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 offers specialty food products such as meat, fish and seafood, as well as food and related products through its Broadline activities. Its product categories include frozen food products, dry goods, dairy products, fruits, vegetables, meat, fish, seafood, poultry, disposable items, sanitation products and maintenance products. Its Norref products offer over 1,500 products sold fresh, frozen or live, including regional, exotic and eco-friendly fish, all varieties of seafood and processed products. Its Lauzon products include lamb, beef, delicatessen, turkey, game, fish, pork, poultry, veal, cheese, frozen food and portion. It also sells products under private brand, Menu. It distributes around 10,000 food and related products to 15,000 points of sale.

TSX:GCL - Post by User

Colabor Group Inc

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Comment by FrankoLon Mar 12, 2015 7:01pm

393 Views

Post# 23516072

RE:RE:RE:Dead Cat Bounce

A graveyard indeed. I have never seen a company destroying shareholder value so quickly. 44 % down today... I don't remember the last time I've seen that on the tsx from a company that is not a pennystock.

Thankfully, I managed to escape this stock without a loss today with some good buy/sell order in the morning and ton of luck apparantly as it collapsed even more in the afternoon.

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