Viewing Company West Fraser Timber | StockChase
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Compiling comments that experts make about stocks while on public TV.

West Fraser Timber Stock Symbol: WFT-T

Last Price Recorded: $40.1900 on 2016-09-28

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Date Signal Expert Opinion Price
2016-09-27 COMMENT Michael Decter

Had owned this as a play on US housing, until he discovered just how much of the US housing is not wood, but concrete. A high-quality company, so if you are going to make that bet, it is probably the best pick. There is an ongoing softwood lumber issue which has some implications, and generates some uncertainty. Also, the US has gotten really good at growing their own timber and meeting the demands themselves.


Price:
$40.380
Subject:
CANADIAN LARGE
Bias:
UNKNOWN
Owned:
No
2016-07-22 HOLD John Zechner

He is a little concerned on lumber stocks. It looks again like they are not getting a deal with the US on softwood. That’s a bit of a problem. Housing starts in the US looks fine, and the Cdn$ down is more of a positive. They just reported, and had bad numbers, but it wasn’t on the lumber side, it was more on the pulp operations.


Price:
$43.850
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUS
Owned:
No
2016-07-15 COMMENT Michael Sprung

He likes timber stocks. Doesn’t own this, but it is certainly showing up on his screens at these levels. Housing cycles tend to be very long, and we have had a very good one since 2008. This stock is worth a good look at these prices.


Price:
$40.500
Subject:
CANADIAN LARGE
Bias:
UNKNOWN
Owned:
No
2016-07-11 WAIT Don Vialoux

Forest products in Canada have double seasonality.  From early March to beginning of October they move lower.  Buy then.


Price:
$37.120
Subject:
TECHNICAL ANALYSIS & SEASONAL INVESTING
Bias:
UNKNOWN
Owned:
Unknown
2016-06-01 HOLD Elliot Fishman

The stock looks quite good here. The only thing you need to concern yourself with is when it comes across areas where it has gone up and then come back down and then got stuck back up there again. It is now in an area where it has had problems getting through. If you were putting a Stop on this, it would be at $40.


Price:
$44.520
Subject:
TECHNICAL ANALYSIS
Bias:
BULLISH
Owned:
Unknown
2016-05-10 COMMENT Bill Harris, CFA

Forestry? His go to name in this sector is always this one. When he looked at it this winter, it wasn’t cheap enough. It’s all right on Fair Market Value and will make lots of money over the next couple of years when the US housing market recovers.


Price:
$44.380
Subject:
RESOURCE & INFRASTRUCTURE
Bias:
UNKNOWN
Owned:
No
2016-04-28 BUY on WEAKNESS Bruce Campbell (1)

(Market Call Minute.) Lumber stocks have lagged a little, and with US housing looking better, he would say this is a Buy on weakness.


Price:
$39.880
Subject:
CANADIAN LARGE
Bias:
OPTIMISTIC
Owned:
Unknown
2016-04-21 COMMENT Alex Ruus

A good company. With a lot of stocks in the commodity area, timing is very, very key when you are buying. Over the last 5 years, this has done quite well as we have gone from very depressed lumber prices to very good prices. With the slight pull down in China and Chinese growth, exports into China have slowed down. He expects we get back into rising prices a year from now. Likes the stock at this point.


Price:
$42.490
Subject:
NORTH AMERICAN
Bias:
OPTIMISTIC
Owned:
Unknown
2016-02-29 DON'T BUY Brooke Thackray

When looking at the timber sector, you want to look at some corollary investment that moves along with it. In this case, you want to track the housing sector, and if that is not doing well, timber stocks tend to not do well. Housing has not done well. We are getting late in the trade for this. Chart is showing a little bit of support, but it may be a dead cat bounce. Not something he would be entering into.


Price:
$41.830
Subject:
TECHNICAL ANALYSIS & SEASONAL INVESTING
Bias:
UNKNOWN
Owned:
Unknown
2015-11-30 BUY Don Vialoux

Lumber stocks are amazing.  Double seasonality.  Mid to end of Oct until Jan or to April.  Negative seasonality for the rest of the year.  The seasonal trade clicked in on time this year.  Technicals look good.  You have to love this stock.


Price:
$54.820
Subject:
TECHNICAL ANALYSIS & SEASONAL INVESTING
Bias:
BULLISH
Owned:
Unknown
2015-10-01 DON'T BUY Norman Levine

He is not rushing back to the sector because lumber is still going down.  There will be a time because the US housing market still remains okay.


Price:
$41.130
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH
Owned:
No
2015-09-25 HOLD Nick Majendie

This had an extremely good run until the last few months when lumber prices have been off. It is down quite a bit from its peak. This is the largest and lowest cost lumber producer in North America. It is also in pulp and paper and that is where the potential upside is. He likes the long-term outlook for US housing starts, but you have to be patient on it.


Price:
$47.920
Subject:
CANADIAN LARGE
Bias:
CAUTIOUSLY OPTIMISTIC
Owned:
No
2015-09-01 COMMENT Michael Sprung

Something to keep in mind with respect to these timber companies is that timber cycles tend to be long ones, and housing recoveries, like we are seeing in the US, tend to go on for a number of years. There has always been a dispute on importing Canadian lumber into the US, so our price advantage is not all that great when you look at just the foreign exchange component. If you are looking out a few years, this is not a bad one to look at.


Price:
$49.180
Subject:
CANADIAN LARGE
Bias:
OPTIMISTIC
Owned:
Unknown
2015-08-10 DON'T BUY John Zechner

Housing starts in the US have turned and are stronger, but sales to China have turned down.  Forward estimates on lumber prices are based on too high of a commodity price.


Price:
$57.010
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUS
Owned:
No
2015-08-05 DON'T BUY John Wilson

The 2 big catalysts for lumber stocks was the US and China. Feels lumber prices are ahead of where they should be. The US is starting to pick up a little. This would not be his timing to get into it now. China has lots of growth problems which doesn’t help. Canadian housing is seeing a slowdown in Alberta and Saskatchewan.


Price:
$57.940
Subject:
NORTH AMERICAN - LARGE
Bias:
UNKNOWN
Owned:
No
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