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Bullboard - Stock Discussion Forum Armada Data Corp V.ARD

Armada Data Corporation is a Canada-based information and marketing services company. The Company is engaged in providing real-time data to institutional and retail customers, through developing, owning and operating automotive pricing-related Web sites and providing information technology and marketing services to its clients. The Company’s segments include Insurance Services, CarCostCanada... see more

TSXV:ARD - Post Discussion

Armada Data Corp > Does Armada have a plan for the way of the future?
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Post by ranman on Jun 03, 2022 7:33am

Does Armada have a plan for the way of the future?

I hope so, for the remaining ARD longs.

Ford CEO wants EV sales to be ‘100%’ online (yahoo.com)

In a speech today at an IBM conference, Farley described a future where Ford dealerships would no longer stock inventory but serve as customer service centers for picking up online orders or repairing existing vehicles — with buyers also having the option for home delivery. 

In this hypothetical scheme, eliminating car dealerships would put an end to haggling with salespeople.
Comment by Roddiggiti on Sep 11, 2022 10:17am
I don't understand why management keeps Armada public, offer 8 cents a share for ARD stock and take it private. As per the last info circular and including Daniela, they own over 50% of the float. So you make a numbered company, put $1.5 million into it and then offer to buy Armada. Then you get half of that money back and your actual cost is much lower. But then you save $100k a year in ...more  
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