Boyd Group Services Inc T.BYD

Alternate Symbol(s): BYDGF

Consumer Cyclical Personal Services

Boyd Group Services Inc. is a Canadian company that controls the Boyd Group Inc. and its subsidiaries (Boyd). The Company's business consists of the ownership and operation of autobody/auto glass repair facilities and related services. It operates through the automotive collision repair and related services segment. Boyd is an operator of non-franchised collision repair centers in North America in terms of number of locations and sales. Boyd operates locations in Canada under the trade names Boyd Autobody & Glass and Assured Automotive, as well as in the United States under the trade name Gerber Collision & Glass. It is also a retail auto glass operator in the United States under the trade names Gerber Collision & Glass, Glass America, Auto Glass Service, Auto Glass Authority and Autoglassonly.com. In addition, Boyd operates a third-party administrator, Gerber National Claims Services (GNCS), that offers glass, emergency roadside and first notice of loss services.

TSX:BYD - Post by User

Boyd Group Services Inc

Bullboard Posts

Comment by hrgoyalon Nov 13, 2019 8:42pm

132 Views

Post# 30348133

RE:Analyst Recommendation

How do you justify 40+ P/E when the organic growth is less than 3%? All increase in revenue or EBITDA comes from new acquisitions. More shops are not improving profit margin or EPS

retiredcf wrote: Last stock in the clip. One of the interesting comments was that US investors don't understand (and therefore dislike) income trusts. With so much business in the US, it makes sense to make their upcoming shift. GLTA

https://www.bnnbloomberg.ca/video/michael-decter-s-past-picks~1827617

BOYD GROUP INCOME FUND (BYD-U:CT)

Then: $148.93

Now: $193.64

Return: 30%

Total return: 30%

PAST TOP PICK

Boyd Group Income Fund (BYD.UN-T)

November 12, 2019

(A Top Pick Apr 15/19, Up 30%) It's become a consolidator (which he prefers to a roll-up), because consolidation gives Boyd a platform for acquisitions and reduces overall costs. Boyd is a go-to to consolidate tens of thousands of auto body shops. They will expand to the U.S. as a stock, which is okay to hold in an RRSP but not a taxable account.

Michael Decter

President & CEO, Lawrence Decter Investment Counsel

Price

$193.640

Owned

Yes