LPX
Louisiana-Pacific Corporation
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If I were to DCA for 2 years into two large cap value plays for long term hold, what would you recommend?
Inmates Running the Asylum: Low Quality Articles on Investing and Stock Picking by Journos Pretending to be Investment Analysts
Inmates Running the Asylum: Low Quality Articles on Investing and Stock Picking by Journos Pretending to be Investment Analysts
Louisiana-Pacific declines as it forecasts slowing OSB revenue in Q1 (NYSE:LPX)
Berkshire Hathaway Q4 Updated 13F: Cut stake in TSM by 86%
Opinions on these stocks? WIRE, LPX, ACLS, KLIC, ATKR, MATX
Opinions on these stocks? WIRE, LPX, ACLS, KLIC, ATKR, MATX
F13 Q3 Update: Berkshire Hathaway Just Started a Position in Taiwan Semiconductor (TSM) and Trimmed Activision (ATVI)
Why RFP has insanely good value and is trading at a discount compared to it's peers.
$BCC Boise Cascade Potential M&A Target 25% - 30% upside
Lumber DD: Ignore the Misinformation/Clickbait. The actual price of lumber is still RISING and data shows future demand still very high.
Can someone explain what signal I missed here? [Commodities option]
Helpful Sources for Understanding the Lumber Industry and the Value of Lumber Companies
The case for Lumber gang. Bullish $BCC, $ITB, $LPX. Bearish on home builders.
Let's talk Lumber Gang! Bullish on $BCC and $LPX. Bearish on Home Builders.
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Suppliers Beneficiaries: Weyerhaeuser (WY), Louisiana-Pacific (LPX) Why? If tariffs hit Canadian lumber (a major U.S. import), domestic suppliers could see higher prices and increased demand. Chatgpt
$ZONE LPX 10/27 warrants $5.00 Boustead and Sutter...
Another new ATH for Louisiana-Pacific $LPX which is a $8B small cap home building materials company. The US is going to be forced to build more housing regardless of interest rates even if it is only rental properties. Armstrong $AWI is also a few dollars from a new ATH. Those are my 2 best performing small caps that just happen to be both be in the home building material categories. Sorry for spamming non tech stocks here this morning : )
Bought calls for LPX and EXAS. Liked the price for both of them and they shot up pretty well. After market looks good for both too. I think LPX won't trend bearish anymore and expect it to explode when market opens. They've done well previous earnings despite market instability and they have a promising side ventures as they try to be more cash stable (they've reported more cash flow). I think with good guidance the stock moves up 10 percent.
I'm a CAD/CAM user with 128gb of Corsair Vengeance LPX. No RGB. If you're going to be regarded, please put your football helmet back on and eat your graham crackers in the silent corner
JHX going to pull a LPX on earnings?
That’s why LPX was up 20% on earnings as they increased their siding cost by 38%. Show me soft inflation without cooking the books please
Circular winds = Calls on HD and LPX
LPX😳 I just mentioned buying it a couple weeks ago. Says they are up because they increase siding prices 38%. So much for inflation slowing
Louisiana-Pacific $LPX is up 16% today and just hit a new ATH. Maybe Warren Buffet knows something about the home building stocks. I think $LPX is a great company, but I just sold out of my position this morning.
LPX with a pretty phenomenal earnings call this morning.
Calls on LPX. They are going to be needing some building supplies in Tornado Alley
I bought $10k worth at $69.05 back in March. They had $14/share in net cash per share, so really I was buying their core operations for $55.01. I am familiar enough with construction, BFS, Weyer, and LPX. I actually stumbled upon BCC looking into LPX. You are the first person I’ve seen to speak to their distribution segment, it’s really the backbone of the company in my opinion. No peer comes close to the scope and depth of their warehouse distribution network. The wood segments largest customer is the wholesale segment, so I really see them as a distributor and am surprised to see the first other comment speaking to this. Would love to pick your brain if you work for a supplier. I’ve made about 75% YTD on this (including the 12/15 $5.30/share dividend) so I’ve met about 4-years of my 15% CAGR target in a matter of 8 months.
No one wants to buy stocks today. So I am buying & reopening a position in Louisiana-Pacific $LPX. I believe we are getting close to the Warren Buffet buying price on the stock. This country is in dire need to build more homes & apartments.
Home building stocks dipped in March/May and have shot up around Jun/July after May data was positive. LPX is a good one to consider, Berkshire got into that at $52, so I’d wait until it’s that or even lower. It’s close but it would need to go down further. They saw a significant decline in the last 12 mos because of Q1 earnings. In these industries Q1 is always the worst performing quarter because of weather stopping projects in the winter. You can see it in lumber and building materials from manufacturing all the way to retail. Q2-Q4 will be much better, as it always is. BCC is a solid building materials distributor (not so much a wood product manufacturer, as 60%+ of wood sales is inter-segment sales to their building materials segment). Net of inter-company sales, building materials distributing and wholesale is 91% of sales. But it does make up 50% of their total income because of the higher margin. I wouldn’t grab this one unless it was $69 or lower. More cash and receivables than total liabilities. Could payoff long term debt in less than 5 years from operational cash flow. Also no direct competitor a distribution network on the same depth and scale across the nation. So definitely some solid companies but personally the price isn’t right for me. It may be right for you, idk. I stay on the conservative side for my analysis.
since when Berkshire managers speculate? For a starter, this position is irrelevant since it is less than 2.5% of the total portfolio. Besides these 3 companies, they also purchased LPX later last year, and they all share the same characteristics. They don't buy because something going to go up in the short period, or because they try to forecast the micros and micros the brilliant retail investor. Company like DHI is trading at around 12x FCF, and for the most part, these are the companies they buy. Low multiple with high FCF yield since they can yield a high multiple expansion. All what you are saying is literally non-sense relative to how Buffett and his managers view businesses. There is not a single purchase that Berkshire made in the last 2 years that has anything to do with inflation or rates. This may come as a shocker, but home starts always will exist the same way it always been. Low or High interest or demand is irrelevant. We will always build home regardless the macroeconomics.
Louisiana-Pacific Corporation $LPX bounced off it's short term 200 DMA today of $62.93. The question is will $64.46 provide resistance. This is a stock I wouldn't mind buying back as usually Warren Buffet is a decent stock picker. I have limit buy orders to buy at $58. Also I doubt anyone here takes my calls seriously, but if anyone does; I have changed my stance of $TLT. I have a feeling long term US Treasury rates are going up and we are in the midst of smart money having too much of a recency bias. Some pretty good hedge fund managers, Bill Ackman included, are shorting long term 30 year US Treasuries. On a personal note I am moving half of my dry powder into short term 6-12 month bank CD's yielding close to 6%. I am betting that 10-20 year US Treasury yields will be much higher 6 months from now than today. Higher long term US bond yields would also not be good for my bull thesis on Gold.
Louisiana-Pacific $LPX EPS $0.55 vs exp $0.64 The Warren Buffet stock seems to be down 11%.
LPX is flawless on all grounds that are inside their control. The only downside i could see is the fluctuation of wood prices compared to fibre cement in the same industry but considering how integral and trustworthy the management is, they are worth betting on in the long run
Louisiana-Pacific $LPX beat earnings. EPS $0.34 vs est $0.07. The stock is popping up 8% this morning.
That's my thought as well. I just made 2 small purchases. 1 share of $AWI and 2 shares of $LPX. I am prolyl 2 early on the home building material stocks rebound but I agree with you on people selling small cap funds and just buying the S&P. And I have a small position in both that I want to build up in my port over the next year.
So this market is moving according to my dot com 2.0 playbook. Crude Oil and commodities have been up and are slowing strength. Gold is at $2k. Interest rates are beginning to fall. It seems to me that cash is going to start to move into housing next. If people are fearful but are sitting on cash; than many people would rather invest in a home than the stock market. I have a very small position in $AWI, $LPX, and $OC. I need to look more into the building materials sector. If the Fed pauses and mortgage rates fall; than I think it is very possible more money will BTD in housing than stocks.
I'm picking up a couple more shares of $LPX and $AWI. The Bulls keep saying there is all this cash waiting on the sidelines to buy into stocks. I'm wonder if MAYBE some of this cash waiting on the sidelines is waiting to buy new houses instead.
Well I did say all things held equal, which means looking within the same industry. Generally speaking, LPX with a PE of 4 is safer than AWI with a PE of 16, assuming they are in the same industry.
LPX looks safe. 16 P/E on AWI tho...
I was trying to find the most unloved sector in the current market to buy besides banks. I decided to pick up a couple shares of $AWI and $LPX. Louisiana-Pacific is being bought by Buffet. Armstrong World makes ceilings and flooring materials. Both will do very well once we start building some more houses.
$LPX easiest buy ever… buffet sells bank stocks before the biggest crash since 2008 and you’re gonna tell me he doesn’t have insider info? Copy him like a shitty associate and you’ll be fine
Sorry I haven’t read this yet but I get a bearish vibe. I’ll check it out, maybe, but I don’t really like the cut of this jibe. That was based on a very quick skim. But, I think I can make a far more coherent argument than you (or ChatGPT given how verbose this is) in 30 seconds. Here yah go. Oooof. Maybe a high school essay or chat GPT run. Sort of noise about accounting metrics and some Pattinson, driving to a rambling “ain’t a value stock name”. Off the cuff, you are: 1) looking at the the cheaper analogue to what Buffett and Munger just bought. That’s $LPX which is valued much richer than this. 2) Trades at a sig. discount to the price for new capacity. New lumber mills are at least $800/mfbm, implying a replacement cost of this name of $4.8B for its lumber. That’s 80% of cap. But lumber is maybe 30% of its value — its OSB. And they’re not a timber REIT bro — lol. You want landholdings? You be paying 16x ebitda then man, not 5x. 3) Trading at a P/B below 1.0. Think it’s 0.83. 4) seeing tailwinds exist interest rate the interest scares in late. Eg median age of housing stock at 40 years or so driving extensive repair and reno activity. To say nothing of non-res activity using mass timber which is net new. 5) trading at, what, 5x the conservative “trend ebitda”? When the broader market is what, like 14x or 15x last time I checked in with the Damodaran datasets? Rbc has public disclose via a vis trend ve near term ebitda and its defensible and historically accurate. Guess that was like 3 mins not 30 seconds.
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I am not sure where Berkshire is going with ATVI. They don't usually trim that low. They did cut 7-8% last Q, and now 12%, which isn't much if they want to exit the position. Also, they technically still on the upside since they bought aroun $68 USB/BK seems about time to exit LPX addition is interesting considering how all data showing a slow down in the market Para is a head-scratcher. It has to be an arbitrage. I don't understand the long term vision. The purchase is more or less Ted Weschler, or Todd, but still, it seems like a long term arbitrage than a deep value play
There seem to be 2 sticky inflation categories. Housing/Rents and Food. I picked up a couple more shares of $LPX. If Warren Buffet is buying this homebuilding stocks than I will as well. I also picked up a couple more shares of $MOS. If food prices are still going up than I still want to be adding agriculture stocks to my portfolio.
I may have to rethink $AVDE. $AVDV top 10 holdings seem energy heavy. Although the weight is less than 1% of all stocks so maybe I am overthinking things. My individual stock trading portfolio is commodity heavy so I was looking at large cap international. $AVUV seems like the best fit for me so I will start there. I already own $GT and $LPX individual stocks. And their other top 10 holdings are many individual stocks I have been watching like Saia, Alcoa, and Dicks sporting Goods. So that small cap ETF seems to match my investment strategy.
Just installed the vengeance LPX 64 gigs. I’m running every thing I’d ever run during the day and it won’t go over 15 percent usage lol this is great
I couldn't decide whether to open a position in Owens Corning or Louisiana-Pacific, so I just bought a couple shares of both. I am not looking to hit a home run, but sometimes you just have to take the plunge and open a position in stocks you've been watching for awhile. I am never going to perfectly time this market, so I just deposited all of my weekly cash allotment into this casino at once into $TWI, $LPX, $OC, and $AG. Good Luck everyone.
$LPX is interesting because Warren Buffet bought the stock. Plus I know their products working retail at Menards (think privately owned Home Depot in the Midwest) as a kid. I am familiar with $BLDR, but I know next to nothing on $UFPI. What would be you reasoning to buy those over Owen's Corning or Louisiana-Pacific? I really want to open a position in the materials and construction sector. I guess Tractor Supply has done well. Are you thinking the same for the home building & construction retailers?
If you are looking at LPX, just throwing a few names to also check out. I know you your own DD, but have you looked at UFPI or BLDR?
Well, the S&P 500 is under 3900, it's time for me to start buying. I added to $TWI. If Deere & Co is going to run I might as well buy the small cap company making their wheels & tires. I added $AG. Silver. I am debating between opening a position in Owens Corning $OC, Louisiana-Pacific $LPX, or just adding to $CLF.
LPX but I will get downvoted to oblivion because good stock recs are never at the top
Bought LPX at 50s... in 2021, sold at the 70s, rebought last june at the 50s again. good stuff
I have WIRE and ACLS. ACLS has been fantastic all year and still has a fine PE. There is an article out there about WIRE title: "Exciting Profit From Boring Business". Excellent longterm industrial stock. The only downside is the fundamental business is great, but its share price moves with copper prices which is short term thinking. Likewise ATKR is very good. It's principal negative is I'd rather own WIRE. You can own both in the AIRR etf, which is what I'd recommend. I wouldn't mind KLIC in an ETF but there are much better choices. KLAC for one. I know nothing of LPX and MATX.
fwiw LEN is diff demo lower cost housing, TOL average sale is 1mil, i'm bullish TOL KBH BLDR LPX BXC PGTI i know i'm moving goalposts here a bit but i've said this in other comments, higher end homebuilder r diff Homebuilder that are localized like the shit ackmans in that serves phoenix vegas texas is fucked lower end possibly fucked idk i haven't really looked into it
i mean all of them are trading as if housing already imploded even though by and large they have backlogs of 6 months to a year. They are currently wildly profitable, and with that much backlog they will have time to maneuver a true downturn i think cyclically we've conquered the inflation demon, so long term rates will come down over next 3 to 6 months. I think prolly in 6 months inflation roars again and we're all fucked, but I'm thinking there will be a ray of hope before then and people will look at all these builders/suppliers trading at 4x fcf and fomo in i mean buffet just bought LPX a home builder supplier...u have a little wiggle room if ur a fund manager and want long exposure since u know there's a buffet put somewhere
Added META sub 100, added INTC at 26, added evercore sub100, added googl sub 90, added more LPX when it was near 50. Heard buffet bought LPX as well, good thing I ll make profit on this one :D Also bought philips at around 13. ​ Also bought short term high yield bond etfs, 9.5% weighted YTM is not a joke.
The LPX buy is also interesting. I've never understood why it trades at such a steep discount to JHX.
It is really tiny position, but also odd I think similar to RH, but then again BRK tend to navigate long term. LPX is trading at 5x FCF, so I wouldn’t be surprised if they add more in the future
LPX is pretty interesting. I'm a fan of some of the home builder suppliers. They've gotten so cheap recently. I'm a fan of BLDR and not compelety a builder related, but UFPI.
Also bought some LPX which is up now 9% in the AH's lol.
Anyone follow the timber companies? Think LPX overvalued. If a recession is imminent, forward looking OSB prices need to come down, since demand will decline in 2023
Congrats. Yall just outlined my bull thesis stocks like RH, BLDR, and LPX. Basically, all the home builder providers with dirt cheap multiples that are gonna cash in on the remodel/upgrades from locked-in mortgages.
I'm in BLDR and LPX. Very low PE, great cash flows and I think they continue to to well relative to other Home builders as people spend money to build out their existing homes due to locked in low mortgages. I'm bearish developers...
Buy Lumbar on hurricane news Watch LPX
I recently started buying the home building complex but haven’t bought the actual home builders. I find LPX and JOE to be extremely cheap/high ROE businesses. Both have veritable monopolies. I imagine the short term headwinds continue, but I don’t think you lose on these over a 2-4 year time horizon.
LPX dropped 6% after he bought Monday. Lol
>AVUV I see $AVUV has a lot of stocks on my watchlist. I have a large position in $GT on their top 10 holdings; but I have been looking at entering a position in $LPX, $SAIA, and $AA. I added $AVUV to my watchlist. I will prolly be buying soon. The whole idea for me trading individual stocks is I could see inflation not being transitory a mile away. However the stocks I have bought have not exactly moved the way I thought they would in an inflationary market. Esp Gold and manufacturing stocks.
LPX, tons of share buy backs, increasing profit margins in all their mills. Board prices still high
Louisiana-Pacific Corporation NYSE: LPX Lumber /wood
Lumber: West Frasier, Canfor, Interfor, RFP, LPX, Boise cascade Timber+lumber: WY and PCH Timber: RYN, CTT, Acadian Timber (on the TSX)
The ukraine nato thing happened last night on ABC. This news is old. And is taken out of context. Its really amazing how bad these big money managers are. They see 8 words on a terminal headline and just go balls to the wall. Wonder when their clients will get tired of losing. >https://twitter.com/jasonpuckett/status/1501246998988554242?s=20&t=h_rJM6MdDtyscy7LPX2xrQ
I've been buying, but not stuff that is "dipping" but still trading at super high multiples. Instead I have been looking at things that look (relatively safe). Yesterday bought TAK and LPX, for instance.
Green day...LPX, BCC, AA, AMD...heh...the world had not ended.
LPX, tons of share buy backs incoming, just reopened mill capable of producing 700msqft of OSB. Very good balance sheet.
> I hold value stock with PER around 12, and I am in the green. I don't think this is a fair statement. RFP, WFG, LPX, FNF, HCA, GSK all value stocks with decent cash flow. Red.
LPX, RFP, UFPI, IFSPF, WFG, BCC for lumber
What if I told you BLDR and LPX are benefiting from inflation? They are marking up prices and forcing their customers to pay it. BLDR increased profits 20 percent because of inflation.
I have $250k in homebuilders & building materials. TOL, TPH, BCC, LPX, BXC
$LPX “should be” worth over $90 with upcoming buybacks. They make OSB siding and other value-added building products. High confidence in the whole company. Much of their future growth will be in South America.
I dont have the SKLZ for this challenge, 0 for 3. Another worthless expire 😂 [caption](https://imgur.com/LPX8dwr.jpg)
Literally trying to sync up chart patterns and you don’t even have a volume indicator on. DOW 1929 looks like bitcoin 2018, before flagrant QE. Why won’t it be like last September? Any downtrending for 3 weeks and they’ll just delay a taper. Now your only hope isn’t TA, which by itself screws most people, it’s that the government knows SPY is America’s savings and retirement account, which is why they’ve let it pump. You need people to quit work, a lot of people, because of the vax mandate. Then the gov puts pressure to on the Fed to stop pumping the markets so the unvaxxed former wagies go back to waging. But then again, Biden’s approval would tank. I like being bearish too, easier money imo when the equivalent of a shitcoin is pumped everywhere by wsb. But buying into a bearish position on spy requires more than TA. Two months of stagnation last year led to the biggest pump so far. Commodities have basically reset except for a few. After last october everything ripped, like everything, but consumer’s didn’t see the prices spike enough to draw their attention until well into the commodities pump. Then they all started buying WY and LPX late into the cycle. I could see lumber lagging other commodities if another run happens. Inflation was the talk after commodities had cooled off, now, everyone is talking deflation because “september is always bad” and muh fundamentals will return to reality. Bears best hope is that too few follow the vax mandate so the gov asks the fed to help them kill America’s savings account, and this would probably only last long enough to make people get desperate. They would have to turn the printers back on though once Kamala fears Biden’s tanking approval will affect her too. Kamala is desperate to become President, and Biden is too touchy feely to let anything to on too long.
On the note of plywood, $LPX $BCC $WY and $WFG are all huge plywood/OSB manufacturers.
LPX (Louisiana pacific) another one worth looking into.
Back in May I tracked Max Pain vs. Actual closing price for the May 21st expiration cycle on the stocks I was wheeling at the time. Overall it was hit or miss, but the products I'm wheeling are boring, low volatility. and have *meh* amounts of open interest so your results may very. May 21 Max Pain vs. Actual Stock Max-Pain Actual Diff AA: 31.00 36.14 +5.14 LPX: 67.50 65.15 -2.35 PBI: 8.00 7.95 -0.05 SXC: 7.50 7.12 -0.38 TMST: 10.00 14.14 +4.14 WTI: 3.00 3.63 +0.63 WY: 38.00 37.11 -0.89 I still keep an eye on max pain, but use it more as a measure of sentiment than likely outcome. Of course I only seem to be good at not losing money while selling options and I only occasionally beat a buy and hold strategy for the same stocks and time frames I wheeled them. I should also add that LPX kicked me and my wheel strategy in the balls the last few months. I'm almost to the point it is time to take the loss and get my limited capital back to work..
Early assignment only happened once to me so far, and then it was just 3 days early and I had planned on taking the assignment anyway. 05/11/2021 YOU SOLD OPENING TRANSACTION -LPX210618P70 06/16/2021 ASSIGNED as of 06/15/2021 -LPX210618P70 Of course I wasn't expecting this product to pull back as far or as fast as it did, but I sure did enjoy selling the puts during the run up. I'm just glad I closed the $72.50 put I had sold a few weeks earlier.. <shew>. At the moment I'm kinda torn between selling a call before earnings with a strike at my cost basis or waiting till afterwards. Probably pre-earnings for the next Monthly. If I'm wrong I'll get assigned and go back to selling puts. If I'm right that will sort of suck but at least I can keep chunking away at my cost basis, hopefully faster than the stock can plummet.
Everything is on sale just don't waste the opportunity on stocks that are already inflated seems like the lowest pe got hit the hardest Materials and consumer discretionary got destroyed today I definitely picked up some LYB also VIAC LMT TX LPX Financials are crazy low C has Pe of 6 and div of 3 and is the most underrated stock imo
Louisiana-Pacific Corporation (LPX). They make plywood and LVL and stuff and are, quite frankly, as dull as dishwater. However, the drop in lumber prices is already factored into their share price, and they seem really undervalued to me. Analysts' target prices give an upside of 5%-90%, with an average of 50%. People still need this stuff, even if it's not going to be as fantastically overpriced as it has been for the last few months.
What’s up with timber,guys? LPX is down. Is the housing bubble ready to burst or is it regulating prices?
BCC and LPX. BCC is paying off on puts but LPX is positive for some reason this week.
Will I ever get rid of my LPX bags?
Lumber is still doing pretty bad these last few weeks. I made some money on some LPX put FDs. I'm going to try again this week with them again and BCC. Both lumber suppliers.
Hey bored apes, let’s pump BBBY and LPX
Are there any BBBY and LPX gangs in here?
LPX puts. If JPow crashes the market, it'll tank along with everything else. If JPow reassures the market that inflation is transitory, it'll still tank because its price is sky high due to inflation expectations jacking up commodity futures. If inflation expectations fall and lumber futures fall, LPX will fall.
My puts on LPX are already printing
I am buying lumber looks attractive LPX
BBBY and LPX let’s Goooooo
Pray that May housing starts send LPX soaring this week. Obv not til June 16 but… my calls need to arise or I’m going to qualify for the loss porn rules. I don’t like qualifying for the loss porn rules.
Anyone else playing builders/lumber the next few months? Mass evictions coming up, unemployment benefits getting reduced, housing market getting a little too hot and might take a dump after landlords/banks get things back on the market. I've been holding puts on LPX for the last couple weeks, making some nice profit and doubled down on Tuesday.