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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

Post by OptsyEagleon Dec 27, 2023 10:48am
321 Views
Post# 35801114

Another Hidden Gem

Another Hidden GemEverytime you turn around you find another hidden gem with this company.   

A while back, when ACQ sold just a few of their many land holdings, that they own to house their dealerships, you could start to calculate the hundreds of millions of dollars their remaining land is actually worth.  Land holdings situated in prime locations in some of the most expensive areas of the cities they serve.  Now we find out that their online Finance and Insurance business alone, is also worth $250 million dollars.  I mean if one buys their shares today, at the current price, are they paying anything for the auto sales and repair business?  I mean what is that worth?  I think most of their profit comes from it.

This stock is so insanely undervalued.


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