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Tree Island Steel Ltd T.TSL

Alternate Symbol(s):  TWIRF

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. The Company’s product offerings include galvanized wire, bright wire; an array of fasteners, including packaged, collated and bulk nails; stucco reinforcing products; concrete reinforcing mesh; fencing and other fabricated wire products. The Company markets its products under the Tree Island, Halsteel, TrueSpec, K-Lath, TI Wire, ToughStrand and ToughPanel brand names. The Company's subsidiary is Tree Island Wire (USA) Inc.


TSX:TSL - Post by User

Comment by Stocker46on Mar 25, 2021 2:35pm
80 Views
Post# 32876803

RE:TRADERS NOW FINDING THIS GEM

RE:TRADERS NOW FINDING THIS GEMTSL may have been a good deal if you had bought in under $2.
Nice recovery from a $5M loss in 2019 to a $5M profit in 2020. They seem to have that pattern going back a few years. What's 2021 .. another $5M loss?

Notice they don't show their Balance Sheet in their news release .. probably b/c they have $1.2M in cash & over $40M in debt.

Photon (PHO) has $48M in cash & NO debt & had a profit over $14M in 2020.
They have also generated consistant profits for several years and are in what is currently one of the hotest market sectors around.


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