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 > Looking like Deep Value

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Comment by oldinvestor64on Feb 28, 2022 12:00pm

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Post# 34467974

RE:RE:RE:Looking like Deep Value

Attended the conference call this morning.
Both CEO and CFO reiterated the solid position that the company is right now.
Improvement on margins, managable debt level, establishing own brand, local procurement, potential accreitive acquisitions and overall positive business environment with the easing of covid restrictions.
Let's hope the market sees all this positively and rewatds this turnaraound story approprately.
OI

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