Western Forest Products Inc.

WEF-T

TSE:WEF

0.82
0.00 (0.00%)
Western Forest Products Inc. is a Canadian lumber company based in Vancouver, British Columbia, Canada.
More at Wikipedia

Analysis and Opinions about WEF-T

Signal
Opinion
Expert
DON'T BUY
DON'T BUY
July 23, 2018

It had a seasonal period earlier this year into March. Now, we're at a floor of $2.50. It's outside seasonality now. Could be a time to exit.

Show full opinionHide full opinion

It had a seasonal period earlier this year into March. Now, we're at a floor of $2.50. It's outside seasonality now. Could be a time to exit.

PAST TOP PICK
PAST TOP PICK
April 13, 2018

(A Top Pick January 23/17 Up 57%). They are building a business out west and selling into the US and Asian markets. They are broadening their business, adding a distribution centre in the US. It is over a $1 billion market cap. It is a core position and he hopes it can double from here. He feels they have cornered the clear cedar market.

Show full opinionHide full opinion

(A Top Pick January 23/17 Up 57%). They are building a business out west and selling into the US and Asian markets. They are broadening their business, adding a distribution centre in the US. It is over a $1 billion market cap. It is a core position and he hopes it can double from here. He feels they have cornered the clear cedar market.

TOP PICK
TOP PICK
March 1, 2018

The tariffs are already out there and the NAFTA risk is already priced in. They know how to deal with it. They have exposure to a lot of things that are working right now. They have exposure to economic growth. They are making moves to up their efficiencies. (Analysts’ target: $3.22).

Show full opinionHide full opinion

The tariffs are already out there and the NAFTA risk is already priced in. They know how to deal with it. They have exposure to a lot of things that are working right now. They have exposure to economic growth. They are making moves to up their efficiencies. (Analysts’ target: $3.22).

COMMENT
COMMENT
January 15, 2018

The key factor for this company is that the US housing market is booming, housing is recovering, and housing starts are still way below where they need to be. All the forest product stocks have done very, very well. Sometime down the road there will be a settlement with the US and the tariffs will drop and the stock will pick up again.

Show full opinionHide full opinion

The key factor for this company is that the US housing market is booming, housing is recovering, and housing starts are still way below where they need to be. All the forest product stocks have done very, very well. Sometime down the road there will be a settlement with the US and the tariffs will drop and the stock will pick up again.

PAST TOP PICK
PAST TOP PICK
January 5, 2018

(A Top Pick Feb 21/17. Up 23%.) He still thinks this is a great opportunity. There appears to have been a break out in the US House Builders index. There is certainly a built-up in housing demand for the 25 to 35 year olds.

Show full opinionHide full opinion

(A Top Pick Feb 21/17. Up 23%.) He still thinks this is a great opportunity. There appears to have been a break out in the US House Builders index. There is certainly a built-up in housing demand for the 25 to 35 year olds.

PAST TOP PICK
PAST TOP PICK
October 6, 2017

(A Top Pick Feb 21/17. Up 24.57%.) Thinks there is still great opportunity in this.

Show full opinionHide full opinion

(A Top Pick Feb 21/17. Up 24.57%.) Thinks there is still great opportunity in this.

BUY
BUY
February 24, 2017

A great Canadian company that specializes in different species of wood that are unique. A well run operation that allows the company to switch production from one species to another. They do this in the interests of optimizing the profitability of the company. Located in BC which gives them access to their plantations. They’ve invested quite a bit of money in trying to optimize operations further, and those initiatives have very high paybacks attached to them. The concerns are all around the softwood lumber agreements and how negotiations will proceed. This is a big question that is still outstanding. Even so, this company is still interesting at these levels.

Show full opinionHide full opinion

A great Canadian company that specializes in different species of wood that are unique. A well run operation that allows the company to switch production from one species to another. They do this in the interests of optimizing the profitability of the company. Located in BC which gives them access to their plantations. They’ve invested quite a bit of money in trying to optimize operations further, and those initiatives have very high paybacks attached to them. The concerns are all around the softwood lumber agreements and how negotiations will proceed. This is a big question that is still outstanding. Even so, this company is still interesting at these levels.

TOP PICK
TOP PICK
February 21, 2017

Technical analyst Leon Tuey likes the profile. Year-over-year sales was up 10% and year-over-year earnings was up over 62%. ROE is 16.4% on a trailing basis and free cash flow yield is 8%, compared to 1.5% last year. Dividend yield of 3.72%. (Analysts’ price target is $2.32.)

Show full opinionHide full opinion

Technical analyst Leon Tuey likes the profile. Year-over-year sales was up 10% and year-over-year earnings was up over 62%. ROE is 16.4% on a trailing basis and free cash flow yield is 8%, compared to 1.5% last year. Dividend yield of 3.72%. (Analysts’ price target is $2.32.)

WAIT
WAIT
February 6, 2017

The stock is kind of basing and recently has been consolidating into a bit of a weak triangle formation. This can result in a bullish formation if it breaks out. This is not negative or positive. Dividend yield of 4.15%.

Show full opinionHide full opinion

The stock is kind of basing and recently has been consolidating into a bit of a weak triangle formation. This can result in a bullish formation if it breaks out. This is not negative or positive. Dividend yield of 4.15%.

TOP PICK
TOP PICK
January 23, 2017

A small player in the lumber sector. He has never owned a lumber stock before. It is a unique situation. You want a lumber stock in your portfolio. If they wait before cutting down trees, they are that much bigger when they finally do. Not having a resolution to the softwood lumber agreement will be a headwind for the sector, but they will find a way around it. (Analysts’ Target: $2.44).

Show full opinionHide full opinion

A small player in the lumber sector. He has never owned a lumber stock before. It is a unique situation. You want a lumber stock in your portfolio. If they wait before cutting down trees, they are that much bigger when they finally do. Not having a resolution to the softwood lumber agreement will be a headwind for the sector, but they will find a way around it. (Analysts’ Target: $2.44).

HOLD
HOLD
November 28, 2016

Trading near a 52-week low, and 3rd quarter results were one of the best in the company’s history. It has the largest exposure to Asia, and their species mix allows them great products which are desired by the Japanese in particular. Well-managed and the balance sheet is in good shape. Dividend yield of about 4%.

Show full opinionHide full opinion

Trading near a 52-week low, and 3rd quarter results were one of the best in the company’s history. It has the largest exposure to Asia, and their species mix allows them great products which are desired by the Japanese in particular. Well-managed and the balance sheet is in good shape. Dividend yield of about 4%.

COMMENT
COMMENT
November 16, 2016

He is a little more concerned about forest products and lumber companies right now in the short term. One of Trump’s promises was to come down hard on trade, and one of the easiest things to come down on is the softwood lumber agreement. He is staying on the sidelines right now.

Show full opinionHide full opinion

He is a little more concerned about forest products and lumber companies right now in the short term. One of Trump’s promises was to come down hard on trade, and one of the easiest things to come down on is the softwood lumber agreement. He is staying on the sidelines right now.

BUY
BUY
October 24, 2016

It is a regulatory risk when you look at the softwood lumber agreement. You will see more softness in these stocks. Take a long look at prices and charts, but accumulate positions because they are not making any more trees.

Show full opinionHide full opinion

It is a regulatory risk when you look at the softwood lumber agreement. You will see more softness in these stocks. Take a long look at prices and charts, but accumulate positions because they are not making any more trees.

COMMENT
COMMENT
August 17, 2016

(Market Call Minute.) He likes this. A well-run company. They are producing lumber and are in the right position. It will benefit if US housing continues to improve.

Show full opinionHide full opinion

(Market Call Minute.) He likes this. A well-run company. They are producing lumber and are in the right position. It will benefit if US housing continues to improve.

(Market Call Minute.)

Showing 31 to 45 of 160 entries