Q: I recently browsed through the 2014 annual report of western forest and was surprised to discover that the native tribes may have a claim on their lands. Do I need to be concerned?
Q: WEF is on the move. Is it a good growth opportunity with latest earnings and forest product cycle due to US housing etc. Would it be a good addition to portfolio (5%)?
Q: As the share price of WEF was declining yesterday, the volume of trading doubled from its average of 2M to 4M shares. Does this indicate a single acquirer for a good portion of the transactions on the day? Trying to read the unusual activity as the share price declines.
Q: Good Morning
I have a 3% holding in WEF as my only forestry stock. The few major holdings I have are limited to about 3%. With the recent significant decline in the price of this stock would you advise an increase of 1% or so, or choose another investment?
Q: I have a small position in WEF and am looking to increase my exposure to the sector. If you were to choose one lumber play today, which one would it be? And what indicators would you be looking at that might signal that the sector is starting to move again. Thanks.
Q: Western Forest Products has dropped from its recent high, while West Fraser Timber got back to its high. I assume this is because $WFT was mentionned in an article on Bloomberg as well as in LesAffaires. Do you think that's likely it, or did I miss a piece of news? $WEF, which is lagging, is cheaper and pays a dividend. I'm intrigued. Also, it seems to me forestry stocks are in an excellent position right now, with not only lower oil prices but a lower CAD. I'd love to get your insight.
Q: Can't seem to find out what happened at WEF. Dropped nearly 25% in the last 10 days. One director resigned & another officer - Cairo sold out his position. Am I missing something else?
Thank you.
Q: Hi Peter & Team,
Following your answer to Selwyn, Sep. 25th, please explain your comment"...and it is very cyclical"
Did you mean seasonal cycle (winter, summer etc.) or housing starts?
The chart shows a straight growth of 250% in 3 years.
Thanks,
Morris