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Bullboard - Stock Discussion Forum 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... see more

TSX:TSL - Post Discussion

Tree Island Steel Ltd > Stocker46 post
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Post by CountryBoy69 on Mar 06, 2023 2:20pm

Stocker46 post

While currently not an owner of TSL l have been looking closely at both this and DBM. The reason is a common denominator Amar Doman.. by all accounts a highly competent and an aquisitor of unvalued companies. He is the largest shareholder inDBM and a major owner ofTSL.. He made a run at this one before and l now believe the time is ripe to go after them again. TSL would be a good fit to DBM and Amars empire. .Besides while TSL s smaller dividend is not attractive to me right now , if they were taken out at what l would think would be a premium then those shares incorporated into DBM would receive a double in share yield. Conclusion , l prefer to be ahead of the curve and intend today to iniate apposition in both .Risk , Reward and it seems to me that the fit into DBM and their diversified portfolio of both Lumber , Retail and diversified assets makes sense. Besides l get paid to wait and if what l believe could occur then l will be well rewarded. Those who sold may want to rethink this setback .
Comment by Stocker46 on Mar 06, 2023 6:14pm
You 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 ...more  
Comment by Stocker46 on Mar 06, 2023 8:37pm
Sorry ... make that CountryBoy69.
Comment by CountryBoy69 on Mar 08, 2023 2:52pm
Stocker , l couldn't agree more regarding lack of communication from the company.It makes no sense , but DBM is somewhat similiar. Depending on where an investor bought in and  changes in goals , then l can see why you trimmed your position. These two companies are first time ventures for new and l purchased 1000 share. In both making the blended dividend more palatable for my goals.I ...more  
Comment by pennydredful on Mar 08, 2023 7:07pm
A load  of manure  from  Country  Boy.  Doman is more likely to  take over  the  BC  Lions. 
Comment by Red_Deer on Mar 08, 2023 9:10pm
""A load  of manure  from  Country  Boy.  Doman is more likely to  take over  the  BC  Lions."" Hey PENNY__WHY Put DOWN a NewBie SH Member and New INVESTOR of TSL eh ????? And For YOUR INFO__Amar Doman HAS ALREADY BOUGHT the BC Lions !!!!!!!! https://www.bclions.com/amar-s-doman-owner/#:~:text=Amar%20S.-,Doman%20%E2%80%93%20Owner ...more  
Comment by Stocker46 on Mar 08, 2023 9:48pm
Thought you said he was taking it private along with another investor. (?)
Comment by CountryBoy69 on Mar 09, 2023 1:29pm
Thanks for your input , it appears that some posters are both ill-mannered and classless. I will file your post where it belongs , in the rubbish where it seems you like to dwell. along with a few others .Fact , it is good to see that the majority of posters on SH like to deal with others opinions , but there are always a few who regard the gutter as their domain. 
Comment by CountryBoy69 on Mar 11, 2023 2:33pm
A load of manure is right, l am not a football fan and it seems you aren't either. I followed up on Red_deers post and Amar did indeed by the BC Lions. So someone ,talking about nothing he knows about is full of it , and Penny look no further than the mirror. No other poster needs to make you look the fool , you are more than capable of doing that by yourself. Thanks Red for the info backup.
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