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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 TheBridgeon Aug 27, 2024 10:55pm
114 Views
Post# 36198779

RE:RE:RE:Improving Signs

RE:RE:RE:Improving Signs
flush777 wrote: I wanted to buy more but the price rose too much ... BETWEEN BANK OF CANADA AND THE  US FED, LOOKING  FOR BETWEEN 1/2 OF 1% AND 3/4 OF 1% DECREASE IN RATES. OK, A DIFFICULT DECISION BUT UNLIKELY 1/4 OF1% SINCE FED HAS ANNOUNCED A CHANGE IN DIRECTION. HUM, WALK THE WALK, OR TALK THE TALK.

I RECENTLY PASSED ON DOMAN TO A FRIEND AND PURCHASED AND IN FOLLOWUP, WITH INTEEREST RATES DECREASING, HIGH DIVIDEND RATE STOCKS ARE A GIFT ...

OK
You might just want to wait awhile before adding some more. The big boys have a way to bring this down to around the $6.50 mark, if they do that would be the best time to add. Don't know if it's going to happen again but it might. This should provide some great capital gains if you're willing to wait as the interest rates come down in North America. Good luck!


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