Taiga Building Products Ltd TGAFF

Primary Symbol: T.TBL

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

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Post by Stocker46on Sep 23, 2021 10:32am

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Post# 33904587

A Truly Pathetic Company

Most boring stock I've ever owned.
Seems like it's been trading at low volumes between $2.50 & $2.60 forever.
If their earnings performance over the last year & a half hasn't moved the SP, I guess nothing will. P/E of 2 or under is absurd.

No news (other than financials) or communication of any sort.
With lumber prices going up, I was hoping to wait until I get back to break even before I dump it, but nothing seems to move the SP.

Not even any discussion on Stockhouse ... feels like I'm talking to myself. Truly pathetic.

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