Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Black Diamond Group Ltd T.BDI

Alternate Symbol(s):  BDIMF

Black Diamond Group Limited is a specialty rental and industrial services company. Its segments include Modular Space Solutions (MSS) and Workforce Solutions (WFS). MSS, through its principal brands, BOXX Modular, CLM, MPA Systems, and Schiavi, owns a rental fleet of modular buildings of various types and sizes. Its network of local branches rent, sell, service, and provide ancillary products and services to a diverse customer base in the construction, industrial, education, financial, and government sectors. WFS owns a large rental fleet of modular accommodation assets of various types. Its regional operating terminals rent, sell, service, and provide ancillary products and services, including turnkey operated camps for an array of customers in various sectors. It operates in Canada, the United States and Australia. In addition, WFS includes LodgeLink, which operates a digital marketplace for business-to-business crew accommodation, travel and logistics services across North America.


TSX:BDI - Post by User

Bullboard Posts
Comment by daddyMac9on Aug 04, 2017 1:42pm
336 Views
Post# 26548542

RE:My take

RE:My takeHa ha, good one.  Using EBITDA instead of actual earnings for P/E is pretty overly rosey (they posted a loss, and their fleet does depreciate in value with use).  And suggesting a 10% share buyback is really valuable looks a bit ridiculouse given they raised $30M in March-17 to buy Britco at $3.75/share.  About the only thing positive here is that their debt levels are reasonable and the rates pretty low so there's no immediate pressure there.  This will have torque if the market ever turns around, but so will alot of other names too.  
Bullboard Posts