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Taiga Building Products Ltd TGAFF


Primary Symbol: T.TBL

Taiga Building Products Ltd is a Canada-based independent wholesale distributor of building products in Canada and the United States. The Company operates within two reportable geographic areas, Canada and the United States. It owns and operates four wood preservation plants that produce pressure treated wood products. Its product categories include composite decking, engineered wood, fencing, flooring, insulation, lumber, moldings, panels, preserved wood, roofing, and siding. The Company offers a selection of engineered wood products and related accessories. It provides a range of lightweight, easy-to-install fencing products for home or commercial use. It produces and distributes a variety of luxury vinyl and laminate flooring products, along with essential supplies and accessories. It also specializes in distributing eastern and western Canadian dimensions of various wood, including Spruce, Pine, Fir (SPF) lumber, Douglas fir lumber, and fir/larch in less than carload (LCL) volumes.


TSX:TBL - Post by User

Comment by canuckstockson Mar 01, 2024 7:13pm
158 Views
Post# 35910569

RE:RE:Excess Cash!

RE:RE:Excess Cash!yes, I knew Avarga had that controlling interest. I wasn't saying that shareholders should vote on the matter; I knew avarga was calling the shots. And i did point out the huge compensation and bonuses being paid out. What I'm talking about is the balance sheet in the audited annual financial statement that was released last week and the fact that we have over 152 million in cash and equivalents. Money left over after all those bonuses and salaries were dolled out... Im saying that Avarga should give themselves and rest of us shareholders the money in dividends rather than put it in GIC's and such if they can't find anything better to do.    The investment im talking about is in the notes to "long term investments for the cash flow statement. It's in the annual report - you know... part of your homework. 
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