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Taiga Building Products Ltd T.TBL

Alternate Symbol(s):  TGAFF

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 14, 2020 7:38pm
142 Views
Post# 32105837

RE: #8 on the TSX

RE: #8 on the TSX..not sure if this quater will be as strong...headwinds: general slowdown Q4 constuction starts maybe DIY keeps up??, appreciating CDN dollar hit on US sales, pressure treated wood produced in the US, also there was a big sell off in 2X4 /1000 board ft (generally to which other wood prices often mirror) from the $700's to $500's sept /oct but has since turned around to near record hi's -this will have a big impact depanding on when TBL restocked thru this quarter. net, net it will be good even great but not record setting in my humble opinion..dwdc
PS.. no merger monday and a classic TAKE-DOWN starting around 3.15 pm- another strong trading day but it only took 20K -30K shares to have the reversal (i suspect in small bid/ask lots ..oh well tomorrows another day...
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