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News Focus
Silver North Intersects 1.83 metres True Width of 1,088 g/t Silver, 3.90 g/t Gold (click to learn more)
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Bullboard - Stock Discussion Forum AutoCanada Inc T.ACQ

Alternate Symbol(s):  AOCIF

Consumer Cyclical Auto & Truck Dealerships
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... see more

TSX:ACQ - Post Discussion

AutoCanada Inc > John O'Connell on BNN
View:
Post by Possibleidiot01 on Sep 23, 2020 1:41pm

John O'Connell on BNN

I have never been able to convince myself to buy any . low margin business.


AutoCanada Inc. (ACQ-T)
September 23, 2020
 
A long drive ahead of it. Not the best brands in their dealership package. Overextended, so it's having a garage sale. Exposed to the west, which is struggling. Canadian consumer is one of the most indebted in the OECD. Economic cycle is still questionable. An alternative is APR.UN, with about an 8% yield. They own the dealership buildings and property and lease them. Attractive proposition.
specialty stores
John O'Connell, CFA

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Price
$0.000
Owned
Unknown , if he owns any
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AutoCanada Inc