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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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Post by Galaxym31on Oct 24, 2022 12:25pm

Stephen Jarislowsky billionaire

nice man generous .Don't think he would care either way about selling GDL privatization maybe . No warrants handed out to the new board members   **  wonder about bringing on a ...more  
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(745)
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  • lifeisgood1010X
Comment by lifeisgood1010on Oct 23, 2022 10:14am

RE:RE:RE:Five times earnings ( 5 x 4.50 = 22.5 )

I agree, it would be a good fit for Home depot, Lowes or even their Delson neighbor (Stella Jones). Patrick goodfellow is still young but the owners(Douglas and David) are very old and have a 40 ...more  
Comment by Galaxym31on Oct 22, 2022 10:40am

RE:RE:Five times earnings ( 5 x 4.50 = 22.5 )

Thanks not many people know of this company .Dividends could come without warning as that is the best way to pay the owners  ,going private is possible or a buyout by Lowes , Home Depot . Any way ...more  
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  • lifeisgood1010X
Comment by lifeisgood1010on Oct 22, 2022 10:15am

RE:Five times earnings ( 5 x 4.50 = 22.5 )

Book value is $21.69 and these assets have been written off to the bone.Probably worth twice.Just the huge lands in Delson is worth a lot of $$$. It will not trade to book but $15 to $17 is very ...more  
Post by Galaxym31on Oct 21, 2022 2:18pm

Five times earnings ( 5 x 4.50 = 22.5 )

does this seem reasonable ?
Post by Galaxym31on Oct 21, 2022 10:25am

Level 2 is sparse yes .

P/E 2.67 Yield 8.37 % 
Comment by Galaxym31on Oct 20, 2022 9:16pm

RE:RE:New Chairman of the Board

I'd say the market doesn't know about this company also there isn't much stock to buy just small amounts for small investors like me 2000 shares .Maybe some stock comes out above 16 $ .
Post by Galaxym31on Oct 20, 2022 10:43am

Worth at least a 6 month hold could announce a special

dividend at any time, don't think they would want to sell this family diamond .Two dividends in 6 months is 16.66 % yield . Head office is on Goodfellow Street near Montreal founded in 1898 .
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(7)
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  • DempsterMillX
Comment by DempsterMillon Jun 08, 2022 11:29am

RE:New Chairman of the Board

good point re strategic alternatives going forward. otherwise seems like quite of an odd fit indeed for this type of company. one might also question why this company is listed. They have no need for ...more  
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(1)
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  • BB123456X
Post by BB123456on Jun 08, 2022 8:37am

New Chairman of the Board

Interesting the new Chairman is a lawyer who "continues to play a key role in strategic development for Cascades." On the one hand, I question why a lawyer would be the best person to run a ...more  
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(7)
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  • DempsterMillX
Comment by DempsterMillon May 30, 2022 4:11am

RE:RE:Do not understand why GDL does not go private?

yes, 100k seems more plausable. as far as i know it is quite cheap to be listed in Canada. 
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(106)
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  • Northforce13X
Comment by Northforce13on May 28, 2022 7:41pm

RE:RE: Apparently Stella Jones is dirt cheap at 11 times earnings

Maybe they got tired of answering the same dumb questions from dumb people 30 years ago
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(106)
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  • Northforce13X
Comment by Northforce13on May 28, 2022 7:40pm

RE:Do not understand why GDL does not go private?

"Without exchange listings and regular filings they would save a few million per year in costs." Try like... 100k
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(7)
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  • DempsterMillX
Comment by DempsterMillon May 10, 2022 12:04am

RE:Result our out and they are good

Agree with the valuation. They have now performed really strong numbers for quite some time, but the market is valuing the company as if the recent profitability is a big "one off". Very ...more