Post by
RetiredSteelMan on May 20, 2021 12:05pm
Tree Island Share Price
TSL made $0.22 in Q1 & paid out $0.03 in divvy.
With hugh increase in retail selling price of construction materials, TSL should be ripe for even larger profits. They may not reach a share price of $10 as in 2007 as they no longer have the same production capacity but if they make +/- $1.00 per year and pay out $0.10 per quarter, the stock should get to the $8.00 range.
For a buyout, value has got to be many times previous offer. Sharehollders equity was $51M at year end for 28.5 M shares, about $1.80.
My guess is the divvy will increase greatly as majority shareholders will be looking for cash.
By the way, lets keep this board about shares and quit the useless posts.
Comment by
PaperBoi222 on May 20, 2021 10:44pm
This post has been removed in accordance with Community Policy
Comment by
Red_Deer on May 21, 2021 4:39am
INDEED there IS a Potential TAKE OVER entity BUT I Shall Defer for now__GIVE the Opportunity for FallOnBack to BE the FIRST to let you know.WHICH Entity
Comment by
Red_Deer on May 21, 2021 7:52pm
Hey FallOnBack__We are ALL Still WAITING for YOU to BE the FIRST ONE to Let PaperBOY KNOW Who the LIKELY TakeOVER Suitor IS eh !!!!!!!!!!!!!! Or do YOU Want ME to DO THAT eh ?????????/
Comment by
Red_Deer on May 24, 2021 3:32pm
I HAVE Posted Many Times that a GOOD Fit would be CANWELL - CWX__Taking OVER Tree Island Steel Amar Doman Controlls CWX__and HAS DONE an OutStanding JOB of THAT__he ALSO is the CHAIR of the Tree Island BOARD of DIRECTORS__and a Few Years Ago DID Try to TAKE TSL Private but did NOT Get Enough Support