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Doman Building Materials Group Ltd T.DBM

Alternate Symbol(s):  CWXZF

Doman Building Materials Group Ltd. is an integrated national distributor in the building materials and related products sector. The Company operates various distinct divisions with multiple treating plants, planing and specialty facilities and distribution centers coast-to-coast in various cities across Canada and select locations across the United States. The Company operates 21 treating plants, two specialty planing mills and five specialty sawmills located in nine states, distributing, producing and treating lumber, fencing and building materials servicing the central United States; it serves the United States west coast with multiple locations in California and Oregon; and in the state of Hawaii the Honsador Building Products Group services 15 locations across all the islands. The Company’s Canadian operations also include ownership and management of private timberlands and forest licenses, and agricultural post-peeling and pressure treating through its Doman Timber operations.


TSX:DBM - Post by User

Post by BB123456on Nov 08, 2021 11:25am
160 Views
Post# 34099973

Competitor Results

Competitor ResultsCompetitors HDI and GDL seem to be manageing this fast moving pricing environment much better than DBM and both have generated record profits.

DBM seems like it should be well positioned to take advantage of the current strong markets, but failed to do so.  I'm not sure why their earnings were so poor this quarter, it could be they were distracted by the integration of their acquisitions.  Assuming they can execute and get things back on track, this should be a good stock to buy here, but Q4 numbers tend to be weak for the Canadian side of the business, so not sure there is any rush to buy. 

Anyone know of any reasons to expect anything different?
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