Q: What is your opinion of WEF's quarterly numbers? Down from Q2 but still pretty healthy? Market doesn't seem to like it even though the company appears to have net cash on the balance sheet, is buying back shares and pays a small dividend? Guess it is better to buy a company that is only a concept and has steady losses and MAY make money some day in the future!!
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Investment Q&A
Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.
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Mastercard Incorporated (MA)
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Canadian National Railway Company (CNR)
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Linamar Corporation (LNR)
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Algonquin Power & Utilities Corp. (AQN)
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Kinaxis Inc. (KXS)
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Western Forest Products Inc. (WEF)
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Magna International Inc. (MG)
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Block Inc. Class A (SQ)
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BMO Equal Weight US Banks Hedged to CAD Index ETF (ZUB)
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WELL Health Technologies Corp. (WELL)
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TD Science & Technology Fund - D Series (TDB3098)
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TD Health Sciences Fund - D Series (TDB3099)
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Geyser Brands Inc. (GYSR)
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Lightspeed Commerce Inc. Subordinate Voting Shares (LSPD)
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CrowdStrike Holdings Inc. (CRWD)
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Unity Software Inc. (U)
Q: Hi Peter and staff,
Thanks for the great information that you guys provide.
These are the holdings in my wife's TFSA account. I have owned CNR since March of 2020 and have done quite well but I'm wondering if this stock has reached the top of the price range and it's time to move on. The average Price Target is $165. Do you think that CNR still has upside or can you name two stocks to replace it.
Thanks and have a great day
Joe
Thanks for the great information that you guys provide.
These are the holdings in my wife's TFSA account. I have owned CNR since March of 2020 and have done quite well but I'm wondering if this stock has reached the top of the price range and it's time to move on. The average Price Target is $165. Do you think that CNR still has upside or can you name two stocks to replace it.
Thanks and have a great day
Joe
Q: Forestry stocks are down 10-30 percent. Is it time to buy, hold or sell?
Q: Lumber futures are in a bear market now. Would you think the lumber trade is over? is something worse going on with WEF then compared with other lumber companies?
Time to sell?
Time to sell?
Q: Significant drop in the share price today. Any news that you are aware of?
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Stella-Jones Inc. (SJ)
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Interfor Corporation (IFP)
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Western Forest Products Inc. (WEF)
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Acadian Timber Corp. (ADN)
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West Fraser Timber Co. Ltd. (WFG)
Q: Hi gang
Which of the above is my best pick for a 2 to 3 year (more or less depending on what happens to this surge in lumber) buy? I would like to jump on this wave!
Thank you and stay safe...
Which of the above is my best pick for a 2 to 3 year (more or less depending on what happens to this surge in lumber) buy? I would like to jump on this wave!
Thank you and stay safe...
Q: Hi,
Is it too late or is there still room to play the lumber industry?
Which of the 3 companies would be the best play for the remaining innings.
Please rank by upside.
Best Regards,
Ed
Is it too late or is there still room to play the lumber industry?
Which of the 3 companies would be the best play for the remaining innings.
Please rank by upside.
Best Regards,
Ed
Q: After a nice run, do you think it is a good time to take profits on Western Forest Products and move on or do you think there is still material upside from here? I don't typically sell stocks just because they have gone up but I feel like this name is more prone to pullbacks after big runs.
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Lennar Corporation Class A (LEN)
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Canfor Corporation (CFP)
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Western Forest Products Inc. (WEF)
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iShares Russell 2000 Growth ETF (IWO)
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iShares Russell 2000 ETF (IWM)
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Toll Brothers Inc. (TOL)
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iShares Russell 2000 Value ETF (IWN)
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West Fraser Timber Co. Ltd. (WFG)
Q: I own a fully position in IWN - with what's been going on lately with sector rotation (Growth verses value) should i see half the position and buy IWO (growth) or sell the entire position in IWN and buy IWM (both growth and value) ?
Second question I own significant holdings in WEF (overweight) WFG (1/2 position) and lastly Canfor (Full Position) My question is is it time to exit hold or reduce as lumber prices cannot stay at the present level forever?? (your comment please) maybe even sell some WEF some and go with a big house builder or even Lowes (I already own Home depot ) your guidance is appreciated
Second question I own significant holdings in WEF (overweight) WFG (1/2 position) and lastly Canfor (Full Position) My question is is it time to exit hold or reduce as lumber prices cannot stay at the present level forever?? (your comment please) maybe even sell some WEF some and go with a big house builder or even Lowes (I already own Home depot ) your guidance is appreciated
Q: Hi group lumber companies took it on the chin in 2 short days WEF went down 15% in the last 2 days as an example . Is the run over /(Time to cash in profits) or is this simply some folks taking profits. I know housing starts in the us are off but is the high price on lumber not the culprit here and also looking like lumber inventories remain low which should = higher prices for lumber going fwd. - your thoughts are always appreciated
Q: Wef announced Sunday night that it had sold non core assets at Port McNeil for 36 million. What asset was it and does this improve the Company’s prospects?
Q: Hi group sent question in last week about how to play commodities (recommendations) also do you agree the sector is in an upward trend and will it last. - still no answer
New question lumber stocks seem to be acting funny lumber prices are at record highs ($1,000 fbm) but lumber stocks are down 3 days in a row is it time to take profits on the sector or hold appreciate your views
New question lumber stocks seem to be acting funny lumber prices are at record highs ($1,000 fbm) but lumber stocks are down 3 days in a row is it time to take profits on the sector or hold appreciate your views
Q: re WEF
Seen lots of comments about various companies in building material sector but little on this one. Finally my holding has turned positive and up 21%. Worth holding onto or take another in same sector?
Seen lots of comments about various companies in building material sector but little on this one. Finally my holding has turned positive and up 21%. Worth holding onto or take another in same sector?
Q: Can you clarify what effect the administrative review on duties will mean for Wef in terms of their cash costs to sell into the US?
Q: You last commented on this company in October and at that time you did not view this stock favourably. On November 5th their 3rd quarter financial results were released. Has your view changed - do you think this might be a buy at this point ?
Q: Lumber prices have risen dramatically in the US as new housing demand is very robust. I don't understand why the Western Forest Products stock price has not benefited from this. Any opinion? Thanks!
Q: Hi Peter,
I am down a little over 50% on Western Forest. It is in my TFSA account, so I will not get any benefit as a tax loss. I am willing to hold on to it if there's a reasonable chance that in a year or two the stock will start growing and a dividend will be re-instated. Would it be more prudent to sell the stock and take the loss and buy something else? And, do you have any suggestions for a replacement?
Jane
I am down a little over 50% on Western Forest. It is in my TFSA account, so I will not get any benefit as a tax loss. I am willing to hold on to it if there's a reasonable chance that in a year or two the stock will start growing and a dividend will be re-instated. Would it be more prudent to sell the stock and take the loss and buy something else? And, do you have any suggestions for a replacement?
Jane
Q: Do forest fires in the US northwest imply better prices for Canadian lumber producers, or are the effects of supply destruction outweighed by trade war dynamics? Supposing a demand surge materializes, will it be specific to west coast producers? Of the latter, do you continue to favour WFT?
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Newell Brands Inc. (NWL)
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H&R Real Estate Investment Trust (HR.UN)
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Birchcliff Energy Ltd. (BIR)
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Laurentian Bank of Canada (LB)
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Transcontinental Inc. Class A Subordinate Voting Shares (TCL.A)
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Western Forest Products Inc. (WEF)
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Spin Master Corp. Subordinate Voting Shares (TOY)
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Anheuser-Busch Inbev SA Sponsored ADR (Belgium) (BUD)
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HEXO Corp. (HEXO)
Q: These are my biggest losers across my accounts. What are their prospects? Are any worth keeping, or is just time to move on? I don’t mind some risk, but don’t want to hold the hopeless ones any longer.
Len
Len
Q: What do you think of wef’s earnings release?