Bullboard - Stock Discussion Forum 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... see more

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TSX:TBL - Post Discussion

Taiga Building Products Ltd > DOMAN must believe..

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Post by downwithdotcom1 on Jun 22, 2021 3:43pm

DOMAN must believe..

..just pulled off yet another smaller aquisition- its a single entity wholesaler and wood preserver (with the addition of fire retardant properties). The CEO again said this takeover would be immediately accreative..sombody still believes in this sector..dwdc

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Comment by PaperBoi222 on Jun 24, 2021 11:50am

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Comment by downwithdotcom1 on Jun 24, 2021 12:46pm

..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 ...more

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Taiga Building Products Ltd