
TSE:KBL
This summary was created by AI, based on 8 opinions in the last 12 months.
K-Bro Linen Inc (KBL-T) operates primarily in the laundry sector, focusing on the healthcare and hospitality industries. The company has shown resilience and stability, with long-term contracts that ensure recurring revenue streams. Recent acquisitions, particularly a significant one in the UK, are expected to enhance synergies and drive future growth. Analysts suggest that while the stock may not offer explosive growth potential, it is deemed a reliable investment due to expected EPS growth of roughly 20% this year and its strong management team. Concerns about market valuations are noted, but K-Bro's steady business model and dividend yield make it a solid choice for long-term investors.
(A top pick June 21/13. Up 7.61%.) Linen service company. They won a new 10 year contract in Saskatchewan. Nice and steady. Good income. Doesn’t expect more than 7% stock increase. Slow and steady. If the market and the economy are going to roll over, you are going to want to own it. 3.3% dividend yield.