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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 over 83 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 HamRoveJron Nov 11, 2015 9:31pm
50 Views
Post# 24283336

RE:Brilliant move by management!! They are using

RE:Brilliant move by management!! They are usingYou do realize during recessions alot of dealers go broke right?  And you act like every acquistions should add what they payed times 2 to the market cap when they are taking on more debt?  Alberta is going to fall into a levereged tar hole and Ontaio's housing market is going to collapse resulting in people having falling equity shares in their homes...way to pick the top of the markets in respective provinces. 
Bullboard Posts