Taiga Building Products Ltd T.TBL

So TBL @ $5?

[ValueinMystery]

I would imagine with TBL being the last public company on the Avarga books (stated on another post) then a 20% premium would be around $5...
Considering full year earnings of $0.82/sh in 2022 and $0.57 in 2023 that's less than 10x P/E
Currently it looks like we're on track for around $0.50/sh in 2024, so around 10x again
There's also the $1.70/sh (stated on another post) cash position to consider
Also no debt

Simply Wall St gives TBL a fair valuation of $14.41
Morningstar gives $3.60
Personally for a take over $8.80 would be my ball park

What's a fair value for you?

**Side note: May being the annual meeting would line up nicely with the privatization of Avarga complete and a vote for TBL would be the next logical step

[downwithdotcom1]

yes, a $5 ish offer would be both tempting and decent  to take TBL private ...AT LEAST ON PAPER.....MY concern is that you're spending roughly 104 mill shares x 30% = 31 mill shares NOT CURRENTLY OWNED 31 mill shares x $5.50 share offer = $170 mill which is NOT EVEN THE CASH POSITION OF THE COMPANY ITSELF!!!! dwdc PS. i just sent an email to their investor relations dept to ask why

[ValueinMystery]

I agree, the cash position should factor into any offer, or at least be returned to us shareholders before a deal is reached.  I'm very disappointed in TBL's initiation of a share buyback, and then the lack of follow through on buying shares. They could buy back the full 5% they're authorized to for $30 million and still have $140 million left over. August 2022 to 2023 saw a