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Colabor Group Inc T.GCL

Alternate Symbol(s):  COLFF

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

Comment by DanielDarden123on Jul 22, 2022 10:58am
188 Views
Post# 34843063

RE:RE:RE:RE:RE:Looking like Deep Value

RE:RE:RE:RE:RE:Looking like Deep Value
DanielDarden123 wrote:
oldinvestor64 wrote: Attended the conference call this morning.
Both CEO and CFO reiterated the solid position that the company is right now.
Improvement on margins, managable debt level, establishing own brand, local procurement, potential accreitive acquisitions and overall positive business environment with the easing of covid restrictions.
Let's hope the market sees  all this positively and rewatds this turnaraound story approprately.
OI

The 2 recent acquisitions in Quebec verify that this co. Is “Springing in Action”. Will astute investors act on these catalysts or wait until the sp moves up to a more comfortable level? History tells us that most will wait until the deep value is gone.

Looks like the fear is subsiding here and more are recognizing the potential now. Being early has its’ rewards but humans love comfort so that must be realized and explains why buying higher happens.
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