Doman Building Materials Group Ltd T.DBM

results

[okgonow]

excellent job by the DBM team once again! while many of th other companys in this sector have missed expctation quite badly DBM with their smart slow and steady approach, has done very well in a tough market. also to compare any results from the overinflated covid years dosent make sense ..Covid years=anomaly......to even be this close to 22 earnings is fantastic!!

the new acuisition should help bottom line and to be able to pay for it out of cash is even better.

DBM= a stock to hold as a core asset in any portfolio!!!!

GLTA

[okgonow]

i guess the market dosent feel the same way everything is measured thru INVIDIA/Bitcoin goggles these days! unreality is rampant 

[okgonow]

Bought the dip Ty for selling to whoever!!

[Stocker46]

Quite the over reaction. 4th Quarters are rarely good for DBM as per 4th Q 2022 of $4.3 M vs $10.5 in 2023.  Not sure what people were expecting?

[okgonow]

absolutely and if you take the anomaly of the covid crazy prices out of the equasion the EPS looks stellar!!!!! Anual EPS per year: FY17--$.37 FY18--$.40 FY19--$.22 FY20--$.77 FY21--$1.32 (full Blown Covid) FY22--$.91( Q1 still Covid pricing) FY23--$.87 As i said they did a great Job well done DBM  stup..id people selling especialy with the DIV thats not going anywhere

[Donwaan]

I'm expecting the earnings call will reverse the downward over reaction.

[okgonow]

strong results dispite price declines strong activities across all product lines  diversification of buissness lines higher unit volumes  strong balance sheet M and A ongoing adding scale and volume  ready to pounce margin protection in place organic growth ongoing forcasting strong demand for pressurtreated lumber  ongoing cost-saving opportunitys being realized ie; optemizing

[Donwaan]

Where will the share price settle in the short term? Should climb back up heading into ex-div date.

[TheBridge]

Don, IMO there was profit selling taking place and it appears that the share price drop during the session may have even allowed some of those sellers to re-enter. Never-the-less this is a solid company.

[SuperM]

From RBC site Estimate EPS was for 0.088 Actual 0.12 That's a great beat EPS is not everything, but this is definitely a good and profitable company. GLTA SM