(WEF) Western Forest Products, Inc

Them_apples

Junior member
13 0
has a P/e ratio of 10.76

It's trending upwards https://www.google.ca/finance?q=TSE:WEF&ei=T2F9UtCLK4nbqQGPnAE

and has buy ratings and strong buy ratings on most sites, price target is set to 2.30 by CIBC, 1.80 averaged by other sources.

I checked the companies info on their site and everything seems quality from what I know. i'm a noob though, what does everyone think?

I'm thinking of buying it in the next "valley"
 

Them_apples

Junior member
13 0
Since i posted this, the stock has gone from 1.60 ish to 1.75 it peaked today. it just broke it's 52 week high and its still got a pretty low p/e ratio. looking at its competitors it is under valued in every way.
 

Them_apples

Junior member
13 0
just updating...the stock hit 2.43 today and has had its price target raised to 2.70 on some accounts.

Low P/e, good accounting sheets, housing boom in the states...should by most accounts keep going up.

WEF has a very large worldwide customer base as well, and hasn't been effected by the pine beetle epidemic (an issue in the B.C lumber industry)

q4 on Feb 20..
 
 
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