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High Liner Foods Incorporated (HLF.TO)

Toronto - Toronto Real Time Price. Currency in CAD
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9.68-0.19 (-1.93%)
At close: 3:59PM EDT
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  • Y
    Yahoo Finance Insights
    HLF.TO reached a 52 Week high at 10.35
  • A
    AAP
    Up and up it goes fantastic!
  • C
    Colin
    It should be $8 soon...right where it should be, considering everyone elses debt per share is somewhat similar.
  • S
    Spin Doctor
    The financials of this company look great. I bought in about a month ago. Hoping the market comes to appreciate this company someday.
  • H
    Hold!! Hold!!
    undervalued, lets see what happens. ready to make bank
  • S
    Sabreman
    The new/old CEO was chairman when the company paid $107m to generate $6.1m of GP contribution from $50m in sales. With Sam’s Club now moving to buy direct I see future write offs. At some stage, someone has to question what kind of Board of Governance exists with this company.
  • S
    Smith
    the inevitable dividend cut. at least they are making substantial progress on cost savings and debt reduction. if they can turn around the top line the the share price will rise again
  • T
    Tony
    Management needs to be more aggressive in improving margin and cutting down the debts. Progress is kind of lagging expectations IMO.
  • C
    Chris
    Down, down, down.....
    BUY, BUY, BUY !!!
  • C
    Chris
    Interesting, share buyback 200,000 announced.
    Profitability has increased.
    Efficiency improvements.
    Debt decreasing.

    Just need to increase sales now. Think the new plan is working !
  • H
    Harvey
    In an inmterview in today's Financial Times, Stefan Descheemaeker,Nomad's CEO thinks that "...frozen food is a great industry - we have what it takes and, by the way, we can consolidate it." He has stabilized holdings in Bird's Eye and Iglo. Focus is now on M&A and building a Frozen Food Empire. Hey, Stefan, look over here!
  • L
    L
    Thoughts?
  • S
    Sabreman
    The shrimp fiasco is not behind them but yet to be financially realized. They spent $107m to buy a shrimp importer with ~ 80% of its revenues from Club stores. Sam’s has announced plans to purchase fish direct eliminating it’s importer. Shrimp is very likely next.

    High Liner’s management & Board made a huge mistake and shareholders will pay the price. The money would have been better spent buying the Clover Leaf’s canned tuna business.
  • W
    Will
    Boy this looks like a sinking ship, though I don't hold any
  • S
    Smith
    Decent quarter. debt reduction and cost savings are in place.
  • S
    Smith
    this isnt a bad company but it was already a value play at $10. the market is overreacting but this could be another gilead waiting forever for a turnaround
  • S
    Smith
    another terrible quarter.
  • J
    Jay
    Let’s see more green today !
  • P
    Phil
    This consumer staples stocks is poised for a comeback under Mr Demone
  • C
    CHRISTOPHER
    The Rubicon acquisition has been a disaster and the Company is over leveraged because of it (coupled with strained operating profitability). Q3 2018 call was disappointing. New President / CEO did not sound polished; came across as nervous. Unacceptable for a corporate professional at that level. Noted that capital allocation (ie: future dividend cut) is on the table and will be decided by the board. The market is signalling a dividend cut will likely happen (9.2% yield at current share price demonstrates that). If you're looking for yield in your portfolio, would steer clear of this name and move on. Re-visit it in 12 - 18 months.