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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 Borealon Aug 23, 2021 5:04pm
124 Views
Post# 33750063

RE:RE:RE:RE:Dog days of summer??

RE:RE:RE:RE:Dog days of summer??This has been an undervalued stock for some time. However, a look at the value of inventory over the past four quarters suggests the astounding recent jump in earnings is mainly due to an increase in the valuation of inventory due to price increases. What goes up is likely to come down. There is also a huge accounts receivable outstanding right now. This is why I, and likely other investors, aren't buying in right now. 
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