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Boyd Group Services Inc T.BYD

Alternate Symbol(s):  BYDGF

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

Bullboard Posts
Comment by stitch1956on Feb 03, 2004 9:24pm
259 Views
Post# 6997376

Loewen Group.

Loewen Group.Remember, Loewen group did a hell of a lot right before they screwed up. That was the darling growth stock that everyone had to have in their portfolio. I think Boyd has the potential to become the Loewen Group for this catagory--a consolidator that uses high priced market script to purchase relatively illiquid mom and pop operations that are accretive to earnings. I guess we won't know until the statements come out, but I got the sense on the call that this would be highly accretive. The added plus here is that we get paid to hold a growth stock. If Loewen had been required to make distributions they may never have screwed up the way they did.
Bullboard Posts