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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

Post by lifeisgood1010on Jan 17, 2023 12:00pm
182 Views
Post# 35228177

Take over

Take overI wonder if Taiga will eventually be privatized or try to grow more.

I am wondering as a  Goodfellow shareholder if this would be a good fit for Taiga?

Same business...

The Goodfellow familly and Stephen Jarislowsy have the control over GDL and are very old.

I have always tought that GDL neighbors(Stella Jones) would one day buy them.

All building material are acting well lately but GDL as been on a tear.

It just hit a 15 yar high but is still trading at less than .7 time book.Their assets have been depreciated to the bone.

Time will tell but i like this space.While new home sales are soft, repair and remodeling is still very
strong.
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