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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 > Stock Buybacks...
View:
Post by sunshine7 on Jun 09, 2022 10:15am

Stock Buybacks...

ACQ has been buying back significant shares during past 2 months. They must feel they are under-values... as do I.
Comment by OptsyEagle on Jun 12, 2022 7:21pm
Can't blame them.  Earning over $4 per share and trading at $25 per share.   Seriously?  They would have a boat load of pre-orders on the books, as we speak, just waiting for delivery.   How nice is that?  Not to mention all the repair business coming in from people delaying the purchase of a new vehicle.  For most people there is no such thing as NOT ...more  
Comment by OptsyEagle on Jun 28, 2022 9:06am
I was just about to post that I thought it was time for a big Dutch Offer to commence from AutoCanada.  I mean ACQ keeps looking for more dealer acquisitions but I cannot imagine many offer much better investment merits with less risk then just buying their own shares at these current prices.   I have no idea what is wrong with investors selling ACQ stock at below $40 but it has ...more  
AutoCanada Inc