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Tree Island Steel Ltd T.TSL

Alternate Symbol(s):  TWIRF

Tree Island Steel Ltd. manufactures and sells steel wire and fabricated steel wire products in Canada, the United States, and internationally. It offers industrial wire that include high and low carbon wires and black annealed wires; nails, such as bulk, packaged, and collated nails; agricultural products, including rolled fencing, fence panels, and agricultural wires; and welded wire reinforcement products. The company also provides woven and welded wires, corners, and accessories. It markets its products under the Tree Island, Halsteel, True Spec, K-Lath, TI Wire, Tough Strand, and ToughPanel brand names. The company was formerly known as Tree Island Wire Income Fund and changed its name to Tree Island Steel Ltd. in October 2012. Tree Island Steel Ltd. was founded in 1964 and is based in Richmond, Canada.


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  • pennydredfulX
Comment by pennydredfulon Sep 25, 2022 3:23pm
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Post# 34985243

RE:RE:RE:RE:RE:RE:RE:In at $3.59

RE:RE:RE:RE:RE:RE:RE:In at $3.5956.3%    of    pre   tax   profits   were  an   extraordinary  gain    re  profit    on   sale    of   a    property  in 2021    .   As   this   was   a  one time   unrepeatable   item   the  market   is likely  to  ignore  this  item    for   on going  valuation    purposes   .   It    means   operating   earnings   were   lower   than  reported  ,    nevertheless   the    PE    ratio   is  very low .
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