Bullboard - Stock Discussion Forum Clearwater Seafoods Incorporated T.CLR

Consumer Defensive Household & Personal Products

"Clearwater Seafoods Inc is a distributor of shellfish and seafood with operations in Asia, North America, and Europe. Revenue is largely generated by the company's European branch. Clearwater Seafoods engages in the harvesting, processing, and marketing of seafood. The company obtains wild-caught seafood through its vessels located within Canada and Argentina. Products are segmented into... see more

Add To Watchlist

TSX:CLR - Post Discussion

Clearwater Seafoods Incorporated > Just the beginning (hopefully) of price jumps.

View:

Post by Nerdlinger on Oct 05, 2020 11:55am

Just the beginning (hopefully) of price jumps.

Plenty of room to run...

per undercurrentnews.com:

"It's thought bids are in the CAD 1 billion ($750 million) range, sources told Undercurrent. In 2019, Clearwater reported sales of around CAD 620m and adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) of CAD 104m, so a multiple of 10x."

225