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Sunday, February 27, 2011

SP Brunner review of K-Bro Linen Inc. (KBL)

SP Brunner of Investment Talk with SPBrunner blog reviews recently a company that I find very interesting: K-Bro Linen Inc. (KBL). I recommend you to read SP Brunner 2 posts about K-Bro Linen Inc. (KBL) here and here. SP Brunner never made stock recommendation – very good isn’t – but I like her stock reviews. Try to find on the Web a blog like the one of SP Brunner. You can stop right here, because you won’t find too many of them. She’s almost one of the only blogger out there doing something that I would like to be able to do myself: analyze stock. SP Brunner once gave a bad review of my favourite company: Just Energy Group Inc. (JE). I understood her view of Just Energy, but I don’t share it.

Despite SP Brunner bad review of Just Energy Group Inc. (JE), well, I have to say, we have a blogger who knows what she’s talking about. Someone like SP Brunner should be writing for specialize financial Web site or newspaper or something like it. She’s much more than a simple blogger.

Ok, after the flowers... The reason why I am writing about K-Bro Linen Inc. (KBL) is because I find KBL could be a nice fit to my portfolio. I recently invested in more than 400 units of Sprott Physical Silver Trust UTS (PHS.U) at 14.88$. It was a pretty good purchase, usual stuff you know lol... Currently, PHS.U is exceeding the 15$ per unit... Nice stuff, but PHS.U can hit the 15.50$, if not the 16$ per unit very soon. I had buy and sell some PHS.U units since November 2010. I know that the physical silver of Eric Sprott is very strong and it has the potential to help me recover from a 200$ (more or less) lost in Superior Plus Corp. (SPB).

So here’s the plan: once my big profit will be made out of the sell of my Sprott Physical Silver Trust UTS (PHS.U) units, I will invest in at least 100 stocks of K-Bro Linen Inc. (KBL). Good plan isn’t? I just cannot wait to sell my PHS.U units. I am looking forward for a 526.40$ profit.

5 comments:

pattirose said...

I love her blog also, I read it every day, she is one clever lady!! Did you see her post about McCoy the other day? I bought some of that.

Tommorrow morning I am going to buy some DNI, just a little, lol! You mentioned in your original post about DNI that you were only looking for $$ to buy a summer dress and some shoes, I want a new leather sofa, hopefully I won't have to wait too long.

My Own Advisor said...

Susan does a good job of reviewing stocks. I enjoy her articles.

By the way Sunny, I saw your comment on my blog. Thanks for stopping by! When I said Fortis was dull and boring, I meant it sarcastically. I love Fortis and glad I was able to finally start my DRIP and SPP with it :)

Keep up your dividend journey!

My Own Advisor

The Dividend Ninja said...

Sunny,

I think K-Bro Linen is a good pick, I've been watching them for about 3 months or so. They recently obtained the contract for Vancouver Coastal Health, after the Linen Services there were privatized. KDL has a long term contract with VCH, so not much competition - unless a new B.C. government renegs on the contract (which is unlikely). A good yield and low debt, so a good pick :)

The Dividend Ninja said...

Sunny, that should be KBL and not KDL as I wrote ;) Cheers!

Sunny said...

Hi Pattirose,

Brunner blog is a great resource for investors. I need to read her more. I didn't read about McCoy but I am going to later on tonight.

DNI title had lost near 8% value just today.. That stock goes up and down without any reason. Be careful, don't invest too much in it. A new leather sofa? You could get your sofa very quickly if you invest in PHS.U... Just my opinion.

Sorry for the bad comment My Own Advisor, I shouldn't post what I post. Just these days, its seem for me like the Maritime provinces are getting hurt. See those Quebeckers are against our plan for hydro, to get it by the sea. Charest raise his voice against a federal help. And now, the way I read your post is like Fortis was for you a boring company. Not again someone who try to push the Maritime down... I guess all of it harass me in some strange way.

Hi Dividend Ninja,

I just invest in 100 stocks of KBL. It's a nice fit for my portfolio. I am going like it.

 

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