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Doman Building Materials Group Ltd T.DBM

Alternate Symbol(s):  CWXZF

Industrials Industrial Distribution
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

Doman Building Materials Group Ltd > NCIB
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Comment by gold_diggers1on Jan 12, 2022 12:25am
59 Views
Post# 34306685

RE:RE:NCIB

RE:RE:NCIBThanks TheBridge and Red_Deer for your replies.
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Ok, for the last year Nov 26, 2020 - Nov 25, 2021, the company did not buy any shares back... even though the share price fluctuated $6.50 up $10.50 then down  again $6.50.

Like Red_Deer said, have not bought any back in the past.  So... why the company filed another NCIB again?  Possibility is low that the company will do it this time round?  Is that just a warning to some poeple not to short the company below $5 - $6 then?  In the mean time, price targets are $9.50 and over $10. 
.
DBM has a tough time to continue trending up as TheBridge said - Stalled...
Last time, it jumped over $8... it was knocked back down to $6.00s?! 
However, this time, the move over $8 was gradual.  Don't know whether to jump in or not?
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GLTA
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TheBridge wrote: Doman can purchase up to 6,825,000 shares commencing Nov. 26, 2021 up to Nov. 26, 2022. In the prior year they purchased zero shares through the approved NCIB.

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