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Taiga Building Products Ltd T.TBL

Alternate Symbol(s):  TGAFF

Taiga Building Products Ltd. is a Canada-based company, which is an independent wholesale distributor of building products in Canada and the United States. The Company operates through two geographic segments: Canada and the United States. The Company offers its products in various categories, including composite decking, engineered wood products, flooring products, insulation products, lumber products, moldings, panel products, polyethylene sheeting, preserved wood products, and siding products. The Company’s distribution logistics serves customers across North America with road transportation (flat deck and van), rail (carload and intermodal container), ocean (container and breakbulk), customs regulatory matters (ranging from overseeing daily cross border movement of traffic, softwood lumber reporting, federal countervail and dumping duty investigations), and liaising with: Canada Border Services & Agency; Department of Foreign Affairs and International Trade, and others.


TSX:TBL - Post by User

Comment by Borealon Aug 23, 2021 5:04pm
110 Views
Post# 33750063

RE:RE:RE:RE:Dog days of summer??

RE:RE:RE:RE:Dog days of summer??This has been an undervalued stock for some time. However, a look at the value of inventory over the past four quarters suggests the astounding recent jump in earnings is mainly due to an increase in the valuation of inventory due to price increases. What goes up is likely to come down. There is also a huge accounts receivable outstanding right now. This is why I, and likely other investors, aren't buying in right now. 
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