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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

Comment by TheBridgeon Mar 04, 2022 11:10am
147 Views
Post# 34483259

RE:RE:RE:4th Quarter

RE:RE:RE:4th QuarterJust wondering. We knew that this quarterly report wasn't going to be as good as the prior ones. We do know that the price of lumber has been climbing up for a while now.  We know that spring and summer in North America is approaching and the building season will see a pick up. We see DBM share prices drop to a point that they offer a decent chance to do very well in the next two quarters. Why sell prior to the next active season for the company. IMO, they have a good chance of climbing towards the $10 range and paying a nice dividend as you wait. I plan on selling close to the $10 share price and buy back when it drops down as it has here, but I also wouldn't be doing so with a large portfolio position. Just wondering what your reasons for selling were and what you see in the immediate future that convinced you to sell or consider selling. Looking forward to your thoughts. Thanks
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