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Goodfellow Inc T.GDL

Alternate Symbol(s):  GFELF

Goodfellow Inc. is a diversified manufacturer of value-added lumber products, as well as a wholesale distributor of building materials and floor coverings. Its business activities related to remanufacturing and distribution of lumber and wood products. It produces wood, wall concept, insulation and soundproofing, panels, floor, coating, specialties, terrace and roof. Its services include custom-made wood manufacturing; comprehensive and personalized carpentry services; HUNDEGGER K2i technology; wood treatment (MicroPro, CCA, ACQ and Flame Retardant); just-in-time and direct-to-job delivery; truck and container loading, and export preparation and packaging. It has a distribution footprint from coast-to-coast in Canada servicing commercial and residential sectors through lumber yard retailer networks, manufacturers, industrial and infrastructure project partners and floor covering specialists. It also leverages its value-added product capabilities to serve lumber markets internationally.


TSX:GDL - Post by User

Comment by lifeisgood1010on May 16, 2024 1:07pm
97 Views
Post# 36043735

RE:RE:RE:RE:Land value worth more than 13x book value

RE:RE:RE:RE:Land value worth more than 13x book valueSalut Carl,

J'ai ecoute via le webcast.J'ai vu que tu as ete le premier a poser des questions.
Bravo!

La seule facon que nous obtiendrons la juste valeur de cette entreprise, c'est si un jour,
les Goodfellow se decide vendre.

A la question sur le NCIB, il n'ont pas ete tres honnete car malgre la faible liquidite, GDL peut
racheter 1000 actions/ jour(voir plus bas).C'est peu mais c'est mieux que rien.

IL sont tres peu present sur ces rachats.Etant donn que les actifs valent beaucoup plus 
que le prix transige,je pense que ces rachats seraient une bonne utilisation des fonds excedentaires.

Je vais conservermes actions car je pense que le dividende est "safe"et le rendement est meilleur
que ce que j'obtiendrai sur une obligation.

Merci de t'etre prsente et d'avoir pose des questions.

The average daily trading volume of the Shares on the TSX for the most recently completed six calendar months is 2,935. Accordingly, pursuant to the rules and policies of the TSX, daily purchases under except pursuant to certain prescribed exceptions, including a weekly block purchase of Shares not owned by insiders of the Company
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