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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 YoungH1isbackon Feb 17, 2021 7:53am
74 Views
Post# 32582434

RE:RE:RE:RE:IRROC

RE:RE:RE:RE:IRROC
Norwood66 wrote: I don't know whther there is individual brokerage rules, however, at RBC BDI was not marginable until it hit $3, and then it is only marginable at 25% of the value - as of today my margin overhead imcreased by 25% of BDI's value. I know that some of my more blue-chip companies are marginable to 75%, and there are others only at 50%. This might be based upon value/liquidity/credit of account etc. I have never really looked into the reasoning because I don't use margin too much.
That being said, when you have a marginable stock, that stock becomes more attractive because the investor knows that when they buy that stock. that they can use a % more on top of that start to buy another stock. i.e. you get leverage. Beware of the pitfalls of using margin.

When a stock isn't marginable, it isn't levarageable and generally less deireable to the masses. So this is a good threshold for BDI. But it. must maintain this level or you will get margin calls (assuming you used margin).
I hope that this helps.
Takeaway - marginability is a good thing for BDI shares. BDI is now going to. go on a tear!
GTLA



Thanks for that breakdown! Much appreciated. 
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