Doman Building Materials Group Ltd T.DBM

Analyst Recommendation

[retiredcf]

Almost hate to waste my time posting on this non functional BB but Alex Ruus just gave a recommendation for DBM on today's Market Call. He thinks the reason that DBM is down at these cheap levels is because most investors lump it in with forestry stocks instead of realizing that it's a distributor with completely different ways of dealing with debt. OK bashers, do your thing. GLTA

[Red_Deer]

One PROBLEM With THAT THEORY is That ALL Forestry Stocks ARE NOT FAR From Their  ALL TIME HIGHS Posted Earlier this Year WHEN Lumber Made ALL TIME HIGHS MORE LIKELY Would BE That Pretty Much ALL the COVID Stay at HOME Do It YOUR SELFERs Have DONE All they WANTED TO DO__THUS the DEMAND For ALL THINGS Construction/Renovation HAS DRIED UP

[Scarlada1]

This post has been removed in accordance with Community Policy

[theprovincial]

I wish this traded like a forestry stock, most aren't that far of the highs of Q1/Q2 2021. Instead we traded like we're on the brink of insolvency. I'm heavy in DBM, but analysts should just start downgrading this sh!t to try and salvage some integrity.

[Stocker46]

Wow, "you're heavy into DMB" but you want "analysts to just start downgrading this sh!t to try and salvage some integrity". Great strategy provincial .. you're apparently losing big time on Doman stock and you want to lose more. In fact, the current price estimates by analysts are very conservative. As pointed out recently, when DBM traded in the $6 to $7 range back

[theprovincial]

The analyst targets are so laughably out of line now it degrades the integrity of the publications they write for. We've been downgraded multiple times already in case you haven't noticed. What's another dollar or two? At least then the projections would be realistic. Just because I have a large position in DBM, doesn't mean I can't be disgruntled with our abysmal performance

[Stocker46]

theprovincial - you agree DBM is undervalued. ... so based on their earnings performance over the past year & a half and the fact that lumber prices are expected to continue to increase over the next several months (after the recent decline) ... what would you consider to be a fair value for DBM's share price ?

[Red_Deer]

I WILL Take a STAB at THAT__Fair Value @ $7.50__With a YIELD @ 6.4 %

[Hugo1947]

Hi Retired Chief, it's nice to see someone post some real information instead of all the drival these others post. I said the same on this border about 6 weeks ago that the Doman show isn't over yet. I think there will be some very possitive earnings surprises here in the next several months, that is why I continue to accumulate more shares when it drops a bit.

[FoodStampRomeo]

When it drops a bit????? M8 we're down $4.5 since the bought deal! FFS this garbage is down 19% on the 1 year in one of the most bullish building environments in history. Give your head a shake if you consider these massive selloffs little dips.

[Jtpatrol1]

good point

[GassXX]