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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
Post by TheTwiton Mar 18, 2019 5:19pm
223 Views
Post# 29502876

Go Forward Plan ....

Go Forward Plan .... Disclaimer : have been both short and long here, currently short.

The earnings conference call transcript?  Like McDonald’s, I’m loving it!

anyone else sense that they’re a little thin on results and flush with forecasts?

how many times lol did they use the phrase “go forward plan”?   Doesn’t matter how much you believe in it if it doesn’t deliver, it’s a dud.   

Come on people, we all know that ROLL-UPS.DONT.DELIVER.   The market loves them, as they seem intuitive .... but they drift, and all fail, ultimately being sold off piece-meal. 

Any of the longs remember the 15MM in savings due to “operational efficiencies, used car operations, and expense reductions” spoken about during the Orysiuk term? This plan sounds exactly like that, with a new name only. How well did that work out for them?  everything old is new again lol.  

Day 1 executive training / orientation at ACQ must = “use the word “accretive” at least once a paragraph, and tell everyone that we are going to sell more used cars, and ... keep your resume clean and brushed up, you’ll need it in 18 mos”.

cant trust their forecasting, what was the forecast error last quarter?

I think that they only forecast that will come out of acq is on this board, specifically how long will it take for the executive to get shuffled again??

ill bet 3 months. anyone want to take that action? share price when it happens is the big. 


Bullboard Posts