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.

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Colabor Group Inc

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Comment by rythmanon Mar 19, 2015 12:40pm

309 Views

Post# 23539078

RE:RE:book value

Well that is rather negative, their EBITA is around 30 mil, their current assets are greater than current liabilities, and most of their long term debt isn't due for at least two years. You will notice that they reduced the bank loan by 20 mill in 2014. their margins are about 2% on 1.4 bil of business, I expect EBITA to come in at 28 mil in 2015. More than enough to carry on operations. Competitors could bid about $2.00 per share in this situation for deep value and $3.00 per share for business value. Not an entirely complete fiasco but close.

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