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Taiga Building Products Ltd TGAFF


Primary Symbol: T.TBL

Taiga Building Products Ltd is a Canada-based independent wholesale distributor of building products in Canada and the United States. The Company operates within two reportable geographic areas, Canada and the United States. It owns and operates four wood preservation plants that produce pressure treated wood products. Its product categories include composite decking, engineered wood, fencing, flooring, insulation, lumber, moldings, panels, preserved wood, roofing, and siding. The Company offers a selection of engineered wood products and related accessories. It provides a range of lightweight, easy-to-install fencing products for home or commercial use. It produces and distributes a variety of luxury vinyl and laminate flooring products, along with essential supplies and accessories. It also specializes in distributing eastern and western Canadian dimensions of various wood, including Spruce, Pine, Fir (SPF) lumber, Douglas fir lumber, and fir/larch in less than carload (LCL) volumes.


TSX:TBL - Post by User

Comment by downwithdotcom1on Dec 08, 2020 10:24am
108 Views
Post# 32057296

RE:RE:RE:This unknown & profitable 0.31 per share

RE:RE:RE:This unknown & profitable 0.31 per sharelogical end to this story is that it either gets taken private or it gets sold - major shareholder has bought up 70% of the float in a series of transactions at the same time annoucing that a dividend would no longer be persued..why?? Just maintaining a small public float is hugely expensive and i suspect there are suiters awaiting. As to why this stock is were it is -theres been alot of historical baggage - the biggest being a number of CRA challenges , also that this business model operated on razor thin margins for years. two things changed - commoditee prices have been strong plus the value added pressure treatment ops have greatly improved  the bottom line. Note that this is a totally boom/bust business and if it had a dividend this could easily be a $4 -5 dollar stock -what do i know?? i'm just glad its finally moving...dwdc
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