Added to YB: 2024-10-07
Pitch date: 2024-10-06
GFP.TO [bullish]
GreenFirst Forest Products Inc.
-11.23%
current return
Author Info
No bio for this author
Company Info
GreenFirst Forest Products Inc. engages in the forest products business that manufactures, markets, distributes, and sells lumber products in Canada and the United States.
Market Cap
CAD 77.3M
Pitch Price
CAD 6.50
Price Target
N/A
Dividend
N/A
EV/EBITDA
4.10
P/E
-2.85
EV/Sales
0.25
Sector
Paper and Forest Products
Category
value
GreenFirst (GFP.TO) Rebounds with Multiple Catalysts: Reverse Split, Tender Offer, and Potential M&A on the Horizon
GFP.TO: Undervalued Canadian lumber producer at $0.50 vs $1.70 NAV. Catalysts: 10:1 reverse split, odd-lot tender, Kap Paper spinoff. Potential M&A target (IFP owns 16%). $110M+ asset sales, $60M+ debt reduction. Profitable at $550-600 lumber prices. $300M+ in assets vs $90M market cap. Limited downside, insider ownership.
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