Colabor Group Inc. | StockChase
19
Colabor Group Inc. (GCL-T)

Last Price Recorded: $0.7500 on 2017-11-20

ON STOCKCHASE SINCE Mar 2007

wholesale distributors

Colabor Group Inc.


Signal Opinion Expert

2017-11-16

PAST TOP PICK
Colabor Group Inc. (GCL-T)

(A Past Top Pick Dec 2/16, Down 45%)  It was a turnaround that checked all the boxes.  It started off okay but the wheels have fallen off.  A vice chair has invested a lot of money and this gives him hope.  Q3 of this year was supposed to have been the bottom.  If they turn it around the stock could triple.

wholesale distributors
Fabrice Taylor

Publisher, The President's Club Newsletter

Price: $0.760
Owned: Yes

2017-10-05

BUY
Colabor Group Inc. (GCL-T)

A Top Pick in December and August. Did well at first and then had a couple of bad quarters and they lost a contract. The insiders keep buying it, so he is still Long and has high hopes for it. Hoping that when earnings come out in about 2 weeks, there will be a positive surprise.

wholesale distributors
Fabrice Taylor

Publisher, The President's Club Newsletter

Price: $0.920
Owned: Yes

2017-08-21

TOP PICK
Colabor Group Inc. (GCL-T)

It is a turnaround story.  We had three good quarters and then three bad quarters.  The insiders keep buying a LOT of stock.  (Analysts’ target: $1.20).

wholesale distributors
Fabrice Taylor

Publisher, The President's Club Newsletter

Price: $0.950
Owned: Yes

2017-04-03

WEAK BUY
Colabor Group Inc. (GCL-T)

They were having major financial difficulties and then went through a reorganization.  It is a low margin business with lots of competition.

wholesale distributors
Benj Gallander

President, Contra the Heard Investment Letter

Price: $1.190
Owned: Unknown

2017-03-27

WATCH
Colabor Group Inc. (GCL-T)

A distributer to restaurants.  They ran into some debt trouble and cut their dividend.  Now we are back in recovery mode.  As they pay down their debt investors will become more interested.  He is still a little skeptical and would like to see a couple more quarters.  He is concerned about a lack of revenue growth.

wholesale distributors
Peter Hodson

CEO & Head of Research, 5i Research Inc.

Price: $1.150
Owned: Unknown

2017-02-16

BUY
Colabor Group Inc. (GCL-T)

A food distributor in Quebec/Ontario.  He bought more on a dip.  It used to be higher.  They took on a lot of debt and they recapitalized with a rights issue.  An investor put $5.5 Million into it and joined the board.  If you hold it for 2-3 years you will see a $4 stock price.  It is a conviction buy.

wholesale distributors
Fabrice Taylor

Publisher, The President's Club Newsletter

Price: $1.340
Owned: Yes

2016-12-02

TOP PICK
Colabor Group Inc. (GCL-T)

This is a food distributor, and is a turnaround idea. In a turnaround, there are a few things he likes to see. 1.) It should be a really simple business, because he doesn’t want some tech company that could be supplanted by something else. The company distributes food to restaurants and grocers, very simple and easy to understand. 2.) He also likes a long history, because then you could look at past financials and figure out where it might go. The stock price used to be much higher, $12, and now $1. 3.) 3.) Signs of improvement. Their business got hurt because they acquired debts, bought businesses, and didn’t pay attention to their margins which got crushed. We have now seen 2 quarters of improving margins. There has been a rights issue to fix the balance sheet to pay off some debt. They brought in an insider, someone with an impeccable 25-year track record in that business, which put $5.5 million of his own money into the rights issue. (Analysts’ price target is $0.95.)

wholesale distributors
Fabrice Taylor

Publisher, The President's Club Newsletter

Price: $1.380
Owned: Yes

2015-03-18

SELL
Colabor Group Inc. (GCL-T)

This is a matter of a company that has been poorly managed. Cash flows that are being generated are just not enough for the obligations that it has. What makes it even tougher is that there are competitors in that same grocery distribution space that are literally eating their lunch.

wholesale distributors
Mohsin Bashir

VP Investments, Stone Asset Management

Price: $1.020
Owned: No

2014-07-29

DON'T BUY
Colabor Group Inc. (GCL-T)

(Market Call Minute.) Cut their dividend. There are lots of margin pressures as costs are going up. In the restaurant service business. No need to own it.

wholesale distributors
Peter Hodson

CEO & Head of Research, 5i Research Inc.

Price: $3.850
Owned: No

2013-11-05

TOP PICK
Colabor Group Inc. (GCL-T)

Food distribution business.  Restaurants and convenience stores.  A bit of a turnaround story.  5.1% yield and generates a huge amount of free cash flow that is being used to de-lever the balance sheet.  Might be a target down the road.  Believes dividend is now safe.

wholesale distributors
Colin Stewart

CEO & Portfolio manager, JC Clark Investments Ltd.

Price: $5.000
Owned: Yes

2013-04-04

HOLD
Colabor Group Inc. (GCL-T)

Provides services and products to the fast food industry so your fortunes will rise and fall with the industry. Cut their dividend about a year ago. That took a lot of glow off the stock. Thinks the worst is over. You may have to wait a couple of years until it gets back to $10 but the dividend, at the new level is more secure.

wholesale distributors
Peter Hodson

CEO & Head of Research, 5i Research Inc.

Price: $7.450
Owned: No

2012-04-12

COMMENT
Colabor Group Inc. (GCL-T)
Food distributor with roots in Québec. Recently got a new CEO and he will be meeting him to find out his strategy regarding Western Canada where they have some customers. Food distribution is a low-margin business.
wholesale distributors
Michael Simpson, CFA

Senior Vice-President, Sentry Investments

Price: $7.100
Owned: No

2011-08-25

DON'T BUY
Colabor Group Inc. (GCL-T)
Food distribution in Quebec. It does not fit his criteria. Have not been listed long enough for him. It has not dropped all that much so there is not enough upside for him to like it. He can see why people might like it if they use different systems.
wholesale distributors
Benj Gallander

President, Contra the Heard Investment Letter

Price: $8.840
Owned: Unknown

2011-06-27

COMMENT
Colabor Group Inc. (GCL-T)
Wholesale food services. Have a good business, but the change factor is negative. Missed a couple of quarters quite badly. A lot of uncertainty 2 to 3 years out. Over 11% yield. He is short the stock.
wholesale distributors
James Hodgins

Chief Investment Officer, Curvature Hedge Strategies

Price: $9.900
Owned: Yes

2009-09-17

PAST TOP PICK
Colabor Group Inc. (GCL-T)
(A Top Pick Sept 19/08. Up 17.27%.) Very strong food distributor in Quebec and expanding into Ontario. Converted to a Corp. but still maintain the dividend.
wholesale distributors
Michael Simpson, CFA

Senior Vice-President, Sentry Investments

Price: $9.990
Owned: Yes

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