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Tree Island Steel Ltd T.TSL

Alternate Symbol(s):  TWIRF

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

Comment by Red_Deeron Nov 11, 2021 8:06pm
138 Views
Post# 34117648

RE:RE:TSL Property is Another Hidden Gem

RE:RE:TSL Property is Another Hidden Gem
Red_Deer wrote:

 

ArnoldZiffle wrote: I am still waiting for someone in Canada to give us a sense of their BC Canada property value. They note that they own outright two properties. One here in California and one in BC Canada. Both are hidden nuggets. Potential for sale/leaseback...and a much bigger SD potentially on the horizon. Operationally, very sustainable with current assets and investments. Thoughts?


THAT Probably is WHY Amar Doman and Partner TRIED to TAKE TSL Private
a Few Years Ago ???

The Current ASSESSED VALUE of the Richmond Property is $67,910,000

https://www.bcassessment.ca//Property/Info/RDAwMDBENVhGSA==

 



Using 28,430,000 Currently OUTSTANDING shares__That PROPERTY VALUE Works 
OUT to $2.39 Per Share
__or ALMOST HALF the Current Share Price eh !!!!!!!!!!!

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