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Bullboard - Stock Discussion Forum Taiga Building Products Ltd T.TBL

Alternate Symbol(s):  TGAFF

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... see more

TSX:TBL - Post Discussion

Taiga Building Products Ltd > Cheapest stock in the trading universe???
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Post by downwithdotcom1 on Aug 16, 2021 12:05pm

Cheapest stock in the trading universe???

Q2 monster results of 52 cents per share adding to Q1's great results gives a 6 month tally of 81 cents per share and its actually down a cent to $2.60 ???

WHY???

SHAME on TBL for releasing this NR on a friday nite!!!
SHAME on TBL for the wording about Q3 headwinds in the TITLE!!!
SHAME on TBL for not recognizing these exceptional results in the form of a divi!!
LASTLY, SHAME ON THIS MARKET for not rewarding TBL with any kind of posative response in today's trading!!! opened up a single penny on patheic 1100+ shares..are you kidding ME??? not even a step pop and then a sell-off???
Once again just shows how this market is TOTALLY RIGGED - if your not doing business with the BANKsters or the flashboys, this is what you get..I have to admit "NOT BITTER" (maybe a little) but still totally disappointed on the market reaction (there just isn't one). It actually makes me think somebody wants it this way.but to what end??.TBL investment relations screwed up BIG TIME and now another NCIB NR?? when 70+% of the float IS ALREADY OWNED by the major shareholder???  Creeping takeover if you ask me..Anyways for those looking for a place to invest, even if profits drop by 50% or even 80% in the 2nd half, STOCK IS STILL TRADING AT forward 2X to 2.5X >>>>P/E<<< OUTRAGOUS!!! Still don't feel better.. dwdc
Comment by Stocker46 on Aug 16, 2021 12:49pm
Agree with all your points downwithdotcom1. 2020 was a very solid year at 64 cents eps. We can't expect a repeat of 1st half performance in the 2nd half but even with minimal earnings, they will easily surpass $1 eps. Investors appear to be too focused on lumber futures (which by the way, are expected to rebound this fall). Lumber futures vs wholesale/retail prices are a lot like oil & ...more  
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