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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 orepasson Feb 22, 2015 9:42am
123 Views
Post# 23452288

RE:RE:RE:RE:RE:Another bad week for the ACQ Shorts

RE:RE:RE:RE:RE:Another bad week for the ACQ ShortsDon't worry hajduk, Rover googles everything because he can't come up with anything that makes sense on any subject on his own... All he can do on ACQ is parrot the ticker tape action because he has no clue why the stock is going up or down... This stock is as volatile as a penny stock which is not an indication of fundamental strength for a $1.2 billion mkt cap company... Management is giving confusing signals about the future strategy... Car sales in Canada will not show Y/Y growth in 2015, Western Canada will likely see a decline... All these 5 year rosy growth forecasts for ACQ are way too optimistic... The consensus EPS of $0.60 for Q4/14 is at least 10% too high according to my own estimate... Remeber, I have been right to the penny for each of the past three Qs (my estimates have always been posted here prior to the company reporting)... When people realize that, the stock will fall again... The current rally will soon fizzle and the downtrend will resume imo...

orepass
Bullboard Posts