Bullboard - Stock Discussion Forum AutoCanada Inc AOCIF

Primary Symbol: T.ACQ

Consumer Cyclical Auto & Truck Dealerships

AutoCanada Inc. is a Canada-based multi-location franchised automobile dealership company. The Company offers a diversified range of automotive products and services, including new vehicles, used vehicles, vehicle leasing, vehicle parts, vehicle maintenance and collision repair services, extended service contracts, vehicle protection products, after-market products and auction services. The... see more

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Bullboard (TSX:ACQ)

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Post by OptsyEagleon Jul 14, 2023 6:18pm

RE:RE:RE:RE:ACQ has $255 of Revenue per share

Interesting conversation. Thanks. I agree it would be nice to start seeing some dividends but I suspect the bean counters at ACQ figure that the dividends could be a lot higher if they ...more

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Comment by Amt576aon Jul 14, 2023 3:33pm

RE:RE:RE:RE:ACQ has $255 of Revenue per share

The difference now between 5 to 7 years ago is that almost every existing dealership group is in acquisition mode. Half a dozen with more money and resources than ACQ. ACQ is simply the only publicly ...more

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Discussion

Post by OptsyEagleon Jul 14, 2023 11:35am

RE:RE:RE:ACQ has $255 of Revenue per share

Can't comment too much on that opinion except that GM initially would not allow public ownership of its dealerships in Canada but eventually agreed to it, since its competitors were doing it and ...more

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Comment by Amt576aon Jul 14, 2023 1:30am

RE:RE:RE:ACQ has $255 of Revenue per share

Because the heads of each automaker saw the mess public ownership brought to the US dealership landscape and, unable to reverse it, made sure it wouldn't happen again in North America. The only ...more

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Discussion

Comment by wkrpradioon Jul 13, 2023 6:10pm

RE:RE:ACQ has $255 of Revenue per share

Because most people in Canada are socialists and don't own shares.

Discussion

Post by OptsyEagleon Jul 12, 2023 11:41am

Awesome Auto Sales

I guess investors finally noticed that auto sales have moved back up to the high of covid sales. The 2nd quarter was incredible. Those are new car sales, so I doubt the margins are ...more

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Comment by Amt576aon May 23, 2023 9:28pm

RE:ACQ has $255 of Revenue per share

How many Canadian dealerships are currently owned by US groups? Ever wonder why?

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Discussion

Comment by sunshine7on May 23, 2023 11:26am

RE:CEO bought $1.5 million in ACQ stock

I was thinking the increase in volume traded was due to company repurchase but this is even better! Low liquidity is a problem with ACQ and highly influenced buy buying interest. Good opportunity to ...more

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Discussion

Post by OptsyEagleon May 21, 2023 9:24am

CEO bought $1.5 million in ACQ stock

Paul Antony bought 100,000 shares of ACQ in the open market, last Tuesday. https://www.canadianinsider.com/node/7?menu_tickersearch=ACQ+%7C+AutoCanada

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Post by OptsyEagleon May 18, 2023 12:32pm

ACQ has $255 of Revenue per share

You would have to think that an Autonation or Lithia Motors or Group 1 would be looking closely at this company with some opportunistic eyes. They could buy $6 Billion of annual revenue ...more

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Discussion

Post by Possibleidiot01on May 05, 2023 4:11pm

Analysts -wide range of opinions

AutoCanada (TSE:ACQ) had its price target lowered by analysts at National Bankshares, Inc. from C$26.00 to C$18.00. They now have a "sector perform" rating on the stock. This represents a 12 ...more

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Post by OptsyEagleon May 05, 2023 12:23pm

Stock Price

So with a stock price currently about $16 per share and ACQ earning around $8 per share of free cash flow, annually ($2 in the last quarter x 4), it should not be hard to see that if anyone or any ...more

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Post by OptsyEagleon May 05, 2023 11:17am

Q1 2023

So it looks like the auto market is transitioning back to a more normal market. As our poster below indicated ACQ did have some inventory issues. Not as dire as he put it but still ...more

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