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| Comment | 7.100 | Michael Simpson, CFA | 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. | 2012-04-12 | |
| DON'T BUY | 8.840 | Benj Gallander | 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. | 2011-08-25 | |
| Comment | 9.900 | James Hodgins | 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. | 2011-06-27 | |
| PAST TOP PICK | 9.990 | Michael Simpson, CFA | (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. | 2009-09-17 | |
| TOP PICK | 9.500 | Michael Simpson, CFA | Quebec-based food distributor. Very stable business. Paying tax at about 31% but are still pays distributions. In a taxable account, distributions are 50% dividends and 50% is return of capital. | 2008-09-19 | |
| TOP PICK | 9.450 | Michael Simpson, CFA | Food distributor. Expanded into Ontario. Trust is fully taxable at 31%. Distributions will be 50% dividends and 50% return of capital. | 2008-08-13 | |
| BUY | 10.360 | Chris Rankin, MBA, CFA | Food distribution in Quebec province. Have reasonable business prospects. Won't be a high grower. | 2007-07-13 | |
| TOP PICK | 9.350 | Michael Simpson, CFA | Food service distributor in Quebec to universities, hospitals, restaurants, independent grocery stores, etc. Recently made an acquisition of Summit Foods. This gives them a good platform into Ontario. Good defensive holding. | 2007-03-20 |
