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AutoCanada Inc T.ACQ

Alternate Symbol(s):  AOCIF

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 Company also arranges financing and insurance for vehicles purchased by its customers through third-party finance and insurance sources. Its segments include Canadian Operations and U.S. Operations. It operates 83 franchised dealerships, comprising of 28 brands, in eight provinces in Canada as well as a group in Illinois, United States of America. It sells Chrysler, Dodge, Jeep, Ram, FIAT, Alfa Romeo, Chevrolet, GMC, Buick, Cadillac, Ford, Infiniti, Nissan, Hyundai, Subaru, Audi, Volkswagen, Kia, Mazda, Mercedes-Benz, BMW, MINI, Volvo, Toyota, Lincoln, Acura, and Honda brands.


TSX:ACQ - Post by User

Bullboard Posts
Comment by orepasson Jan 26, 2015 6:16pm
105 Views
Post# 23365325

RE:RE:RE:Rover, I don't know about you but I rather invest

RE:RE:RE:Rover, I don't know about you but I rather investGood analysis Dividendspay... But this is on a relative basis... Yes, ACQ has now come down to a reasonable RELATIVE valuation to its peers (something I have been predicting here all along fron $90)... But there is a fly in the ointment... All these stocks are still probably overvalued by a factor of 50% because the orgy of sub-prime car loans that has fuelled car sales in the past few years is not sustainable for much longer going forward... It will end in disaster for the industry...

orepass
Bullboard Posts