Western Forest Products (WFSTF)

[nowwhat2]

https://www.youtube.com/watch?v=TKdnSPZfI4k

[flemsnopes]

Lumber is what gold used to be in terms of inflation protection, and unlike gold, Wall Street banks apparently can't easily sell endless naked contracts at below-market prices. Plus, you can build useful things with lumber. It's hard to see how we lose given those facts.

[nowwhat2]

Nice huh ?......Holy doodle !.....What's the news ?.......The CFP/WFG merger talk ?


https://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=&insttype=&symb=ca%3Arfp&x=63&y=6&time=100&startdate=9%2F1%2F2019&enddate=7%2F29%2F2021&freq=1&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=0&maval=9&uf=0&lf=1&lf2=0&lf3=0&type=2&style=320&size=4&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=9






Unless.....

[flemsnopes]

May 21 contract now $1322 - planking gold.

[flemsnopes]

Too bad they can't mint lumber coins.

[flemsnopes]

Lumberrrred!
https://www.zerohedge.com/the-market-ear/ct9qjm7wd0

[fishhunter]

It seems like it would be difficult to freak out while sleeping? I’m getting old so I sleep like crap anyway. I rest easy with a smile when I think of my wood products stocks...Rfp, Wfstf, cfxtf. They will all rise significantly from here because of revenue and earnings. Perhaps the broader markets are now starting to notice?

[nowwhat2]

Conifex ?.....IFP ?......Man, I've been freaking SLEEPING

https://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=&insttype=&symb=ca%3Arfp&x=53&y=16&time=100&startdate=6%2F1%2F2019&enddate=5%2F28%2F2021&freq=1&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=0&maval=10&uf=0&lf=1&lf2=0&lf3=0&type=2&style=320&size=3&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=11



Feb 12th

[fivexshot]

Earnings will be released on 05 May 2021.

[fivexshot]

$WFSTF buyout rumor on YahooFinance.

[flemsnopes]

May 21 random length close yesterday - $1260.70. Inflation don't care about your fiat paper.

[flemsnopes]

duplicate post

[flemsnopes]

JPM is frequently accused of manipulating gold and silver markets through "spoofing" and through naked shorting in the futures markets- with the de facto backing of the Federal Reserve (too big to fail, don't you know). I formerly labeled such talk as conspiracy theory until I tried to buy gold and silver near the spot price.

[fishhunter]

I love WFSTF and WFSTFU would be even better but I don’t understand your JP Morgan mention.

[flemsnopes]

Apparently, J.P. Morgan can't manipulate lumber. WFSTF is sitting on the new "gold mine". If you add a U to the end of Western's stock symbol, it sums up the enormous potential in the popular vernacular, I think.

[flemsnopes]

Apparently, J.P. Morgan can't manipulate lumber. WFSTF is sitting on the new "gold mine". If you add a U to the end of Western's stock symbol, it sums up the enormous potential in the popular vernacular, I think.

[nowwhat2]

VANCOUVER, BC, March 31, 2021 /CNW/ - Western Forest Products Inc. (TSX: WEF) ("Western" or the "Company") first quarter 2021 financial and operating results will be released on Wednesday, May 5, 2021.

[fivexshot]

Wait till Q-3 comes out!!!

[nowwhat2]

Man, this thing's a beast like eh ?....



Ooops, spoke too soon - Last 1.92 (WAS 1.94)

[fivexshot]

Hey gang, sorry about the bad link on that first post. That's why I re-posted the 2nd time. Cheers to all WFSTF shareholders!

5x

[fivexshot]

A tsunami of inflation is coming at home builders, remodelers, & contractors. $WFSTF is right where you want to be (for the money). Going long, into Q-4 here baby!!! Read this:

https://www.google.com/url?sa=t&source=web&rct=j&url=https://www.king5.com/amp/article/news/local/lumber-prices-washington-home-prices-increase/281-7d1e1007-3014-4a39-a062-93fc45295d73&ved=2ahUKEwj-yeyMqdzvAhWBW80KHV_ECVYQFjAAegQIAxAC&usg=AOvVaw2mxSQcbMnrHVDxNLA_3cBv&cf=1

[fivexshot]

A tsunami of inflation is coming at home builders, remodelers, & contractors. $WFSTF is right where you want to be (for the money). Going long, into Q-4 here baby!!! Read this:

httpss://www.google.com/amp/s/www.king5.com/amp/article/news/local/lumber-prices-washington-home-prices-increase/281-7d1e1007-3014-4a39-a062-93fc45295d73

[nowwhat2]

RFP sure caught a lift - Wish I'd bought some of THEM !


Loading the boat here every day ?.....



Man, I haven't even dollar-cost averaged up yet (on my original $1,860 entry)

Should'a done that when 1.66.....Closed today 1.81 - Nuthin' wrong with that.....

You seem to have exceedingly high expectations !....Which. LONG TERM I guess make sense




Last 1.81 so sure.....COULD GET up to $3 perhaps.......provided lumber keeps on climbing

[fishhunter]

Not sure why this one isn’t keeping up but I keep buying about 5000 shares each day. Today I bought 11000.

[nowwhat2]

Wow - Closed here


From here

[nowwhat2]

1yr Cup Channel

[nowwhat2]

Broad market weakness can greatly impact the port

Chart's still (barely) hanging in there

https://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=&insttype=Stock&symb=ca%3Awef&x=35&y=15&time=100&startdate=1%2F1%2F2021&enddate=4%2F10%2F2021&freq=1&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=0&maval=9&uf=0&lf=1&lf2=0&lf3=0&type=2&style=320&size=3&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=9

Whole Lumber Sector's been taking a thrashing (as I imagine you've noticed) ?

https://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=&insttype=&symb=ca%3Awfg&x=66&y=13&time=100&startdate=1%2F1%2F2021&enddate=4%2F10%2F2021&freq=1&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=0&maval=9&uf=0&lf=1&lf2=0&lf3=0&type=2&style=320&size=3&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=9

[fishhunter]

I’m surprised this hasn’t yet headed back up today. It is worth a ton more than current price.

[nowwhat2]

Big day for Lumber - Spikes to 935 (up 4.5 %)

WEF = Top Sector Performer





Big day for Lumber - Spikes to 935 (up 4.5 %)
https://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=&insttype=&symb=lumber&x=0&y=0&time=100&startdate=1%2F1%2F2020&enddate=3%2F30%2F2021&freq=1&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=0&maval=9&uf=0&lf=1&lf2=0&lf3=0&type=2&style=320&size=3&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=9


How's the fishin' goin' ?

[nowwhat2]

Looking good !.....

[fishhunter]

Two decent sized insider buys on March 18th at about $1.40 usd.

[nowwhat2]

I dunno - This was 10yrs ago - And I imagine they still got lots to sell

https://www.timescolonist.com/news/local/bids-pour-in-for-western-forest-products-island-1-861-hectares-in-34-titles-1.3360



Regardless - the market seems to be just loving this last sale

Last seen trading at around 1.80 (this from 2 days ago)

[nowwhat2]

Sells....



Quarry.

[nowwhat2]

Oh okay I see......Sho nuff - Here we go


This is/was them selling a property down the road


For 36 million - Which might help their books ?







Why, they just sold "the Orca Quarry" !.....Damn.....Why, that might NOT be good !....Looks HUGE



https://www.google.ca/search?q=+Orca+Quarry+located+near+Port+McNeill&tbm=isch&ved=2ahUKEwid1oOGirjvAhV5GDQIHd3kBhcQ2-cCegQIABAA&oq=+Orca+Quarry+located+near+Port+McNeill&gs_lcp=CgNpbWcQDDoHCCMQ6gIQJ1Ca-WlY241qYJ-lamgBcAB4AIABX4gBX5IBATGYAQCgAQGqAQtnd3Mtd2l6LWltZ7ABCsABAQ&sclient=img&ei=t1pSYN2eOPmw0PEP3cmbuAE&bih=578&biw=1280



Market seems to like it tho - Although todays spike I suspect was due to Homebuilders' stocks "soaring"





Sold a US infrastructure play....This I imagine is the very same one
https://www.timescolonist.com/business/first-nation-confident-quarry-will-deliver-benefits-1.23104581

https://investorshub.advfn.com/US-Concrete-Inc-USCR-24132/

USCR chart https://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=&insttype=&symb=uscr&x=32&y=10&time=100&startdate=1%2F1%2F2000&enddate=5%2F20%2F2021&freq=1&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=0&maval=9&uf=0&lf=1&lf2=0&lf3=0&type=2&style=320&size=3&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=9

[nowwhat2]

I didn't say 350 acres in the area is worth between $1million and $3million

That might be the case on Baffin Island, but not Vancouver Island....

[nowwhat2]

Per 5 or 10 acres

Am noting also that WEF is outperforming most others today - NICE upside upspike

[fishhunter]

350acres in that area is worth between $1million and $3million. Insignificant.
Look at the MLS listing.

[nowwhat2]

It's almost a real estate play as well for their 350 acres in Shirley (about 20 miles from where I live), might be worth close to say 100 million plus IT'S probably only (I imagine) about 1/4 of their land holdings in that area ?

https://www.vicnews.com/news/land-sale-could-threaten-shirleys-water-supply-officials/


https://www.sheringham-acres.com/our-property-copy

[nowwhat2]

[fishhunter]

This should have already hit $2.50.
I’m buying more, a lot more!

[fishhunter]

Favorite is still RFP in this sort of sector.

[fishhunter]

Also been buying CFXTF. Lumber play and biomass electricity producer.
It isn't going to skyrocket but it is a deep value pick.
After Q1 will not have any short term debt.
It is worth $3.50 USD.

[nowwhat2]

High this morn. $1.75

[nowwhat2]

Reinstated the dividend even.
So swell.

[nowwhat2]

Me I saw that LUMBER looked good........Therefore I bought in




Nowwhat ?




Plus I saw stupid cups 'n stuff (that's what made me think)





1,3,5,7,9......ANYONE can DO this stuff !....It's not very hard

[fishhunter]

$250mil in ebitda is possible for 2021.
That conservatively suggests a $1.5bil market cap.
Stock is worth $3.50 right now.

[fishhunter]

Truly stellar results!
Big profits.
Huge debt reduction.
Reinstate dividend.
And best of all ......great outlook!
Will buy a ton more in the am

[fishhunter]

Bought more today and will again tomorrow.

[fishhunter]

The more I study this stock the more I like it.
Q4 report should light the fire.

[fishhunter]

Good stuff! Thanks for sharing.