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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 okgonow on Nov 23, 2023 10:40am

Amar

Amar on the buy again nice to see!!!!!!!!!!!!


Filed 2023-11-22 13:09
 
Tx date 2023-11-21
$DBM
Doman Building Materials Group Ltd. (formerly, CanWel Building Materials Group Ltd.)
Doman, Amar
4 - Director of Issuer
Direct Ownership
Common Shares
10 - Acquisition or disposition in the public market
$129,151
+19,900 vol
$6.49 each
Comment by Donwaan on Nov 23, 2023 12:44pm
Good man Amar! That is a vote of confidence in the middle of tax loss season. Shorts take note.
Comment by pennydredful on Nov 23, 2023 9:36pm
He   bought   50000  shares   in    total    6.48-6.49   for    $325,000.00 
Comment by Donwaan on Nov 23, 2023 11:10pm
Last year he waited until Dec. 22nd to buy 33,000 shares for $283,360 at a $5.56 average. Amar buying a full month sooner this year seems a positive to me.
Comment by pennydredful on Nov 24, 2023 10:01am
Perhaps   his   wallet   is  still    open   !
Comment by okgonow on Nov 24, 2023 10:04am
WITH THE AMOUNT VOF DIVIDEND he is collecting every quarter why not spend a pittance on some more dividend paying shares !!!!! amar dosent need a job he could live comfortably on the money he makes on the Divideds
Comment by okgonow on Nov 24, 2023 10:16am
dont forget we were at analysts low EPS after Q3 and amar during the CC mentioned that eventhough its not great to profit on the distruction caused by the fires in Hawaii they expect to get a good piece of the rebuilding materials buiness ....they have a bunch of stores all over that island chain that were not affected by the fires..... and all the talk in canada in tearms of building cheap ...more  
Comment by Donwaan on Nov 24, 2023 12:15pm
Possibly a M&A target is getting close to getting done and hence the timing of Amar's stock purchase. I agree okgonow, the future does look good for DBM and Amar is an astute businessman.
Comment by pennydredful on Nov 24, 2023 12:24pm
As  you  say   why   buy  another  50000  shares   when   you already  have  millions ?   The  answer  may   be   to  send  a message  to   employee   shareholders  of  this  far  flung   corporation  that  ...more  
Comment by Donwaan on Nov 24, 2023 12:43pm
Could it put a floor on this years tax loss selling as well and perhaps a message to the shorts?
Comment by okgonow on Nov 28, 2023 12:19pm
he bought another chunk a day later(  31000 shares) Filed 2023-11-23 18:38   Tx date 2023-11-22 $DBM Doman Building Materials Group Ltd. (formerly, CanWel Building Materials Group Ltd.) Doman, Amar 4 - Director of Issuer Direct Ownership Common Shares 10 - Acquisition or disposition ...more  
Comment by pennydredful on Nov 28, 2023 2:07pm
this  is the   same   50000    I pointed  out  a few    days ago.    However   since   then   he  bought   another    600  shares  at   6.65  ------that   seems   pretty   small   so   I  imagine  ...more  
Comment by okgonow on Dec 01, 2023 10:12am
yes some more Filed 2023-11-29 10:56   Tx date 2023-11-28 $DBM Doman Building Materials Group Ltd. (formerly, CanWel Building Materials Group Ltd.) Doman, Amar 4 - Director of Issuer Direct Ownership Common Shares 10 - Acquisition or disposition in the public market $1,340 +200 ...more  
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