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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. The Company owns and operates about 260 automotive dealerships, 338 franchises, and 44 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 its 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

Comment by brodanon Feb 16, 2011 9:24am
259 Views
Post# 18141940

RE: Quote from newest power point

RE: Quote from newest power pointJust wanted to clarify a couple of things.  Received messages asking me where I got the power point.  I am on the GPI mailing list and i asked management for anything recent, information wise.  Also I mentioned that there were only 40 million shares out...ooops there is 47,411,432 shares out.  The quote i put up refers to the Red Earth Play, the two wells that were just spuded is on the Wildmere property in conjunction with Amco.  So we have Amco and Penn West.  Penn West is involved with GPI on the Red Earth property, whats next?  Checking the maps I see that the Manning property is surrounded by Husky Oil...now that would be even more interesting.  This company still has a lot of work to do but its looking very promising.

Cheers
Please do your due diligence
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