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Bullboard - Stock Discussion Forum Goodfellow Inc T.GDL

Alternate Symbol(s):  GFELF

Goodfellow Inc. is a Canada-based diversified manufacturer of value-added lumber products, as well as a wholesale distributor of building materials and floor coverings. The Company has a distribution presence from coast-to-coast in Canada and in the Northeastern United States, serving commercial and residential sectors through lumber yard retailer networks, manufacturers, industrial and... see more

Bullboard (TSX:GDL)

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Comment by CarlM20on Apr 24, 2024 3:21pm

RE:Land value worth more than 13x book value

Hi,   I will be at the next annual meeting , May 16, hope to see you there. 
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  • lifeisgood1010X
Post by lifeisgood1010on Feb 28, 2024 12:14pm

GDL Sees Green Shoots of Pricing, Demand Recovery in 2024

Forgot to post this. this was in the news section of my Desjardins broker  Goodfellow Sees Green Shoots of Pricing, Demand Recovery in 2024 -- Market Talk   Goodfellow is seeing signs ...more  
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Post by lifeisgood1010on Feb 28, 2024 12:08pm

Solid 6.5% dividend

Goodfellow's balance sheet has NEVER been stronger in it's history. Last quarter they once again did a good job in managing their inventory. My calculation of the break up value of the ...more  
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  • Aminvestor1234X
Comment by Aminvestor1234on Feb 27, 2024 11:44am

RE:Land value worth more than 13x book value

Good research. Much appreciated.
Comment by CarlM20on Feb 21, 2024 5:17pm

RE:Land value worth more than 13x book value

Bingo. That would make a good comment on the AGA. Maybe the land value is also public on the city appraisal web site.  How to extract something out of it for shareholders is the other mystery to ...more  
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Post by lifeisgood1010on Feb 21, 2024 10:16am

Land value worth more than 13x book value

Because of the low float and market cap of this comapny, i would bet you that few investors know that Goddfellow land value is sitting on it's book at less than 1/13 of it's market value ...more  
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Post by lifeisgood1010on Feb 20, 2024 2:51pm

$3.33 cash / share....

Amazing, GDL in a very dificult market managed to make $1.72 / share in 2023. It ended the year with zero LT debt, $3.33 of cash / share and net cash flows from operating activiies was $5.03. The ...more  
Comment by CarlM20on Feb 16, 2024 9:11am

RE:Goodfellow over capitalized

Pareil pour moi. J' habite Qubec.  Let's see Q4 tonight (were released last year on Feb 16).  We agree on a lot. So try to come to the AGA and we could prepare one or two questions ...more  
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Post by lifeisgood1010on Feb 16, 2024 7:33am

Goodfellow over capitalized

Bonjour Carlm20, Thanks for the correction $1 of div.on a $14 stock is 7.1% I took 90 cents.My mistake. As for the results i did not invert them.You can go on Sedar to see all of the results history ...more  
Comment by CarlM20on Feb 15, 2024 8:39pm

RE:NCIB.Buying at a fraction of their asset value

I agree,  but the dividend was 0,50$ twice, that is $1 total. Shares at $14 ...dividend yield more like 7,1%. But it is variable, maybe earning this friday will tell if they maintain it steady ...more  
Comment by CarlM20on Feb 15, 2024 6:06pm

RE:Q4 results

I am new on this chat, but I am a shareholders of GDL since many years ago. Q4 has always been a strong quarter. You inverted Q1's with Q4's for your estimation of earnings. The low season is ...more  
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Post by lifeisgood1010on Feb 15, 2024 2:00pm

NCIB.Buying at a fraction of their asset value

I was looking if GDL was using it's over capitalized balance sheet to buy some shares under their renewed NCIB. The NCIB is for 5% of the outstanding shares (426,157) Since initiating the NCIB ...more  
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Post by lifeisgood1010on Feb 14, 2024 2:07pm

Q4 results

Q4 results should come out in the next couple of days. While i see some value in my GDL holding, i am not expecting much from Q4 results. Again, we cannot compare them to the post covid results ...more  
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Comment by lifeisgood1010on Feb 14, 2024 12:52pm

RE:Company Ownership

Where do you get that Douglas Goodfellow and Stephen Jarislowski own over 6 million share? David Goodfellow own 1,755,067 shares Douglas Goodfellow own 1,673,968 Stephen Jarislowski own 1,066,498 ...more