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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 Jun 01, 2021 6:10pm
83 Views
Post# 33307930

RE:Loss Ahead

RE:Loss AheadWRONG and not a chance..TBLs management are 20+ year experts in inventory re-stocking and typically reduce inventories on sustained run-ups as to not get caught holding..Maybe margins get compressed shorter term BUT DEMAND STILL CONTINUES TO THRIVE. Again, maximising their margins is their bread and butter and alot of their stuff gets pre sold.. ALSO just because CME futures prices trading down doesn't have a 1 for 1 impact on cash prices you see at the building centres.. Do your home work  better ..dwdc
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