Goodfood Market Corp. (FOOD-T) Stock Predictions - Stockchase
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Goodfood Market Corp. (FOOD-T)

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food processing

Goodfood Market Corp.

FOOD-T

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Goodfood Market Corp. (FOOD-T) SAVE Mar, 18, 2019, 2:23 pm

3.42 0.01 (0.29%)

About Goodfood Market Corp. (FOOD-T)

Goodfood Market Corp. is a Canadian public meal kit company based in Montreal, Quebec. It had 61,000 subscribers as of February 28th, 2018, an estimated 30 to 40% of the meal kit market. It is listed on the Toronto Stock Exchange. More at Wikipedia

What the experts are saying about FOOD-T



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BUY
Third largest holding. They have a 45% market share. They deliver proportioned meals to your door. There is zero wastage. It reduces your carbon footprint. All the packaging is recyclable. Margins are much healthier. They are growing quickly and the stocks is reasonably priced.
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Third largest holding. They have a 45% market share. They deliver proportioned meals to your door. There is zero wastage. It reduces your carbon footprint. All the packaging is recyclable. Margins are much healthier. They are growing quickly and the stocks is reasonably priced.
food processing
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Stephen Takacsy

Chief Inve, Lester Asset Managem...

Price Price
$3.500
Owned Owned
Yes

STRONG BUY
It is one of Canada's leading meal kit companies. Last quarter they came in ahead of top line revenue growth. They improved gross margins, better than the grocery industry. There is no wastage of food. This morning's subscriber numbers blew him out of the water. He is really, really happy. Someone might make an offer for them.
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It is one of Canada's leading meal kit companies. Last quarter they came in ahead of top line revenue growth. They improved gross margins, better than the grocery industry. There is no wastage of food. This morning's subscriber numbers blew him out of the water. He is really, really happy. Someone might make an offer for them.
food processing
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Stephen Takacsy

Chief Inve, Lester Asset Managem...

Price Price
$2.980
Owned Owned
Yes

PAST TOP PICK
Goodfood Market Corp.(FOOD-T) 

September 24, 2018

(A Top Pick Sep 25/17, Up 6%)  It is the largest such company in Canada.  It has tripled its subscriber base recently.  They are in Eastern AND Western Canada.  They are a disruptor.  There is no inventory or wastage as people order exactly what they need.  It goes straight from the distribution center to your door.  He thinks this will make a very attractive target for a Canadian grocer.

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(A Top Pick Sep 25/17, Up 6%)  It is the largest such company in Canada.  It has tripled its subscriber base recently.  They are in Eastern AND Western Canada.  They are a disruptor.  There is no inventory or wastage as people order exactly what they need.  It goes straight from the distribution center to your door.  He thinks this will make a very attractive target for a Canadian grocer.

food processing
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Stephen Takacsy

Chief Inve, Lester Asset Managem...

Price Price
$2.640
Owned Owned
Yes

BUY

A core holding for him.  He participated in the new issue.  They have market share estimated at 40%.  A very well managed company.  They have much higher customer loyalty and lower customer turn than others.  They are managing their costs.  They are spending a lot in marketing.  They are investing in the growth of the business to get greater market share.  It is cooking for dummies.  He thinks they will do very well and could get acquired by a big grocery chain.

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A core holding for him.  He participated in the new issue.  They have market share estimated at 40%.  A very well managed company.  They have much higher customer loyalty and lower customer turn than others.  They are managing their costs.  They are spending a lot in marketing.  They are investing in the growth of the business to get greater market share.  It is cooking for dummies.  He thinks they will do very well and could get acquired by a big grocery chain.

food processing
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Stephen Takacsy

Chief Inve, Lester Asset Managem...

Price Price
$2.500
Owned Owned
Yes

BUY

They are a meal kit company delivered to the home.  Their penetration is incredible.  The service is very big in Europe.  They are focused on growth but focused on the bottom line also.  He thinks the trend is here to stay.  They could become an interesting acquisition target.

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They are a meal kit company delivered to the home.  Their penetration is incredible.  The service is very big in Europe.  They are focused on growth but focused on the bottom line also.  He thinks the trend is here to stay.  They could become an interesting acquisition target.

food processing
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Stephen Takacsy

Chief Inve, Lester Asset Managem...

Price Price
$3.010
Owned Owned
Unknown

COMMENT

This is in the new, emerging "meal kit" business. The concept is interesting. As people's lives get busier and they don't want to order in every night, this concept is gaining steam. There are a number of upstart companies in the US that have been growing very rapidly. This company has done a great job of growing their subscriber base and revenues, and is a very interesting company to watch. However, it is early stage and not making a lot of money. You have to look at this as a 3-4 year investment. He is watching and monitoring this with interest.

food processing
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This is in the new, emerging "meal kit" business. The concept is interesting. As people's lives get busier and they don't want to order in every night, this concept is gaining steam. There are a number of upstart companies in the US that have been growing very rapidly. This company has done a great job of growing their subscriber base and revenues, and is a very interesting company to watch. However, it is early stage and not making a lot of money. You have to look at this as a 3-4 year investment. He is watching and monitoring this with interest.

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Colin Stewart

CEO & Port, JC Clark Investments...

Price Price
$2.840
Owned Owned
No

STRONG BUY
Goodfood Market Corp.(FOOD-T) 

December 11, 2017

He has been accumulating stock and really likes the company.  Canada has a long way to go to catch up to Europe and the US.  They just moved into a new Montreal facility.  They are moving out west next year.  If you get in now you should make a lot of money.  It is a great subscription model.

food processing
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He has been accumulating stock and really likes the company.  Canada has a long way to go to catch up to Europe and the US.  They just moved into a new Montreal facility.  They are moving out west next year.  If you get in now you should make a lot of money.  It is a great subscription model.

food processing
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Stephen Takacsy

Chief Inve, Lester Asset Managem...

Price Price
$2.110
Owned Owned
Yes

TOP PICK
Goodfood Market Corp.(FOOD-T) 

September 25, 2017

They have about 40% of the market.  They disclosed there are up to 31k subscribers.  They just went public in June.  They are full of cash and now increasing their distribution facility in Montreal 10 fold.  They will open a facility out west next year.  It would make sense for a large grocer to acquire this one to get into the business of direct delivery to the home.  They have great management.  (Analysts’ target: $2.63).

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They have about 40% of the market.  They disclosed there are up to 31k subscribers.  They just went public in June.  They are full of cash and now increasing their distribution facility in Montreal 10 fold.  They will open a facility out west next year.  It would make sense for a large grocer to acquire this one to get into the business of direct delivery to the home.  They have great management.  (Analysts’ target: $2.63).

food processing
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Stephen Takacsy

Chief Inve, Lester Asset Managem...

Price Price
$2.480
Owned Owned
Yes

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