Stockhouse.com uses cookies on this site. By continuing to use our service, you agree to our use of cookies. Cookies are used to offer you a better browsing experience and to analyze our traffic. We also use them to share usage information with our partners. See full details.
I Agree
×
Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Privacy Policy | Disclaimer

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Privacy Policy | Disclaimer
Please Try Again {{ error }}

Send my password

Return to Login
SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

High Liner Foods Inc T.HLF

Alternate Symbol(s):  HLNFF

Consumer Defensive Packaged Foods
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

High Liner Foods Inc
Bullboard Posts
User Avatar Image
(5)
•••
Comment by whodathunkiton May 17, 2019 1:20pm
103 Views
Post# 29756279

RE:Divy slashed from 14.5cents to 5 cents

RE:Divy slashed from 14.5cents to 5 cents
wheeloffortune wrote: Dumped my position I bought Thursday at $7.38 for $7.13 today at a loss.  Horrible cut, but I guess I should have expected it.  It'll probably hit $5 by the end of the week.  I'm so pissed right now. 


So I'm guessing you're even more pissed off now because you threw away $1.75 per share by being so emotional?  Logic should have told you that this would be one of those rare cases that a dividend cut and related statements would likely be positive for the stock.

I bought this back when it tanked from the recall news and bought again as it continued to fall.  My average is about $8.75 so I'm now finally back in the money.  I bought this for a quick flip based on my belief the market over reacted to the news.  To me a quick flip is 6 to 18 months.  Once she pushes into double digits I'll be getting out.

Cheers.
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities