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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 Donwaanon Dec 21, 2023 2:14pm
90 Views
Post# 35796174

RE:Chasing the Santa rally?

RE:Chasing the Santa rally? An interesting comment following this article: What was the purpose of that article? In 2022, the FED had aggressive interest rate hikes and kept promising for more. The stock market crashed even though companies were making record profits. This year, the FED has slowed it's interest rate hikes, and it looks like rates will be lowered in 2024, so the market it shooting through the roof. No amount of bad news about actual earnings is going to stop the market from going up. It is all about market liquidity now. Until you figure that out, you are going to be left behind.
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