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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 TheBridge on Jan 28, 2023 2:18pm

Semi-Precious Gem

Just finished looking at some of my purchases of Doman since November.  November 2, 2022 at $5.40 was my lowest purchase price and at the moment that represents a 35% growth, obviously the additions after that have a little lower gain but still excellent capital appreciation. Add to that the nice dividend and you have to call this share a semi-precious gem. IMO, I don't think the share price is  finished growing and $9 is not out of the realm of possibilities..........but that might take some time to get there. You say $10? Yes, we've been there before and will likely be there again but $9 on today's $7.28 price would provide a 24.6% appreciation plus a dividend along the way. Any risk? There's always risk!
Comment by pennydredful on Jan 28, 2023 4:31pm
I backed  up  the truck  when  a block seller appeared  just  before  Christmas ,  either  taking a tax loss and/or  wishing  to  get the name off the books prior to  year end. The  annualized  return  since  then would  be well   over   100%..   
Comment by Red_Deer on Jan 29, 2023 6:15am
Hey PENNY__So WHAT SIZE of a Truck Did YOU DRIVE eh???__1/2 Ton -3/4 Ton -1Ton - 3Ton - 5 Ton - or a SEMI ????
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