Kenneth Shields - Conifex Timber Chairman

CFXTF Stock  USD 0.33  0.00  0.00%   

Chairman

Mr. Kenneth A. Shields is Chairman of the Board, President, Chief Executive Officer of Conifex Timber Inc. Mr. Shields currently serves as the Chairman of the Canadian BioEnergy Association and a director of the Forest Products Association of Canada and the British Columbia Lumber Trade Council. Mr. Shields is a former director of the Investment Dealers Association of Canada, Raymond James Financial Inc., Mercer International Inc., TimberWest Forest Corporationration and Slocan Forest Products Ltd. Mr. Shields resigned as Chief Executive Officer of Raymond James Ltd. in 2006 to devote his efforts to launch Conifex Timber Inc. since 2010.
Age 74
Tenure 14 years
Phone604 216 2949
Webhttps://www.conifex.com

Conifex Timber Management Efficiency

The company has return on total asset (ROA) of 0.0816 % which means that it generated a profit of $0.0816 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.1537 %, meaning that it generated $0.1537 on every $100 dollars invested by stockholders. Conifex Timber's management efficiency ratios could be used to measure how well Conifex Timber manages its routine affairs as well as how well it operates its assets and liabilities.
Conifex Timber has accumulated 53.67 M in total debt with debt to equity ratio (D/E) of 0.39, which is about average as compared to similar companies. Conifex Timber has a current ratio of 2.83, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Conifex Timber until it has trouble settling it off, either with new capital or with free cash flow. So, Conifex Timber's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Conifex Timber sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Conifex to invest in growth at high rates of return. When we think about Conifex Timber's use of debt, we should always consider it together with cash and equity.

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Conifex Timber Inc. primarily manufactures and sells lumber products in the United States, China, Canada, Japan, and internationally. Conifex Timber Inc. was incorporated in 2007 and is headquartered in Vancouver, Canada. Conifex Timber operates under Lumber Wood Production classification in the United States and is traded on OTC Exchange. It employs 287 people. Conifex Timber [CFXTF] is a Pink Sheet which is traded between brokers over the counter.

Management Performance

Conifex Timber Leadership Team

Elected by the shareholders, the Conifex Timber's board of directors comprises two types of representatives: Conifex Timber inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Conifex. The board's role is to monitor Conifex Timber's management team and ensure that shareholders' interests are well served. Conifex Timber's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Conifex Timber's outside directors are responsible for providing unbiased perspectives on the board's policies.
Andrew McLellan, VP Operations
Kenneth Shields, Chairman, CEO and President and Member of Environmental, Health and Safety Committee

Conifex Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right pink sheet is not an easy task. Is Conifex Timber a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Currently Active Assets on Macroaxis

Other Information on Investing in Conifex Pink Sheet

Conifex Timber financial ratios help investors to determine whether Conifex Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Conifex with respect to the benefits of owning Conifex Timber security.