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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 downwithdotcom1on Jul 10, 2024 5:45pm
90 Views
Post# 36127266

did some-one panic????

did some-one panic????Down over 40 cents at days end on a series of small trades (eight trades involving 1600 shares approx). ...oddly enough ALL TIME STAMPED @ 4.10 pm. 

Can't help notice this new also out today titled "Taiga Obtains Interim DIP Facility and Interim Order for Creditor Protection under CCAA"

That would be for TAIGA motors, symbol T.TAIG (its a small EV sports craft ie skidoos, quads, watersleds producer and of course not TBL the wood products wholesaler....

Co-incidence??? stranger things have happened...In the shorter term, there has been a ton of very small trade lots supporting this step jump to $4 and hopefully 1600 shares isn't going to ruin the party. Hopefully back to $4 tommorrow...dwdc

PS a number of wholesalers getting beat-up in this same timeframe  Doman T.DBM down again to $6.50 (a 2024 low) even with its 14 cent REGULAR quarterly divi . General homebuilder outlook malaise is the reason given . Meanwhile 2x4 futures continues to trade well below $500 and just about every raw wood producer continues to lose money at these levels...
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