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Bullboard - Stock Discussion Forum Colabor Group Inc COLFF


Primary Symbol: T.GCL

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... see more

TSX:GCL - Post Discussion

Colabor Group Inc > Debentures redeemed
View:
Post by oldinvestor64 on Feb 19, 2021 10:02am

Debentures redeemed

This is hugely positive news.
Refinancing at a much lower rate.
Once Covid subsides, revenues will stabilize and margins will improve.
The turn around is finally showing signs hat it will work.
Comment by nkbourbaki on Feb 19, 2021 11:03pm
Agreed - very positive development.
Comment by bucheroncapital on Feb 23, 2021 8:58am
It shows the company has turned around as far as debt level is concern and it's now in position to secure money at a decent rate! The operational turn around is also well into the marking execution is good, very positive for the next few years !
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