$ACQ 2016 Q1 results are negative, but as expected, keeping my #sell recommendation:
- Same store revenue decreased by 3.1% in the first quarter of 2016
- Same store new vehicle retail revenue decreased by 6.3%
- Same store used vehicle retail revenue increased by 12.9%
4
Rob Cawthon 02:08 AM 05/06/2016
$ACQ Canada car sales are growing since 2009. January 2016 was very good year. Autocanada as the biggest dealership in the country will be the beneficiary of the process. #bullish on Autocanada
5
John O'Donoghue 03:56 PM 04/26/2016
$ACQ Revenue is expected to decline 3%, EBITDA margin to decline to 3.9% from ~4.2%, Net Debt/EBITDA is 7.9x - too fragile. #sell at this rebound
5
John O'Donoghue 11:06 AM 11/24/2015
$ACQ AutoCanada plans to get $75m equity financing to decrease debt & continue M&A. The fact that the company has to go to equity markets for what needs to be financed with debt is a negative sign #sellwww.marketwired.com/press...6831.htm
AutoCanada, Inc. retails automobiles in Canada. The Company owns and operates franchised automobile dealerships retailing American, European and Asian automobiles.