Thoughts...Look I don't want to say I told you so. But I did. :)
Q1 revenues and margins are likely going to be down on food deflation pressures (particularly from Lauzon). That's the best reason to explain the dip in the shares pre-Q1. That said, the turnaround is still very much in play.
Also, the company is reporting later than usual this year. But I wouldn't panic about that. If I were to guess, I'd say Colabor may be looking to close the Montreal distributor acquisition (so it can show growth in Q2 and beyond). That could be a positive catalyst.
That "nervousness" may have moved up that buying opportunity to now.