SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Value Investing

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: bruwin who wrote (66489)2/9/2021 7:24:17 PM
From: E_K_S  Read Replies (1) of 78817
 
Re: RFP - I pass on RFP and instead been buying CFX.TO
Only one year in 5 w/ positive earnings (2018). EBITDA a bit better probably because they depreciate their Trees/lumber
RFP Income Statement- 5 years 2016-2019


I have been buying CFPUF (CFX.TO) a similar company; headquartered in Canada w/ properties in US including tree farms.

This was suggest by a few Value Investors on this page. I have been accumulating shares w/ avg price of $6.14/share. Plan to Buy up to BV=$CAN 8.03 = $US 6.18

Canfor Pulp Products Inc produces and sells northern bleached softwood kraft pulp, or NBSK pulp and paper. The company also generates and sells electricity from biomass out of its pulp plants in Western Canada. The firm organizes itself into two segments based on product: pulp and paper. The pulp segment generates the majority of revenue. Canfor Pulp's NBSK pulp customers are typically manufacturers of tissue paper, specialty paper, and printing and writing paper. Most of Canfor Pulp's revenue comes from Asia. The majority of the company's shares are owned by Canfor Corporation.

Note only 1 year of losses (2019) but positive EBITDA in last five years
Also pays $0.25/year dividend or 2.7% yield


NOTE: Second quarter of 2019 reported operating loss of $50 million• Operating loss of $5 million after adjusting for duties, restructuring costs and reversal of inventory provision• Adjusted shareholder net loss of $12 million, or $0.10 per share - link to 2019 Q2 Report

CFX.TO Income Statement- 5 years 2016-2019 (Income Statement in $CAN)


These Ratios are in $CAN where appropriate

Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext