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Tree Island Steel Ltd TWIRF


Primary Symbol: T.TSL

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 Mar 06, 2023 6:14pm
148 Views
Post# 35322481

RE:Stocker46 post

RE:Stocker46 postYou may well be correct CountryBoy36.
I like both companies & owned a relatively large holding of TSL shares. Figured I'd be better off selling half & investing that money in a couple of other stocks I've been tracking. I'm definitely open to topping up my TSL holdings if the price is right.

My biggest beef with TSL is a lack of promotion to the investment community, a lack of transparency (at times), & no conference calls. They have no analyst coverage & investors rely solely on their financials & whatever info they include with their Quarterly news releases. Why, for example, did they not "publicly" announce the plan to close Etiwanda in June 2023 back in January?
Conference calls allow for analysts & investors to ask legitimate questions.  In a CC format, those questions
would be answered to the best of their ability .. but if an individual investor emails them the same question, they are unlikely to get an informative answer.
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