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High Liner Foods Inc T.HLF

Alternate Symbol(s):  HLNFF

High Liner Foods Incorporated is a Canada-based processor and marketer of value-added frozen seafood. The Company produces a range of products from breaded and battered items to seafood entrees, that 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 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 Seafood1 and FPI labels. The Company is also a supplier of private-label value-added frozen premium seafood products to North American food retailers and foodservice distributors.


TSX:HLF - Post by User

Bullboard Posts
Comment by WDMBellon Feb 26, 2018 3:15pm
296 Views
Post# 27623082

RE:RE:RE:RE:RE:Value

RE:RE:RE:RE:RE:ValueAll valid points and I agree with you to a point; however when volumes continuously decrease and the only way to increase them is to acquire companies they can start to face troubles. High liner has been facing troubles for the past few years and now they have issues with the most recent purchase of Rubicon. Furthermore they idea of paying a 5% dividend is great but wouldn't that money be better spent financing the take overs and ensuring they carried as little debt as possible or perhaps growing the company organically as opposed to the acquire with debt and equity issues. It just seems that they are on and ever increasing slope.
Bullboard Posts