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Group 1 Automotive Inc V.GPI


Primary Symbol: GPI

Group 1 Automotive, Inc. is an international automotive retailer. The Company operates through two segments: the U.S. and the U.K. Through its dealerships and omnichannel platform, the Company sells new and used cars and light trucks; arranges related vehicle financing; sells service and insurance contracts; provides automotive maintenance and repair services; and sells vehicle parts retail and wholesale. The Company owns and operates approximately 202 automotive dealerships, 265 franchises, and 43 collision centers in the United States and the United Kingdom that offer 35 brands of automobiles. It sells retail used vehicles directly to its customers at its dealerships and via AcceleRide, and wholesale used vehicles at third party auctions. Its operations are primarily located in areas, including Texas, Massachusetts, Oklahoma, California, Georgia, New Mexico, Maine, New Jersey, New Hampshire, Florida, South Carolina, Louisiana, Kansas, New York, Alabama, Maryland, and Mississippi.


NYSE:GPI - Post by User

Bullboard Posts
Post by rollercoaster3on Mar 20, 2007 9:14am
133 Views
Post# 12449599

New stock high for GPI....

New stock high for GPI....GPI has reached a $1.05 in market this last week of trading.... The company has a lot going for it...36% owner affiliation with a revenue producing private oil company drilling oil & gas wells in Alberta....working towards a goal for a drill program for 2007....other properties on the "books".....good stock graph with market liquidity for only around 16 million shares oustanding..... Knowledgeable exploration and production associates, corporate growth and expansion, waiting on a "TSX final letter of approval" for the "change of business" to oil & gas to be completed the end of March 2007......its all there....a "diamond in the rough". I think that GPI might be looking at raising some exploration cash soon....I'm in!
Bullboard Posts