AutoCanada Inc T.ACQ

Alternate Symbol(s): AOCIF

Consumer Cyclical Auto & Truck Dealerships

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.

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AutoCanada Inc

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Post by uchuckon Jun 28, 2014 1:18pm

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Post# 22703084

Note to rtired

Thanks for your respectful comments/observations. Article in The Globe Bizz. Mag has a feature article on ACQ (pp.68,69) July/Aug. edition. Artilcle says CEO planning on buying some 20 more dealerships in 2014, 2015. They now have over 30 in their stable. That's a 66% increase, ka-ching, ka-ching. Implies a $126 stock. Ah.. .wait a minute here..."growth" stocks can "hit a wall," suffer from "price exhaustion." Growing Revenue" stocks like Dollarama and Badger Daylighting "just ran out of gas." I'm hoping for a $100, $110 stock here by end 2014, then, maybe, "head for the exit door." You never want to hang around to grab the last $5 upside-may never happen.

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