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Doman Building Materials Group Ltd T.DBM

Alternate Symbol(s):  CWXZF

Doman Building Materials Group Ltd. is an integrated national distributor in the building materials and related products sector. The Company operates various distinct divisions with multiple treating plants, planing and specialty facilities and distribution centers coast-to-coast in various cities across Canada and select locations across the United States. The Company operates 19 treating plants, two specialty planing mills and five specialty sawmills located in eight states, distributing, producing and treating lumber, fencing and building materials servicing the central United States; it serves the United States west coast with multiple locations in California and Oregon; and in the state of Hawaii the Honsador Building Products Group services 14 locations across all the islands. The Company’s Canadian operations also include ownership and management of private timberlands and forest licenses, and agricultural post-peeling and pressure treating through its Doman Timber operations.


TSX:DBM - Post by User

Comment by mo1975on Jun 14, 2021 6:58pm
103 Views
Post# 33385979

RE:RE:RE:Multiple Upgrades

RE:RE:RE:Multiple Upgradesdon t expect the dividend to be raised... a special dividend yes but no raise....
guys remember this is  a double take because of the covid.... gave doman some wiggle room to 
build even more.. but the numbers will not repeat themselves  i cannot for the love of god understand those analysts... in one hand they raise their tp... and then in the lumber industry the analyst expect the price per thousand boardfeet to go back to the 700.00 dollars (post covid 2nd quarter 2022)  from the high of the covid at between 1600 and 2000 per thousand...with the price back to 700  you will not have the same margin and therefore the same profit for doman... he was wise to rein in the dividend in sep 20
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