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 > 3rd Quarter

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Comment by auburn2on Dec 30, 2022 3:11pm

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Post# 35197550

RE:3rd Quarter

Stocker46 wrote: Based on recent SP performance, investors were obviously expecting a brutal 3rd quarter.
While it was a drop from 3rd quarter 2021, they still managed an EPS of 28 cents per share & their 9 month ESP of $1.19 is 17 cents per share higher than the same period in 2021. (1.02 EPS)

For the month of November 2021, TSL traded at an average of over $5 ... The current SP of $3.55 is $1.45 lower.

Disingenuous post. "On March 2, 2022, the board of directors declared a regular quarterly dividend of three cents per share and an additional $1.20 per share as a special dividend on the issued and outstanding common shares of the company, both payable on April 14, 2022, to holders of record at the close of business on March 31, 2022." That's $1.20 subracted from the company treasurury on April 14, 2022.

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