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 > Leaping Fences

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Comment by TheBridgeon Dec 18, 2023 10:29am

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Post# 35789725

RE:RE:RE:Leaping Fences

Donwaan wrote: My only concern is what has fundamentaly changed since DBM was trading at $6.50? What is actually sustaining the 23% price rise?

Don, I suspect that one of the reasons might be the same as it was when the share price started to climb when it dipped down to $6.50. Investors who are looking further ahead are becoming more convinced that we're heading down the road to lower rates and with that construction firing up again. Buying these shares in advance at these prices while collecting a tastie dividend just provides them with more reason. Just my opinion.

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