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Doman Building Materials Group Ltd CWXZF


Primary Symbol: T.DBM

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 okgonowon Dec 01, 2024 3:42pm
51 Views
Post# 36339773

RE:RE:RE:The Re-Set

RE:RE:RE:The Re-Set

TheBridge wrote:
okgonow wrote:

TheBridge wrote: We've reached that time where the share price should start climbing again. Those who utilized the tax loss provisions need to wait 30 days prior to re-investing, if they wish to. IMO, some of those resetting this positon will likely be returning to take advantage of the prospects that Doman offers.


 

I highly doubt that there was any Tax loss selling in DBM the last time shares were higher than now was in April of 2021 if anyone sold for the tax loss they would have done that a long time ago.

DBM is a solid company with steady appreciation with a few pullbacks ...those are real opportunity's to acquire more shares and with the rock solid dividend investors are laughing all the way to the bank!

and as per the press release there will be zero impact on DBM's bottom line if trump decides to institute those tariffs as we have all the mills and with the new US acquisition things locked up on both the east and west coast.

I certainly hope you are right! But, there is never a "laughing all the way to the bank", things have never been that simple. I'm hoping we can roll up the that $11 mark, while we're collecting a decent deividend. After $11 my ride will be over and you can continue.



 

I hear ya and to each their own

if I may ask even if you are on a double your investment why would you sell your holdings in DBM a solidly run company with excellent prospects going forward and a ever increasing dividend to boot possibly share buybacks in future with the right amount of profits. And who knows a possibility of buyout by someone bigger?

My average is at around $6.5 and with the rise in SP I am probably overweight in DBM in my portfolio but for reasons mentioned above have absolutely no intention in selling, actually I will be adding to my investment because of above reasons. Over the next 5 years I see the building industry being on fire too many people not enough housing. 


other than Gold/mining and possibly energy the up side seems a pretty solid bet 

glta

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