(Editor's note: Colabor trades with limited liquidity as COLFF. Improved liquidity can be found on the Toronto Stock Exchange listing of GCL.TO.)
All $ are in Canadian Dollars
Brief Company Overview
Colabor is in food distribution industry along with the giant SYSCO Corporation (NYSE:SYY). Both companies are in the consumer defensive sector which is very stable and even so called "recession proof".
Colabor was originally formed as a cooperative between distributors that pooled their resources together to get lower pricing from manufactures and suppliers. All profits from Colabor were remitted to the members of the cooperative. In recent years Colabor has retained a portion of the profits and has used them to invest in opportunities as well as...
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