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West Fraser Timber Co. Ltd. (WFG)

NYSE - NYSE Delayed price. Currency in USD
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90.49-0.12 (-0.13%)
At close: 04:00PM EST
90.49 +0.03 (+0.03%)
After hours: 04:00PM EST
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  • w
    wiley
    This is doing very well as of late on a relative basis. Back in and long.
  • F
    Foster
    So is there any news today to cause this or is this just the result of the overall market and a drop in other commodities? I did note that lumber sold off some today too.
  • F
    Foster
    Looks like the inflation party is over. Did someone send a memo that I didn't read? OSB is going down to $5.00 per sheet and oil is dropping back to $40. All sectors hit overnight including metals and wood. What a joke! I would buy more of everythign here if I was not totally invested. Oh well, you guys will have me a round for a while now. Good Luck!
  • B
    Brad
    $RFP conversation
    Lumber is expanded limit up again today. Just keep in mind how much EPS RFP generates with every $25 dollar move. Yesterday was $30 limit, today $45 limit, that's $75 in two days and equates to just under $150 million annually in increased operating income by their own numbers. That's huge, and lumber is $700 up off the August lows. It's nuts the cash they'll be printing here along with other lumber producers like $WFG
  • A
    AltheaTrader
    Special $2 dividend?
  • B
    Brad
    $RFP got a higher price target today from RBC, probably means a few coming for WFG too, lumber prices rocketing up the last month can no longer be ignored by the analysts
  • F
    Foster
    Don't expect these prices to hold. According the the Biden Administration, Inflation is "Transitory". That means, you have to pay the higher prices and the liberals won't be held responsible. Good luck guys. I bought 1,200 last week at 94.
  • R
    Richard
    Look for $100 tomorrow.
  • B
    Brad
    Another atmospheric river about to roll through British Columbia with 3 days of rain. What makes it worse is this is on top of existing snowpack, which will melt from the rain and ratchet up flooding. Some calls of it being a 100-200 year flood event in some areas. If the last flooding helped drive up lumber prices due to shortened supply, what will this do? Coupled with COVID issues with mills. The only fear is lumber gets irrationally high where demand destruction starts to hit a bit
  • c
    carter
    Cibc upgrade 120->150
  • c
    charles
    140-50-60 coming enjoy the ride I’d say , any comments?
  • F
    Foster
    Help me out folks. I am an American who owned OSB for years! Of course I sold it just before they got bought out at a premium. Is this the company who bought Norbord OSB? If so, their corporate profile underplays their size as the largest OSB manufacturer even over LPX. What I can't understand is why this stock is so cheap, even at 52 week highs? Note, this is nothing new. I own BG which by coincidence is trading at nearly locked step with WFG. BG is printing money too, but no one cares about BG which is doing 50 billion U.S. annual sales with very few shares outstanding. However, I am stunned that WFG is even more profitable per share than BG. So, I would immediately sell half of my energy names and mining names and even half of my BG, and dump it all into WFG, but I know better. I am 67 and I know that no one cares about earning's, otherwise, there would be zero dollars invested in Bitcoin. So what am I missing here? Please help me. Note, I also hold many shares of Canadian CNQ, IMO and PEY.TO. I am pro-Canada. I would move there but it is a little colder than Tennessee!
  • c
    carter
    Strong finish wonder what price will be on Canadian side on Wednesday
  • Y
    Yahoo Finance Insights
    West Fraser Timber is up 4.94% to 99.11
  • J
    Jhn
    The sleeping giant is getting ready to rumble
  • J
    Jhn
    Look out for this stock - it is just gathering momentum. Like the wild horses that were once prevalent in the Caribou. Still some wild horses in West Fraser's western valleys.
  • B
    Bread and butter
    Looks like the tarrifs are having an effect on lumber futures. That coupled with low interest rates and a housing scarcity is a recipe for elevated lumber prices. Temporary disruption of lumber supply from BC was the catalyst to set off another boom. West Fraser has the benefit of acquiring a substantial number of mills in the US south which will benefit big time.
  • Y
    Yahoo Finance Insights
    West Fraser Timber is down 5.19% to 88.20
  • Y
    Yahoo Finance Insights
    WFG.TO reached an all time high at 116.09
  • B
    Brick
    WOW what just happened today???