Topic: How To Invest

Please give me your opinion on the investment merits of these this company: Black Diamond Group. Thanks.

Article Excerpt

Black Diamond Group, $21.14, symbol BDI on Toronto (Shares outstanding: 41.2 million; Market cap: $871.0 million; www.blackdiamondlimited.com), is a Calgary-based company that builds modular buildings and housing for workers at remote sites, such as mines and drilling rigs. It also provides oilfield services and equipment. Aside from oil and gas and mining, Black Diamond’s customers include electricity, construction and engineering businesses, as well as government agencies. The company’s Camps division rents and sells remote workforce housing and provides associated services. Its temporary structures include large dormitories, kitchen/dining facilities and recreation complexes. This division is largely focused on western Canada. The company’s logistics division operates remote lodging facilities for third parties. It also owns the sprawling Sunday Creek Lodge, which provides accommodations for corporate clients in the northern Alberta oil sands. Black Diamond Logistics also transports, installs, dismantles, repairs and maintains modular structures for customers. The BOXX Modular division rents and sells a broad range of modular work spaces, including office units, storage areas,…