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Bullboard - Stock Discussion Forum
Dollarama Inc
T.DOL
Alternate Symbol(s):
DLMAF
Dollarama Inc. is a Canada-based company, which offers various assortment of general merchandise, consumable products, and seasonal items. The Company conducts its business through its subsidiaries, including Dollarama L.P. and Dollarama International Inc. (Dollarama International). Dollarama L.P. operates the chain of stores in Canada and performs related logistical and administrative support...
activities. Dollarama International has retail operations in Latin America through Dollarcity, a value retailer that offers an assortment of general merchandise, consumable products and seasonal items in stores located in El Salvador and Guatemala and stores located in Colombia and Peru. Dollarama International also sells merchandise and renders services to Dollarcity. The Company, through Dollarama International, acts as the primary product vendor of Dollarcity. The Company operates approximately 1,507 stores across Canada.
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MrOptimist
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Comment by
MrOptimist
on May 05, 2020 3:05pm
RE:RE:Recession proof
Debatable. Dominance in Canadian market, fantastic margins with some exposure to south America there also. With covid still going on, this thing should continue to command a premium multiple.
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2buyornot2buy
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Comment by
2buyornot2buy
on May 01, 2020 6:10pm
RE:Recession proof
Good luck with that. Momentum is waning and this stock hasn't made a new high in over 2 years, and that's when times were good. I'd expect a drop to $30 at least if not the 20's
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