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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

Post by Stocker46on Jul 27, 2022 9:03pm
217 Views
Post# 34855642

2nd Quarter

2nd QuarterAnother impressive quarter with EPS of 46 cents. (91 cents for the 1st six months).
Based on trading over the last several weeks, this is not what most investors were expecting ... price dropped to under $4 from a high of $7.23 (prompted by the $1.20 per share special dividend)

They continue to attain higher revenues supported by high product prices.
Let's see how the market reacts tomorrow.


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