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Tree Island Steel Ltd TWIRF


Primary Symbol: T.TSL

Steel Steel
Tree Island Steel Ltd. is a Canada-based manufacturer and supplier of wire products for a range of applications. The Company, through its operating facilities in Canada and the United States, produces wire products for a diverse range of customers for industrial, residential construction, commercial construction and agricultural applications. The Company’s product offerings include galvanized wire, bright wire; an array of fasteners, including packaged, collated and bulk nails; stucco reinforcing products; concrete reinforcing mesh; fencing and other fabricated wire products. The Company markets its products under the Tree Island, Halsteel, TrueSpec, K-Lath, TI Wire, ToughStrand and ToughPanel brand names. The Company's subsidiary is Tree Island Wire (USA) Inc.


TSX:TSL - Post by User

Tree Island Steel Ltd > Q3 Results:
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Comment by Stocker46on Nov 11, 2021 7:26pm
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Post# 34117522

RE:Q3 Results:

RE:Q3 Results:Strong quarter. To maintain their 8.1 price/earnings ratio (prior to this Q) they should be trading at about $8.35.

Even at that, a P/E of 8.1 is rather low considering forecasts for a robust market for steel products and record steel prices.

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