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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

Post by TheBridgeon May 18, 2024 11:25am
109 Views
Post# 36047261

Just A Matter Of Time

Just A Matter Of TimeIt appears that a large number of shares either flocked off for something deemed a better or quicker opportunity or there was a shaking of the share tree to pick off all the loose shares that came falling down. While we're in that closing period of where the interest rates are still deciding if they are going to drop we are getting very close to a point where they will start to drop. That should start to provide dropping loan and mortgage rates which could start a significant building spree in North America. Tough to wait it out, but eventually it's going to happen.  IMO, these shares below $7.50 are going to provide a nice return, aside from the dividends while you wait. Good luck to those hanging in and averaging down or starting a position at these prices.

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