RE:RE:ValuationDon't see how Joanne wud change direction of company. For 26 years it's done same thing. Buy glass from western provinces and prepare for sale to fibreglass manufacturers in western canada. In that time main thing changed is number of fibreglass companies has increased and I presume Owens Corning is one of the three. They boast of an efficient and environmentally friendly process.
It would be nice to think they could expand. I have no idea who supplies eastern canada but Owens Corning has more than one plant east of Manitoba.
Have wondered when Pat and the other guy might exit the business he must be over 70. but he and compadre get darn good salaries. I am unaware of insider activity
Qtr results shud be good espec if they maintained low cost source from earlier in year but is recycled glass a diminishing item? And what about future building permit numbers?
Nice little company.