Q: General comment on ACQ.With all due respect to your positive opinion,I have 3 issues.Recently,it did a equity financing of 2.565m shares @ $78.,but its owner,CAG sold 2.5985m shs @ $78.If CAG did NOT sell,it may not have to do the financing.Why did CAG sell,even though it still owns 9.6% after sale.2)Reportedly,auto sales is @ a record level with easy & cheap financing.A source pointed out this could be a "auto bubble" similiar to "sub prime"3)What will be the effect once interest rate starts to climmb?Yellen indicated that bank rate will not increase until mid 2015,but many analysts are predicting US 10yr bond rate could increase fr current 2.55% to 3%-3.5% by year end.Thanks
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Investment Q&A
Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.
Q: Hello Peter!
I have no room for contribution to my TFSA account for this year, but I want to buy now ACQ and put it into my Unregistered account and hold it until next year and then move it "in kind" to my TFSA acc.in form of yearly contribution. Is this good strategy and do I have to pay tax on capital gain if price of ACQ go up.
Regards Andrew.
I have no room for contribution to my TFSA account for this year, but I want to buy now ACQ and put it into my Unregistered account and hold it until next year and then move it "in kind" to my TFSA acc.in form of yearly contribution. Is this good strategy and do I have to pay tax on capital gain if price of ACQ go up.
Regards Andrew.
Q: Hello Peter
Could you comment on the recent drop in share price of AutoCanada .Should i be concern ?
Is the share price going to recover or am i in for a greater drop .I value your opinion .Thanks -Claudio
Could you comment on the recent drop in share price of AutoCanada .Should i be concern ?
Is the share price going to recover or am i in for a greater drop .I value your opinion .Thanks -Claudio
Q: Would you consider ACQ a buy at today's price?.
Thank You
Garry
Thank You
Garry
Q: Peter; With this mornings GM recall could this filter down to ACQ.? Im not sure how many of their dealerships are GM. Thanks. Rod
Q: As a holder of ACQ what would you suggest after digesting the latest news from the company? My thanks to you and your staff.
Garry
Garry
Q: Hi, could you please comment on present insider holding (%)of Auto Canada(ACQ)currently and after this large secondary offering by them. Co. release states CEO's estate planning and his financial flexibility to invest back in new dealerships, as some reasons. Sounds reasonable? Thanks
Q: AutoCanada just announced a bought deal $350 mln of common shs @ $78.00 Would you be buying this issue? Or is it too high?
Q: Trading in ACQ is halted...I am guessing as the result of the huge financing deal just announced. Any thoughts on how this will affect share price. The deal at $78 is $5 less than today's price.
Q: AutoCanada (ACQ) has not done much recently. Is there a problem, or is it just a matter of being patient ? Sold some Amaya (AYA) recently to buy ACQ. Since then, AYA goes up, and ACQ down.
Q: ACQ
ACQ seem to be getting very expensive, though the recent inroads into Quebec and franchise with BMW and Mini are very promising. The purchase of Hyatt in Alberta is also good. They are included into TSX composite too.
Do you think they need to raise equity to fund the continuous acquisitions?
Do you think the acticle in http://seekingalpha.com/article/2267263-autocanada-an-easy-short has merits or just too worry about nothing?
ACQ seem to be getting very expensive, though the recent inroads into Quebec and franchise with BMW and Mini are very promising. The purchase of Hyatt in Alberta is also good. They are included into TSX composite too.
Do you think they need to raise equity to fund the continuous acquisitions?
Do you think the acticle in http://seekingalpha.com/article/2267263-autocanada-an-easy-short has merits or just too worry about nothing?
Q: acq autocanada is still going up,up,and up.Any comments. Thanks.Jim
Q: I would like to buy ACQ, Auto Canada, but it keeps jumping up and I am afraid that when I buy it will have a correction. Is it too expensive to buy with the latest big jump?
I value your opinion, and really enjoy your site!
Thank you.
I value your opinion, and really enjoy your site!
Thank you.
Q: Hi there Peter and co.
I have been watching autocan (ACQ.TO) for a while now, with its rapid ascension how do you see the valuation of the stock . Do you still see room to grow?
Keep up the great work!
Thanks
I have been watching autocan (ACQ.TO) for a while now, with its rapid ascension how do you see the valuation of the stock . Do you still see room to grow?
Keep up the great work!
Thanks
Q: If you could only buy one of LNR or ACQ at today's prices, which would you choose? And would you buy now or wait until summer?
Thanks,
Carla
Thanks,
Carla
Q: I like and own lots of autocanada, and obviously you like it as well.so would buy more right here at about 64.50. dave
Q: Peter' Wots up with ACQ to-day? Thanks
Q: Hi, could you please provide your comments on Auto Canada results? Thanks
Q: I have been a member since you first established 5i. I am writing to thank you for your wise counsel. For example, I bought AutoCanada for my RRIF in March 2012 at $8.35 after reading your report. I bought more a year later.I reluctantly sold part of my position this week when I was showing a gain of 485%. Many, many thanks!
Q: ACQ AutoCanada Just wondering if you could comment on the latest news coming from the Co.? Disregard if similar Q already asked.