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Tree Island Steel Ltd T.TSL

Alternate Symbol(s):  TWIRF

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 > In at $3.59
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Comment by pennydredfulon Sep 25, 2022 3:23pm
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Post# 34985243

RE:RE:RE:RE:RE:RE:RE:In at $3.59

RE:RE:RE:RE:RE:RE:RE:In at $3.5956.3%    of    pre   tax   profits   were  an   extraordinary  gain    re  profit    on   sale    of   a    property  in 2021    .   As   this   was   a  one time   unrepeatable   item   the  market   is likely  to  ignore  this  item    for   on going  valuation    purposes   .   It    means   operating   earnings   were   lower   than  reported  ,    nevertheless   the    PE    ratio   is  very low .
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