HIGH LINER FOODS (HLF) Stocks

ABOUT HIGH LINER FOODS

High Liner Foods Inc. is a Canadian processor and marketer of frozen seafood. The company’s retail branded products are sold throughout the United States, Canada, and Mexico and are available in most grocery and club stores.

The company also sells branded items and is a supplier of frozen seafood products to food retailers and food service distributors. It headquarters in Lunenburg, Nova Scotia with approximately 1 223 employees.

It started in 1899 as W.C. Smith & Company, it was originally a salt fish operation. Five brothers, Captain Benjamin Conrad Smith, Captain George Abraham Smith, Captain William Charles Smith, James Leander Smith, and Lewis H. Smith founded it.

In 1926, Lunenburg Sea Products Ltd. formed, after changing into fresh fish and cold storage. The High Liner brand started, and in 1938, W.C. Smith & Company and Lunenburg Sea Products Limited merged. In 1945, the name changed to National Sea Products Ltd.

The company name changed to High Liner Foods Inc. in 1998. Up to 2017, the company bought various companies and sold others.

Today, it is North America’s largest marketer of frozen, value-added, seafood products.

OVERVIEW OF HIGH LINER FOODS

• High Liner Foods Inc. is a Canada-based company, engaged in the processing and marketing of frozen seafood products.
• The company produces a range of products from breaded and battered items to seafood entrees, which sells to North American food retailers and foodservice distributors. It operates through Canadian and U.S. operations and offers its products under Foodservice and Retail brand.
• The retail channel includes grocery and club stores and its products sell the High Liner, Sea Cuisine, Mirabel, Fisher Boy, and C. Wirthy & Co. labels. The foodservice channel includes sales of seafood that sells through distributors to restaurants and institutions.
• It owns and operates three food-processing plants in Nova Scotia, New Hampshire and Virginia.

VISION & VALUES OF HIGH LINER FOODS

• High Liner Foods Inc. is dedicated to simplifying the process of selecting, preparing and enjoying fish and seafood.
• The company is a global leader in driving best practice improvements in wild fisheries and aquaculture. Its portfolio of trusted brands is shaped by consumer insights and complemented by an unwavering dedication to provide excellent service and consistently superior customer satisfaction.
• The company and its employees are customer-focused, innovative and responsible, which reflects its values. In a highly competitive industry, it operates with integrity and respect the environment.
• It is committed to sustainability in all of its operations. Shareholders who purchase company shares can rest assured of superior value.

MARKET PERFORMANCE OF HIGH LINER FOODS

• High Liner Foods Inc. trades on Toronto Stock Securities Exchange (TSX) and lists under the stock symbol HLF. The company forms part of the TSX 500.

• The company reports that consolidated sales volume for the third quarter of 2019 decreases by 4.0 million pounds, or 6.2%, to 60.2 million pounds due to lower sales volumes in its retail and foodservice businesses.

• Adjusted EBITDA increases by US Dollar 2.3 million, or 16.2%, to US Dollar 16.5 million. Net income decreases by US Dollar 6.9 million, or 153.0%, to a net loss of US Dollar 2.4 million (US Dollar 0.07 loss per diluted share).

• The board revises the quarterly dividend to CADUS Dollar 0.05 per common share from CADUS Dollar 0.145.

Buy HIGH LINER FOODS stocks / shares – A Step by Step Guide how to Buy / Purchase HIGH LINER FOODS Stocks or Shares online.

Before buying any stock or share one has to consider a few factors.

STEP 1: PROPER RESEARCH IS ESSENTIAL

Upon deciding you want to buy HIGH LINER FOODS Stocks / Shares, it is critical for the serious investor to do proper research into the said company. Its values should align with those of the investor’s current portfolio. An investor needs to familiarise himself with the basics and history of the company, as well as its leadership and performance in the market. Its company reports should also be scrutinized.

Consultation with a brokerage firm can also assist in determining whether investing in a specific company will complement the investor’s current portfolio. The investment “risk ladder”, which identifies asset classes based on their relative riskiness, is another useful tool when determining which company’s stock / share is the best to buy.

STEP 2: CALCULATE THE AMOUNT OF INVESTMENT IN HIGH LINER FOODS STOCKS / SHARES

It is important for an investor to monitor his total investment in stock in order to keep his portfolio aligned to his investment strategy. The overall value of his holdings will change with the fluctuation in stock prices, which can throw his portfolio off balance. To determine the amount to invest, multiply the number of shares of each stock by its current market price to determine the total investment in that specific stock. For example, if you own 100 shares of a US Dollar 5 stock, multiply 100 by US Dollar 5 to get US Dollar 500.

STEP 3: DECIDE ON THE STOCK / SHARE ORDER TYPE

Investors can choose from a market order, a limit order, a stop order (also referred to as a stop-loss order) or a buy/sell stop order. It is important to familiarise yourself with each type’s pros and cons before deciding which one will suit your current stock profile best. An investor should be guided in this choice by his investment objective.

STEP 4: OPEN A BROKERAGE ACCOUNT

A brokerage account – also known as taxable investment account – is similar to a retirement account, but more flexible. Where a retirement account has limitations on the amount of money that can be contributed annually, and restrictions on when funds can be withdrawn, a brokerage account is more flexible. The latter has no income or contribution limit and the investor can withdraw his money at any given time. This flexibility, together with its potential investment gains, makes a brokerage account more attractive to serious investors. Brokerage accounts are ideal for goals or savings that are further than five years away, but closer than retirement. It can also supplement an investor’s emergency savings.

STEP 5: COMMIT AND PURCHASE HIGH LINER FOODS STOCKS / SHARES

Lastly, commit to the stock. Pro Tip: Monitor the value of your stock to ensure you have a growing stock value and dividend pay-out.  Regularly check the share price online to ensure your investment delivers a positive return on investment. You are now a proud owner of HIGH LINER FOODS stocks / shares.

5 Questions to ask yourself before purchasing any stocks or shares.

1. Is it the best time to buy this stock / share?
2. Should I buy HIGH LINER FOODS stocks / shares in the current economic climate?
3. Can I afford to buy this stock / share?
4. What is the forecast of the stock / share growth?
5. What is the current price per earning ration on the stock / share?