Colabor Group Inc T.GCL

Improving Margins

[DanielDarden]

When margins improve along with vastly increased sales, only good things happen. This team seems determined to dominate in Quebec and thus far the evidence is promising. Will Quebecers adopt homegrown talent? History says that they will.

[pennylane101]

The cost of the move is in the high teens to low twenties and this is in millions of dollars.Their net debt is now above $52 million and unless, as they claim, they can fund the move through organic growth, their debt levels will balloon to over $70 million.  It is a bit risky with interest rates on the rise and I can see why investors are hesitant to drive the price higher.

[DanielDarden]

The stock market has embedded risks always so it is critical to understand the potential rewards as well. The move to a new facility had to be discussed thoroughly at any Board Meeting and obviously the potential rewards outweighed the risks. If you don’t trust management and the Board you should not be looking at this. Often some attempt to micro manage the co. As an nvestor. Assessing the

[prophetoffactz]

The cost of the move won't hit debt all at once and as the year progresses GCL is making money. Could it make $40 million in EBITDA this year before the cost of the move? Given how prices are falling maybe GCL will be able to save some money too.