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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 dpunt32on Jun 11, 2015 4:52pm
190 Views
Post# 23821972

RE:This won't end well...

RE:This won't end well...i agree 100pct, its quite frothy out there, ACQs inventory was quite bloated last quarter which will affect margins IMO, i think there was overexuberance when last Q was released and they said Q2 would be better than Q1 and everyone got excited thinking good times were back, but that is just due to seasonality and of course Q2 will be better, but lower than Q2 of last year..stock still expensive and there is alot of growth baked in to the numbers which might not transpire..also I think the Automotive Group REIT is negative for ACQ, Dilawri will have more cash to make more acquistions and as well now has low cost of capital REIT to fund the RE portion of deals...I beleive ACQ does not own its own real esate, much of the real estate if owned by Pat Priestner (Auto Group) , so if an ACQ REIT was created the benefits would not go to ACQ shareholders...also if ACQ does not announce an acquistion within next few weeks (45 days from call was timing) there could be some pressure on stock
Bullboard Posts