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AutoCanada Inc T.ACQ

Alternate Symbol(s):  AOCIF

AutoCanada Inc. is a Canada-based multi-location franchised automobile dealership company. It offers a diversified range of automotive products and services, including new vehicles, used vehicles, vehicle leasing, vehicle parts, vehicle maintenance and collision repair services. Its segments include Canadian Operations and U.S. Operations. It operates about 82 franchised dealerships, comprised of 28 brands, in eight provinces in Canada as well as a group in Illinois, United States. It sells Acura, Alfa Romeo, Audi, BMW, Buick, Cadillac, Chevrolet, Chrysler, Dodge, FIAT, Ford, GMC, Honda, Hyundai, Infiniti, Jeep, Kia, Lincoln, Mazda, Mercedes-Benz, MINI, Nissan, Porsche, Ram, Subaru, Toyota, Volkswagen, and Volvo branded vehicles. Its Canadian Operations segment operates three used vehicle dealerships and one used vehicle auction business supporting the Used Digital Division, 13 RightRide division locations, and 11 stand-alone collision centers within its group of 27 collision centers.


TSX:ACQ - Post by User

Bullboard Posts
Comment by OptsyEagleon Jan 25, 2012 10:45am
182 Views
Post# 19446513

RE: $7 here we go!

RE: $7 here we go!

I would imagine that it is the realization that the current earnings trend is now the baseline.  That trend sports a 6.6% yield with a payout ratio of 46% (30% payout by free cash flow).  With 1/2 of AutoCanada's dealerships Chrysler and Chrysler sporting the highest increase in car sales in Canada, I think investors are starting to notice the story here.  It took them long enough.

Bullboard Posts