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Bullboard - Stock Discussion Forum Black Diamond Group Ltd T.BDI

Alternate Symbol(s):  BDIMF

Black Diamond Group Limited is a specialty rentals and industrial services company. The Company owns a portfolio of businesses that solve the space, accommodation and travel needs of organizations around the globe. Its segments include Modular Space Solutions (MSS) and Workforce Solutions (WFS). The MSS segment, through its brands, BOXX Modular, Britco, MPA, Schiavi and CL Martin, owns a rental... see more

TSX:BDI - Post Discussion

Black Diamond Group Ltd > "Buy" rating and $4 target
View:
Post by zack50 on Jan 18, 2021 9:56am

"Buy" rating and $4 target

Analyst Trevor Reynolds: “BDI made headway on the diversification of revenue in 2020 through organic MSS growth and acquisitions. Proforma the Vanguard acquisition revenue contribution from energy decreased to 16 per cent (from 31 per cent) while the education market increased to 29 per cent (from 7 per cent). Enhanced industry diversification over the past few years has driven a reclassification of BDI to an Industrial from an O&G Service Company.

BDI continues to trade at a discount to the peer group and offers several meaningful potential catalysts aside from improved WFS activity in 2021 including continued growth of LodgeLink, and FID (June 2021) on the Goldboro LNG project.”

Comment by YoungH1isback on Jan 18, 2021 11:05am
Thanks for sharing Zack50. Yout left out the best part though! His price target is $4.00! * Black Diamond Group Ltd. (BDI-T) with a “buy” rating and $4 target. The average on the Street is $2.85. Analyst Trevor Reynolds: “BDI made headway on the diversification of revenue in 2020 through organic MSS growth and acquisitions. Proforma the Vanguard acquisition revenue contribution from ...more  
Comment by zack50 on Jan 18, 2021 11:24am
Very welcome YoungH1isback! Didn't leave it out at all... it was in the subject line which reads... "Buy" rating and $4 target... you missed it... :)
Comment by YoungH1isback on Jan 18, 2021 12:40pm
Haha! Oh boy....whoops!