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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

Post by Hugo1947on Jan 11, 2023 8:26pm
200 Views
Post# 35217253

Doman moving Up

Doman moving UpI have been in this company for about 8 years now and found it to be very profitable. Even though the hot housing market has cooled somewhat, these guys took the big pile of money that they made when lumber was over the top and paid us out a nice special dividend, but at the same time took the greater amount of the profit and bought that hugely sucessful lumber company in Texas and Nevada. Now not only are they selling lumber in the USA in U.S. dollars, they also own a huge pressure treating operation down there. So if housing slows down some the renovation market and pressure treat market will continue to grow. Because most people work on the basis if I can't buy anything newer or bigger then I may as well fix up what I got and improve my current home.
may I also mention I used to follow this site until the idiots started to use it as a personal attack form.
I am glad to see it has returned to honest and thoughtful discussion.
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