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High Liner Foods Inc T.HLF

Alternate Symbol(s):  HLNFF

High Liner Foods Incorporated is a Canada-based value-added frozen seafood company. The Company is a processor and marketer of value-added frozen seafood, producing a range of products from breaded and battered items to seafood entrees, which are sold to North American food retailers and foodservice distributors. In addition, it is a supplier of commodity products in the North American market. The Company’s retail channel includes grocery and club stores, and its products are sold throughout the United States and Canada under the High Liner, Fisher Boy, Mirabel, Sea Cuisine and Catch of the Day labels. The foodservice channel includes sales of seafood that is usually eaten outside the home and its branded products are sold through distributors to restaurants and institutions under the High Liner, Mirabel, Icelandic Seafood and FPI labels. It owns and operates over three food-processing plants located in Lunenburg, Nova Scotia, Portsmouth, New Hampshire, and Newport News, Virginia.


TSX:HLF - Post by User

Bullboard Posts
Comment by thegazelleon Jan 15, 2013 11:13am
121 Views
Post# 20839749

RE: RE: Has Now Peaked...

RE: RE: Has Now Peaked...

True enough.  I bought in at 14.80 and again at 23.60.  I have no plans to sell whatsoever.  The company has a virtual monopoly on the frozen seafood market, it has made excellent acquisitions, it continues to evolve and expand its seafood offerings (like the recent Tilapia line), cashflow is great, earnings are great, they have great management - what's not to like?  My belief is firmly in picking solid companies and investing in them, not trying to predict good entry and exit points.  If I believe a stock is of good value (or undervalued) and the company fundamentals looks solid, I will invest, regardless of the short term price fluctuations (up or down).  I have eaten High Liner products since I was 8-years-old (I am 39 now) and this company continues to produce a variety of good seafood products for the consumer, now into another generation with my kids.  An easy investment choice for me.

Bullboard Posts