Colabor Group Inc T.GCL

Alternate Symbol(s): COLFF

Consumer Defensive Food Distribution

Colabor Group Inc. is a Canada-based distributor and wholesaler of food and related products serving the hotel, restaurant and institutional markets (HRI) in Quebec and in the Atlantic provinces, as well as the retail market. The Company's segments include Distribution and Wholesale. The Distribution segment is engaged in the distribution of food products and related products in the HRI and retail market. The Company distributes specialized products, such as meat, fish and sea food (specialty distribution), as well as general food-related products (broadline distribution). The Wholesale segment is engaged in the sale of general food-related products to distributors from its distribution center in Boucherville. The Company has a partnership with Maturin, and it provides Lauzon and Norref products. It also sells products under the private brand, Menu. The Company distributes over 15,000 products in Quebec and Atlantic. The Company has over 700,000 square feet of storage facilities.

TSX:GCL - Post by User

Colabor Group Inc

Bullboard Posts

Comment by knicksmanon May 08, 2017 1:42pm

212 Views

Post# 26217035

RE:Small Caps ...again

There was no leakage. I (and anybody who did their research) knew to sell ahead of the quarter because of all the negative news around the grocers' competitiveness and food deflation. The quarter wasn't good as expected. That said, this turnaround story is still intact (maybe at a slower pace). The stock is now relatively cheap trading at close to 7.0x EV/EBITDA. Cash flows should be strong and M&A could help boost growth. I'm picking away at it...but I don't expect to see an improvement in earnings until Q3. There's still very good medium-term potential upside to this name.

Bullboard Posts

Why invest?