Tembec Inc. (fka TMBCF)

[Renee]

TMBCF: Tembec Shareholders may receive, as elected, in respect of each Tembec Share held, either: (i) $4.75 in cash; or (ii) 0.2542 of a share of Rayonier AM common stock (each whole share of Rayonier AM common stock, a “Rayonier AM Share”), subject to proration. Fractional shares will be paid in cash.

FINRA deleted symbol:

http://otce.finra.org/DLDeletions

[nowwhat2]

Canadian west coast plywood city

[nowwhat2]

Tembec Baby !..... Lumber (and trees) ;





7 days earlier :

[nowwhat2]

TMB de 12 1yr update BO on a tear.jpg

[nowwhat2]

Following up on that there post.....

Yup she's breaking out alright :


Before : (today is it's initial response to earnings)




After : 2 days later.....Up 14% today

[nowwhat2]

Thank-you Microsoft

[nowwhat2]

Breaking out whilst I research ;








Breaking out whilst I
research ; Here's why :

MONTREAL, Nov. 17, 2016 /CNW Tembec/ - Consolidated sales for the three-month period ended September 24, 2016, were $389 million, as compared to $373 million in the same quarter a year ago. The Company generated net earnings of $12 million or $0.12 per share in the September 2016 quarter compared to a net loss of $32 million or $0.32 per share in the September 2015 quarter. Operating earnings before depreciation, amortization and other items (adjusted EBITDA) was $57 million for the three-month period ended September 24, 2016, as compared to adjusted EBITDA of $36 million a year ago and adjusted EBITDA of $26 million in the prior quarter.

For the fiscal year ended September 24, 2016, consolidated sales were $1.5 billion as compared to $1.4 billion in the prior year. The Company generated net earnings of $20 million or $0.20 per share compared to a net loss of $150 million or $1.50 per share in fiscal 2015. The prior year loss included a non-cash loss of $81 million related to the translation of US dollar denominated debt. Adjusted EBITDA was $148 million compared to $70 million in the prior year. Operating earnings increased from $31 million to $99 million.

[nowwhat2]

Company reports on the 17th

Prob. pretty risky though...Nice charts you have there by the way. Thanks.
What's the "platform" ?
Most charts reveal that activity is picking up (pre this earnings release)

[nowwhat2]

Company reports on the 17th

Prob. pretty risky though...Nice charts you have there by the way. Thanks.
What's the "platform" ?
Most charts reveal that activity is picking up (pre this earnings release)

[stocktrademan]

TMBCF bullish 1.0194

normal chart


log chart