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

Alternate Symbol(s):  WFG

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 > Earnings Forecast...
View:
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 Frost19 on May 07, 2021 11:02am
The January norbord data was not inlcuded in WFG earnings results but it was in the report further down.  Norbord January had 277m sales and 86m earnings (USD). So 6.96+(86m/119m shares outstanding=0.72)= 7.68 USD // 9.34 CAD  Then consider ~200m one time costs associated with merger (some of his is writedowns and not actual cash cost, need to see what they say on call today) Add 1 ...more  
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?
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