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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 Jun 01, 2021 5:57pm
89 Views
Post# 33307901

RE:Direct from CANWEL's Q1 - may7-2021

RE:Direct from CANWEL's Q1 - may7-2021Everyone-there is lots of appeal to formerly, CWX, and now known as DBM (Doman Building Materials Group Ltd. effective Monday may 31st). Why?? They are much more vertically intergrated on the wood side right down to having private timber licences, in addition to value added pressure treating facilities in Canada and the U.S. which have an internal capacity of over 750 million board feet.  I suspect DBM  will have a much better Q2 than TBL because of this.  Also DBM does have a regular quarterly dividend allowing their shares to be owned by a larger audience (ie alot of investment funds CAN NOT own shares that don;t pay a reqular quarterly dividend) and therefore would get a higher P/E up there with the LOWES etc. Borrowing money would also be cheaper as size really does matter. And yes TBL is a bit of a whale but DBM could easily do this with a combo of shares and cash or even an all share buyout now making TBL's controlling shareholder a big shareholder in a combined entity . This also keeps this shareholder in the wholesaling business now that its making decent returns.. a WIN WIN for everyone..see what happens. dwdc
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