to join the discussion
YRK up 4.15% today on what looks like decent timber demand signals, but that P/E is still looking stretched for a cyclical play. Anyone else worried the lumber uptick is temporary or reckon we're seeing genuine recovery in the sector?
YRK slipping 0.51% to R1.94 is fairly routine noise for timber stocks given the lumber cycle volatility we're seeing lately.
timber stocks getting hammered across the board but yrk at r1.91 is starting to look like value if you believe the cycle turns. forestry stocks are cyclical ngl, and rand weakness usually helps exports but load-shedding has crippled processing costs. institutions been quiet on this one, reckon they're waiting for a catalyst before stepping back in.
York's got real assets in the ground and the rand weakness should be helping export margins, but the timber cycle is brutal and you're competing against Sappi who at least has diversified revenue streams. At R1.91 the yield isn't screaming value yet, positioned perfectly might be too strong a call until we see what next earnings actually look like.
SPENT SOME TIME ON YRK FUNDAMENTALS LATELY, TIMBER CYCLE TURNING!!!
Timber's been getting smashed globally and locally, rand weakness doesn't help either when you're trying to export. At R1.91 the yield's decent if they can keep the dividend, but the real question is whether demand comes back before cash runs out.
Timber demand from construction and export is structural, not cyclical. YRK's positioned perfectly in a sector where supply constraints actually favour the incumbent players, unlike what we see with the mega-cap miners constantly fighting oversupply. At R2.08 the multiple looks reasonable relative to cash generation in a business that benefits from rand weakness. The future excites me here.
timber is cyclical hey, rand weakness helps export side but domestic construction still slow. at R2.08 you're pricing in recovery that hasn't landed yet, where's the actual revenue growth.
YRK up 1.04% to R1.94 today, but timber stocks are getting squeezed compared to the broader Resources index. Peer Sappi's trading way ahead on earnings momentum and international exposure, making YRK look like it's lagging the sector recovery.
YRK up just over a percent to R1.92, nothing spectacular but at least it's not fighting gravity like it was earlier in the year.
algos taking it down again. big wall appeared at R1.90 outta nowhere
YRK up 2.69% today but the timber cycle remains unforgiving. Long-term the business faces structural headwinds from declining plantation yields and weak export demand, though current valuations might offer some entry points if management can demonstrate margin improvement over th
York's 2.70% pop to R190 reflects the timber sector's renewed appreciation for long-cycle asset valuations, though I remain cautious on embedded wood price assumptions embedded in current multiples given cyclicality risks. For a 50-year family office mandate, the critical questio
YRK's 6% washout today breaks below the 200-day MA on lower volumes, which typically signals distribution rather than capitulation. Has anyone backtested whether timber cyclicals reverse on these technical breaks, or are we just watching ROIC deteriorate as input costs remain ele
YRK and the Resources sector both under pressure. R185.00, -6.1%. Sector call or stock-specific?