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.

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Doman Building Materials Group Ltd > Could be a relief rally

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Comment by Stocker46on Sep 10, 2022 1:11pm

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Post# 34954318

RE:RE:RE:Could be a relief rally

Lumber Futures, unfortrunately, are telling a different story.
Average to date in 3rd Q is now $565 or approx. 29% less than 2nd Q. (which was 33% less than 1st Q)

TD Investments (4 brokers) are estimating an EPS high of 10 cents in 3rd Q. (low of 6 cents)
Seems overly pessimistic but after predicting 40 cents in 2nd Q vs an actual of 24 cents, they are likely over adjusting.
Regardless, going from an EPS of 48 cents in 1st Q to 24 cents in 2nd Q .. to say 8-15 cents in 3rd Q .. will definitely not help the share price.

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