Doman Building Materials Group Ltd T.DBM

Alternate Symbol(s): CWXZF

Industrials Industrial Distribution

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

Doman Building Materials Group Ltd > Marvin K. Mooney

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Comment by Stocker46on Apr 13, 2022 9:32pm

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Post# 34602490

RE:RE:RE:RE:RE:Marvin K. Mooney

TheBridge .. I wish it was that easy but predicting DBM's share price in the fall of 2022 is not an easy task. Doman managed record earnings in 2021 with lumber prices reaching all-time highs, but traded in the $6 to $8 range for most of the year .. moving over $10 for a few trading days and then falling back.

The dividend is appealing but If they could barely make it to $10 in 2021, I'm not convinced it will happen in 2022 ... with inflation, higher interest rates, and the prediction of lower spending on home renovations.

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Two micro-cap stocks with strong fundamentals