RE:Top Pick K-Bro Linen (KBL TSX)
Recently there has been a rash of takeovers of small to medium-sized Canadian businesses with solid underlying fundamentals. K-Bro fits this description and flies well under the radar given their conservative nature and limited analyst coverage. Make no mistake we would not like to see this business taken away from us, the management team is excellent and the company has a steady path of growth ahead of it. Following a couple of years of labour inflation and energy price dislocation in the UK we feel the shares are undervalued and attractive on a long-term basis.
DISCLOSURE | PERSONAL | FAMILY | PORTFOLIO/FUND |
PPL TSX | Y | Y | Y |
ARX TSX | Y | Y | Y |
KBL TSX | Y | Y | Y |