Bullboard - Stock Discussion Forum High Liner Foods Inc HLNFF

Primary Symbol: T.HLF

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... see more

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High Liner Foods Inc > Stephen Takacsy - BNN - PAST TOP PICK

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Post by Possibleidiot01 on Mar 28, 2024 3:26pm

Stephen Takacsy - BNN - PAST TOP PICK

PAST TOP PICK

(A Top Pick Mar 27/23, Down 7%)

#1 supplier to retail channel in Canada, and #1 in US to food services. Sells under own name and private label. Seafood consumption low in NA, huge potential for growth. Revenue growth stalled with consumers cutting back on higher-priced items. In rally mode again. Huge free cashflow, buying back lots of shares, increased divvie by 30%, paying down debt. Dirt cheap at 8x PE. Insiders own 40%. Feels it will be sold down the road.

Consumer Products

$13.540