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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 Nov 30, 2024 10:31am

The Re-Set

We've reached that time where the share price should start climbing again. Those who utilized the tax loss provisions need to wait 30 days prior to re-investing, if they wish to. IMO, some of those resetting this positon will likely be returning to take advantage of the prospects that Doman offers.

Comment by okgonow on Nov 30, 2024 1:13pm
  I highly doubt that there was any Tax loss selling in DBM the last time shares were higher than now was in April of 2021 if anyone sold for the tax loss they would have done that a long time ago. DBM is a solid company with steady appreciation with a few pullbacks ...those are real opportunity's to acquire more shares and with the rock solid dividend investors are laughing all the ...more  
Comment by TheBridge on Nov 30, 2024 11:42pm
I certainly hope you are right! But, there is never a "laughing all the way to the bank", things have never been that simple. I'm hoping we can roll up the that $11 mark, while we're collecting a decent deividend. After $11 my ride will be over and you can continue.
Comment by okgonow on Dec 01, 2024 3:42pm
  I hear ya and to each their own if I may ask even if you are on a double your investment why would you sell your holdings in DBM a solidly run company with excellent prospects going forward and a ever increasing dividend to boot possibly share buybacks in future with the right amount of profits. And who knows a possibility of buyout by someone bigger? My average is at around $6.5 ...more  
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