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K-Bro Linen Inc T.KBL

Alternate Symbol(s):  KBRLF

K-Bro Linen Inc. is a Canada-based owner and operator of laundry and linen processing facilities. The Company provides laundry and textile rental services in Scotland and the Northeast of England. The Company and its wholly owned subsidiaries operate across Canada and the United Kingdom, providing a range of linen services to healthcare institutions, hotels and other commercial accounts that include the processing, management and distribution of general linen and operating room linen. It operates through two divisions. Canadian division provides laundry and linen services to the healthcare and hospitality sectors through 10 operating divisions located in Vancouver, Victoria, Calgary, Edmonton, Regina, Toronto, Montreal, and Quebec City. UK division provides laundry and linen services primarily to the hospitality sector, with other sectors, including healthcare, manufacturing and pharmaceuticals, through four sites which are located in Perth, Newcastle, Livingston and Coatbridge.


TSX:KBL - Post by User

Bullboard Posts
Comment by WDMBellon May 25, 2016 10:35pm
285 Views
Post# 24905251

RE:RE:RE:RE:RE:BNN...

RE:RE:RE:RE:RE:BNN...Wow come out swinging!  I agree it with you it does make sense to build newer efficient facilities that can handle more volume with reduced costs.  Absolutely!  What I am saying is that financing it with debt that cost interest and diluting the shares of existing holders does not make sense when they can reduce their dividend and finance it with earnings which in turn will increase shareholder value.  Take a look at WINPAK (WPK)  they have never increased the amount of shares since IPO and finance every bit of growth with earnings and the company is doing fantastic.  Furthermore every once and awhile they issue a special dividend.  Let me ask you this what good are those additional shares to existing share holders if they struggle to reduce their debt and increase their dividends and revenue expansion due to cashflow being spread to thin?  They are going places I will give you that I would prefer to see exactly where they are going.  Last quarter was supposed to show the benefits of the new facility in Saskatchewan.  The revenue was up but the earning were down.  Is next quarter going to show that?  I have concerns about it.

Why the ignorant comment?  I want to discuss the company not slander people because of a perception based on company information. 
Bullboard Posts