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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

Comment by Norwood66on Dec 17, 2020 12:16pm
155 Views
Post# 32128716

RE:RE:NEW TARGET OF $3.75 JUST PLAIN GREED

RE:RE:NEW TARGET OF $3.75 JUST PLAIN GREEDIn terms of market capitalization, LL has the potential to exceed the value of the traditional business in 1-2 years. The market reward for software as service significantly exceeds the brick and mortar business as it generally requires signifantly less capital and is more leverageable once scale is achieved (which you are starting to see with LL).

The best way for them to achieve this goal is to spin LL out of BDI and run it as a standalone while hopefully providing a capital dividend to holders of BDI (i.e. shares in LL). Once it is a standalong, it can participate in corporate finance activities which will really drive interest in the market.

LL will/can become more valuable than BDI (at least from a market perspective). M&A is a real possibility too.

This is the beginning of a great ride for BDI shareholders.

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