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Taiga Building Products Ltd TGAFF


Primary Symbol: T.TBL

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 downwithdotcom1on Jun 24, 2021 12:46pm
140 Views
Post# 33444428

RE:RE:DOMAN must believe..

RE:RE:DOMAN must believe....tis a good question..i know that they have previously been loath to do so due to being in the WHOLESALE business. This means that they are at the mercy of margins - something that they can't completely control. From day one, they always talked about 25% of earnings being paid out on a semi yearly basis but failed to deliver because earnings were all over the place (ie profits, followed by losses from quarter to quarter). Things are a little different now with their value added inititatives-pressure treating, dimensional lumber and margins spreads are alot higher at these prices. Me, i'm not seeing a regular divi anytime soon..best case is they re-iterate a profit sharing divi AND THEN ACTUALLY FOLLOW thru..regards, dwdc
P.S. i've begun buying a full position in DOMAN-already paying a REG quarterly divi and recently paid a special divi PLUS  made 2 what was called highly accreative buyouts (CEO stressed this was still true under normal wood pricing). In addition to now being North America's largest wood prreserver-they are much more vertically intergrated right down to raw timber harvesting licences..do your own DD
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