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Norbord Inc. T.OSB

"Norbord is the largest global producer of oriented strand board, which is used as a structural panel for building applications. The majority of its mills are located throughout the United States, with additional capacity in Northern Europe."


TSX:OSB - Post by User

Bullboard Posts
Comment by carlocarlion Oct 28, 2014 12:39pm
159 Views
Post# 23068137

RE:GUTLESS !!!

RE:GUTLESS !!!
I could not agree more. In fact, I go a step further: they should eliminate the dividend until things look better. This is the same crew that five years ago (before the crisis) paid extraordinary dividends with reckless abandon; they almost drove the company into bankruptcy and had to restructure with a painful reverse split. We are not at that stage this time, but the philisophy is the same
Bullboard Posts