Taiga Building Products Ltd T.TBL

Alternate Symbol(s): TGAFF

Industrials Industrial Distribution

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.

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Taiga Building Products Ltd > Loss Ahead

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Comment by TradeTraceron Jun 01, 2021 8:26pm

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Post# 33308454

RE:RE:RE:RE:Loss Ahead

Stocker46 wrote: It's nice to have a good buying opportunity, but frankly, if the price isn't going higher after their recent earnings performance, what makes you think it ever will?

One would think Taiga's management would take advantage of this unusual year and maximize their footprint going forward. Pay down debt with the record earnings, buy back shares with the new cash coming in (Avarga might like this as they theoritically could keep the same % ownership, and it would pay better than a dividend) or else take themselves private?
You could boost your future EPS by 10% for $30ish million...

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