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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 Feb 18, 2021 11:32am
91 Views
Post# 32595889

RE:Lets read the numbers!

RE:Lets read the numbers!2x4 wood futures just hit an ALL TIME HIGH in chicago (north of $1000 usd per 1000 board ft).. wow...BUT ..keep in mind -most of TBLs business is WHOLESALING so they regularly have to restock also at higher prices so the spread isnt as great say as CANFOR -see its trajactory-almost vertical..TBL itself has found a new trading range around $2.90 i guess waiting furthur news -  i still believe that its majority owner has plans to either take TBL private or sell the company outright-why else would you buy up north of 70% of the float as its HUGELY expensive to keep all that governence as a public entity for such a small public float of shares???  my opinion - dwdc
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