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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

Post by lifeisgood1010on Jun 24, 2024 4:13pm
61 Views
Post# 36103893

Technically very bullish

Technically very bullishI will say it again, the price action on this stock is weird to say the least.

I was on vacation and did not add to my small position but i will probably do so.

Lumber price is still depress but i wonder if this move as anything to do
with the  anticipation of rate reduction coming in Canada?

My first hunch of a merger/acquisition/privitazation doesn't seem to be it.

At first i said to myself, this was a one day wonder.But now, i am not so sure.

In any event,there is value in the assets of this company and the profitability is more than
reasonable.

Let see what happen to the SP in the next few weeks.

Interesting to say the least.Now, i wish i has bought a bit more.
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