Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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 low-carbon and high-carbon galvanized steel wires; clean and bright wire for industrial and original equipment manufacturer customers; agricultural products, including fencing, barbed wire, galvanized wire, and bright wire, as well as other fabricated wire products specifically for farming, ranching, and vineyards; and nails and stucco reinforcing products for residential and light commercial construction. The company also provides black annealed wires, 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.


TSX:TSL - Post by User

Comment by mjh9413on May 02, 2024 8:56pm
304 Views
Post# 36020789

RE:,,,,,,,,,,,,,,,,,,,,,,,,,SPECIAL Extra Dividend.........

RE:,,,,,,,,,,,,,,,,,,,,,,,,,SPECIAL Extra Dividend.........Hey, looking at their working capital March '24 they might very well consider such a thing but do you buy the stock on the basis of a potential 6cent dividend over the declining revenues and margins in the  recent periods? If holding long term is the normal dividend attractive <4%?  Nice company. Nice balance sheet but I sold whole position earlier on basis of  the macro conditions that were evident.. Might come in again before June qtr end as exceptional items in Q1 alone shud support better financial performance in Q2if rev and margins do not decrease further.. Also seems to have persistent retail support which can be helpful.
<< Previous
Bullboard Posts
Next >>
Dealroom for high-potential pre-IPO opportunities