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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

Post by zack50on Nov 03, 2021 5:05pm
220 Views
Post# 34084125

Good volume for BDI and nice uptick today!

Good volume for BDI and nice uptick today!

Like some others here in the BDI forum, I believe thte company has no doubt turned the corner and will continue to impress as it moves forward.

The dividend reinstatement... albeit, a small one... the expansion of Lodgelink, the increased demand for its modulars, etc., are obviously extremely positive and should bode for even better quarterly reports as the Covid crisis continues to slowly abate.

The share price moved up by ~9% today... I had hoped for 15%... but I'll take that. I think over the course of the next few trading sessions we'll continue to see an uptick and we'll hit $6 rather quickly... the stock still trades at a discount to its peers!

I also expect that the analysts who follow BDI will see that BDI has a great deal of growth potential which will translate into an increase in future cash flow and therefore we'll see an enhancement in their target price to at least $6.50 to $7.

All the best folks!

 

 

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