Like everything I have seen from you so far, this is great. Great run up in lumber and crickets on the stock. I think this is a team where buy backs at low prices are very likely.
What do you think of the YAVB podcast with Mike Mitchell, Greenfirst's connection with Kyle Cerminara and the negative articles relating to Kyle Cerminara by Roddy Boyd and The Bear Cave?
Interesting. But this from the article you cited seems unaddressed. 'In fact, Mason thinks that, for a normal year, there are still too many sawmills operating relative to demand. “There’s still another billion board feet of capacity that needs to come out of British Columbia.”' Wouldn't that weigh directly on the thesis?
Like everything I have seen from you so far, this is great. Great run up in lumber and crickets on the stock. I think this is a team where buy backs at low prices are very likely.
What do you think of the YAVB podcast with Mike Mitchell, Greenfirst's connection with Kyle Cerminara and the negative articles relating to Kyle Cerminara by Roddy Boyd and The Bear Cave?
Interesting. But this from the article you cited seems unaddressed. 'In fact, Mason thinks that, for a normal year, there are still too many sawmills operating relative to demand. “There’s still another billion board feet of capacity that needs to come out of British Columbia.”' Wouldn't that weigh directly on the thesis?
How long does the new management expect it to take before utilization is increased?
Interesting. How did you arrive at the 4.5x multiple? Peers trade at 4x and are far more liquid.
Your point stands that if lumber stays at 5/600, GFP turns out to be a good bet.