In short: Third of "the three Canadians" — same depressed-lumber thesis: very discounted on normalized earnings, strong financials, much of the business in the US, capacity coming out of the market.
Interfor is the third Canadian lumber producer in the group (Toronto-listed; over-the-counter as IFSPF). Same playbook again: very cheap on normalized earnings, a strong balance sheet, and a large U.S. business.
It's a patient, contrarian bet on a beaten-down commodity — buy while lumber is hated and capacity is leaving the market, then collect the earnings when prices normalize.
1:00:14So you're happy to get a 3 or 4% yield, and so Weyerhaeuser, but the Canfor, West Fraser, Interfor, those are the three Canadians that have a lot of business in the US and they're a lumber company, and so those businesses we think are very discounted in terms of valuation today. — Bob, this was incredible.
Nothing matches this filter.
Verbatim excerpts from the public transcripts (auto-pulled at each mention's timestamp, lightly cleaned). Timestamps link into the video; "source page" opens that commentator's full analysis at this row. Click a mention's header line to expand it (one open at a time). For personal study — not investment advice.