RE:RE:RE:Could You Not See This ComingI agree with you Optsty.
Some other conflicts.
1. Whitby Oshawa Honda
2. AC GM’s owning private dealerships and poaching AC staff to run them
3. COAG use of ACQ legal and accounting and best practice
4. Pat related co’s Owning the land
5. AC team going over to COAG and vice versa
markets love rollups but historically when no scale delivered they simply erode margin and get bloat. This sums up imo ACQ ops.
Im admittedly short in my position, but the longs have won here before. I’ve both won and lost with this one going back to when it was an income trust. Mostly lost lol.
In ‘08 / ‘09 when AC lost its wholesale lines (DCF went bust), who financed the cars? I agree, conflict and messy untangling of a founder and his co, but without PP there would be no ACQ, and I done mean this in an existential context.