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Tree Island Steel Ltd T.TSL

Alternate Symbol(s):  TWIRF

Tree Island Steel Ltd. is a Canada-based manufacturer and supplier of wire products for a range of applications. The Company, through its operating facilities in Canada and the United States, produces wire products for a diverse range of customers for industrial, residential construction, commercial construction and agricultural applications. Its products include galvanized wire, bright wire; an array of fasteners, including packaged, collated and bulk nails; stucco reinforcing products; concrete reinforcing mesh; fencing and other fabricated wire products. The Company markets its products under the Tree Island, Halsteel, TrueSpec, K-Lath, TI Wire, ToughStrand and ToughPanel brand names. The Company's subsidiary is Tree Island Wire (USA) Inc.


TSX:TSL - Post by User

Comment by Stocker46on Jul 29, 2022 10:43am
161 Views
Post# 34859910

RE:RE:RE:RE:RE:RE:RE:2nd Quarter

RE:RE:RE:RE:RE:RE:RE:2nd QuarterSomewhat mindboggling.
TSL is currently at $3.87
The trailing 12 mth EPS will now move to $3.45 ... making the current Price/earnings ratio 1.1.

We can expect some wild changes in the shareprice with so little volume .. which could provide some great buying opportunities

TSL only bought back 8,539 shares in the 1st 6 months of 2022 (average of $3.95).  Hopefully they'll be more active over the next 3 or 4 months.


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