. Q2 will be a more favorable time. In other news lumber prices are on a ridiculous trajectory right now. GTLA!
Comment by
sunshine7 on May 07, 2021 11:35am
Ya. I forgot about BAM. They have quite a few more shares to dispose of. Volume is not favourable to selling quickly. I don't know why they don't just find a buyer of the shares and get it over with?