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.

TSX:DBM - Post by User

Doman Building Materials Group Ltd > FYI

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Comment by TheBridgeon Oct 17, 2024 11:40am

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Post# 36270030

RE:FYI

HARJAY wrote:

In a report previewing earnings season for Canadian industrials titled Some near-term pain, but long-term gain, Stifel analyst Ian Gillies warned “the next few months are going to be spooky for the short-cycle names.”

Mr. Gillies made four target changes ahead of earnings season:

Doman Building Materials Group Ltd. (DBM-T, “buy”) to $10 from $9.25. Average: $10.29.

HARJAY, if Trump wins the election, DBM is going to suffer in its Canadian section but will do very well in the U.S. area. And at this time it appears that he is gaining momentum with the voters.

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