Q: Hello Everyone,
I am a new member with my first question.
I am interested in 5Is opinion on the ongoing housing recovery in the US as it relates to Canadian Forestry sector. More specifically has your opinion changed on Acadia Forest(ADN) who suggested in their year end that they were expecting increased revenue based on saw log prices in Maine.
Finally with OSB demand growing, do you have an opinion on Ainsworth Lumber (ANS) and their very upbeat forecast through 2015. I believe that ANS is trading at 7.5 x Forward Earnings.
Thx
I am a new member with my first question.
I am interested in 5Is opinion on the ongoing housing recovery in the US as it relates to Canadian Forestry sector. More specifically has your opinion changed on Acadia Forest(ADN) who suggested in their year end that they were expecting increased revenue based on saw log prices in Maine.
Finally with OSB demand growing, do you have an opinion on Ainsworth Lumber (ANS) and their very upbeat forecast through 2015. I believe that ANS is trading at 7.5 x Forward Earnings.
Thx