Professional
Added to YB: 2024-08-22
Pitch date: 2024-08-21
GFP.TO [bullish]
GreenFirst Forest Products Inc.
+64.86%
current return
Author Info
River Oaks Capital is an investment fund that invests in a concentrated number of small, underfollowed micro cap & small cap public companies. Sign up for the newsletter.
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 3.50
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
turnaround
River Oaks Capital Portfolio Holding: GreenFirst Forest Products Inc.
GFP.TO: $50M mkt cap. $110M+ non-core asset sales, $60M+ debt reduction. Spinning off Kap paper mill. $80M duties, $8M land sale, $15M pension to monetize. 4 lumber mills (510 MMfbm) + $70M+ inventory at $0 value. $20M+ FCF/yr at $550-600 Mfbm. $200M+ mill sale potential. $120M tax losses. Positioning for sale to major Canadian lumber player.
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