Norbord Inc. is a Canada-based producer of wood-based panels. The Company is engaged in manufacturing, sales, marketing and distribution of panelboards and related products used in the construction of new homes or the renovation and repair of existing structures. Its geographic segments include North America and Europe. It also produces oriented strand board (OSB), and manufactures particleboard, medium density fiberboard (MDF) and related value-added products. It has over 20 plant locations in the United States, Canada and Europe. In North America, the Company owns over 10 OSB production facilities located in the Southern region of the United States, Western Canada, Quebec, Ontario and Minnesota. In Europe, it operates an OSB production facility, two particleboard mills and one MDF mill in the United Kingdom and one OSB production facility in Belgium. Its OSB products are sold in North America under the brand names, including SolarBord, TruDeck and StableDeck.
I must wonder how to invest in this company. It has a rediculous dividend, however it seems to be able to support it making and EPS of $6.50. In the past week it has fallen more then 15% however it also released a $4.50 dividend which is 12ish %. Is this a smart stock to hold long and reinvest the dividend, or should this be a stock to sell and cut loses
Hello, anybody here...Is the OSB freefall over (whew! from $42 to $25)? There is no news. I am confused. I think if this turns around, this can go along with XHB. Technicals are stabilizing. I do have a question: OSB has no options. So, is there any creative way of protecting my position in case I go all in?
This company has recently caught my attention. I will be following it over the next couple of years with an eye toward getting in, if the situation looks conducive. Right now, I show OK value on this stock at $31.73.
