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 felker04on Oct 18, 2018 4:22pm

125 Views

Post# 28830501

RE:RE:Encouraging quarterly results

If they can stabilize their sales and income, while reducing debt in the next quarter or two, we are heading up for the SP.

It wouldn't need that much of a profit to make the value go up. This company is all valued really poorly right now.

But as it was said, encouraging at least. WE didn't have any good news from them in a while. I bought when it was back at 7.50$ and bought back going down. Worst investment ever for me, but I am still hopeful.

I am averaged at 1$ and feel it could go back there in a year or two with some good news like this one.

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