Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 Feb 17, 2023 11:48am
93 Views
Post# 35292194

RE:RE:RE:RE:Doubt very much

RE:RE:RE:RE:Doubt very muchDonwaan, I appreciate your posts as they cause me to re-evaulate my DBM holdings each time to see where I stand and I find that it's a very worthwhile. Even though I agree with a lot in your thoughful posts it creates some of my questions and opinions. The West Fraser Timber results caused me to compare the two companies from a different perspective. DBM is one of West Fraser's customers as one produces lumber and the other sells the product. I would think that the lower lumber prices would allow DBM to buy and sell that lumber at much lower prices and yet retain their profit margins. Yes, the housing market has really slowed down because of mortgage rates but there is still a lot construction activity that is activiated when lumber prices drop substantially. The share price in the $7 range speaks to how the market views the current situation. but DBM appears to be adept at handling the current situation, making money and paying an excellent dividend. The CEO also seems to be confident in the company's ability to forge ahead with his continual share purchases. However, I understand that the market always brings risk. Hope we succeed in regaining the $10 level in a reasonable amount of time.
<< Previous
Bullboard Posts
Next >>