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 > Possible Opportunity?

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Comment by TheBridgeon Nov 28, 2023 11:01am

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Post# 35756247

RE:Possible Opportunity?

TheBridge wrote: Those purchasing these shares at $6.68 or less recently would see a profit of 50% if or when these shares reach $9. Now that would be nice return on investment, and not even taking into account the decent dividend while they wait.

Sorry for that mathematical mistake, don't know how I did that..........but I did. Buying at the $6.68 price and selling at the $9 mark would be a $2.32 difference.......that would be a 34.7% change and not the 50% that I had posted. But 34.7% is nothing to laugh at. Hope you prosper holding this!

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