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Bullboard - Stock Discussion Forum 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... see more

TSX:DBM - Post Discussion

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Post by Stocker46 on Aug 10, 2021 10:36am

Stock Price

Looks like investors are finally realizing that DBM's share price is grossly undervalued .. and are desperate to get in before 2nd Q Earnings is released.

Up 70 cents earlier this morning !
Comment by agoldbloom on Aug 10, 2021 10:44am
Could also be rumor of a special dividend like some of the others lumber related companies?  Considering that it's already a high regular divvy, a special dividend or new substantial buy back would be the cherry on the cake.
Comment by retiredcf on Aug 10, 2021 11:01am
Another positive development is the trading volume - already trading 450K after only 90 minutes. GLTA
Comment by Stocker46 on Aug 10, 2021 9:54pm
Trading volume of over 918,000 shares .. second highest of 2021.
Comment by downwithdotcom1 on Aug 10, 2021 1:44pm
..all true but remember this stock was down as much as 40% from when they annouced their bought deal to ultimately buy that big US family owned building supply co...i thought i was on safe ground buying in the 8's and then doubled my position in the low 7's based upon analyst upgrades (the step plunge in CME 2x4 wood futures not withstanding). Q2 numbers out soon-should be massive as ...more  
Comment by bucheroncapital on Aug 10, 2021 3:22pm
Will be very interesting next monday (16) the future guidance wil tell it all, last QT was good no contest !
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