Taiga Building Products Ltd T.TBL

pretty decent run..is this all NCIB buying???

[downwithdotcom1]

anything to do with wood has been pretty beaten up as of late..even look at DBM, another wholesaler that pays a steady divi is 40% off of all time highs..and yet, TBL just hit $3 today - not bad..its dirt cheap..i have always maintained this would be an excellant privitization candidate rather than a take-over..why?? majority shareholder already (70%++) leaving a very small public float, so the cost keeping this as a publically listed stock is HUGELY expensive.. not sure whats going on ..still wondering why no "special divi" hasn't been paid-this is contrary to their stated policy...dwdc

[pennydredful]

NCIB    must   buy   on  down ticks  or  sideticks   so  by   themselves  cannot  pay  up.  The situation you describe as  being   public   with small float  has been the case for  some  time  so why  has  not happened before  and   why

[TradeTracer]

The last NCIB bought up 5.4 million shares, if they continue the trend we should be down around the 100 million share mark... I spent some time today looking at financial documents and I came up with a future $1/share in cash holdings. A special dividend could be announced again, but my guess would be next quarter. (March typically being their best quarter) Trading a little below book value

[canuckstocks]

the bid was for up to 5,400,000 shares, ,but Taiga only purchased and cancelled 332,594 shares for $843,752. (august 2021 - august 2022). Since then they only purchased 37,642 shares for $94,007; so waay less.  they can only buy a daily maximum of 3,906 Common Shares, being 25% of the average daily trading volume for the last six completed calendar months.