AUTOCANADA (ACQ) Stocks

ABOUT AUTOCANADA

AutoCanada Inc. is a North American multi-location automobile dealership group operating 69 franchised dealerships, selling several brands, in Canada and Illinois, USA. The company headquarters in Edmonton, Alberta with approximately 4 200 employees.

Pat Priestner founded the company in 2006 and since then it has grown from strength to strength. In 2019, the company launched RightRide, which is a special finance division of the multi-location automobile dealership. RightRide currently operates 57 dealerships throughout Canada.

In Canada, AutoCanada Inc. today operates 50 dealership, selling 22 brands in eight provinces. It sells Chrysler, Dodge, Jeep, Ram, FIAT, Alfa Romeo, Chevrolet, GMC, Buick, Cadillac, Infiniti, Nissan, Hyundai, Subaru, Audi, Volkswagen, Mazda, Mercedes-Benz, Smart, BMW, MINI and Ford branded vehicles.

In the United States, buying family-owned dealership and making it part of the larger network, is where the company’s success lies.

Today it operates 14 dealerships, selling 12 brand in Illinois. When it bought the US Auto Group, it included eight metro dealership selling and servicing Cadillac, Chevrolet, Honda, Hyundai, KIA and Toyota.

It also includes six luxury and premium brands in an automall under one roof in Bloomington/Normal, Illinois. It includes Audi, Lincoln, Mercedes, Subaru, Volkswagen and Volvo.

OVERVIEW OF AUTOCANADA

• AutoCanada Inc. is a Canada-based multi-location automobile dealership company.

• The company offers a range of automotive products and services that include new vehicles, used vehicles, vehicle leasing, vehicle maintenance and collision repair services, vehicle parts, extended service contracts, vehicle protection products and other after-market products.

• It arranges financing and insurance for vehicle purchases through third-party finance and insurance sources. Its business, held through its subsidiaries, is the operation of franchised automobile dealerships in British Columbia, Manitoba, Alberta, Quebec, Saskatchewan, Ontario, New Brunswick and Nova Scotia.

• The company also offers a range of parts, service and collision repair services, extended warranties, and replacement and aftermarket automotive products.

VISION & VALUES OF AUTOCANADA

• There are five reasons why you should invest in AutoCanada Inc.
• The sector remains strong and sales continue at record levels; the company has an experienced and motivated leadership team, which aligns with shareholders; the market is highly fragmented with the industry shifting to larger dealer groups; more Canadian OEMs is accepting public companies; and it is a profitable business with diversified manufacturer mix and multiple earning streams. Shareholders who purchase company shares can rest assured of superior value.

MARKET PERFORMANCE OF AUTOCANADA

• AutoCanada Inc. trades on Toronto Stock Securities Exchange (TSX) and lists under the stock symbol ACQ. The company forms part of the TSX 500.

• In the third quarter ending September 30, 2019, the company reports revenue of US Dollar 981.9 million, an increase of US Dollar 115.0 million or 13.3%. Total vehicles sold is 19 652, an increase of 533 units or 2.8%. Adjusted EBITDA increases 100.7% to US Dollar 32.5 million, an increase of US Dollar 16.3 million.

• Adjusting for the impact of IFRS 16, adjusted EBITDA was US Dollar 21.8 million, an increase of 34.9% over the prior year.

• The Board declares a quarterly eligible dividend of US Dollar 0.10 per common share.

Buy AUTOCANADA stocks / shares – A Step by Step Guide how to Buy / Purchase AUTOCANADA Stocks or Shares online.

Before buying any stock or share one has to consider a few factors.

STEP 1: PROPER RESEARCH IS ESSENTIAL

Upon deciding you want to buy AUTOCANADA Stocks / Shares, it is critical for the serious investor to do proper research into the said company. Its values should align with those of the investor’s current portfolio. An investor needs to familiarise himself with the basics and history of the company, as well as its leadership and performance in the market. Its company reports should also be scrutinized.

Consultation with a brokerage firm can also assist in determining whether investing in a specific company will complement the investor’s current portfolio. The investment “risk ladder”, which identifies asset classes based on their relative riskiness, is another useful tool when determining which company’s stock / share is the best to buy.

STEP 2: CALCULATE THE AMOUNT OF INVESTMENT IN AUTOCANADA STOCKS / SHARES

It is important for an investor to monitor his total investment in stock in order to keep his portfolio aligned to his investment strategy. The overall value of his holdings will change with the fluctuation in stock prices, which can throw his portfolio off balance. To determine the amount to invest, multiply the number of shares of each stock by its current market price to determine the total investment in that specific stock. For example, if you own 100 shares of a US Dollar 5 stock, multiply 100 by US Dollar 5 to get US Dollar 500.

STEP 3: DECIDE ON THE STOCK / SHARE ORDER TYPE

Investors can choose from a market order, a limit order, a stop order (also referred to as a stop-loss order) or a buy/sell stop order. It is important to familiarise yourself with each type’s pros and cons before deciding which one will suit your current stock profile best. An investor should be guided in this choice by his investment objective.

STEP 4: OPEN A BROKERAGE ACCOUNT

A brokerage account – also known as taxable investment account – is similar to a retirement account, but more flexible. Where a retirement account has limitations on the amount of money that can be contributed annually, and restrictions on when funds can be withdrawn, a brokerage account is more flexible. The latter has no income or contribution limit and the investor can withdraw his money at any given time. This flexibility, together with its potential investment gains, makes a brokerage account more attractive to serious investors. Brokerage accounts are ideal for goals or savings that are further than five years away, but closer than retirement. It can also supplement an investor’s emergency savings.

STEP 5: COMMIT AND PURCHASE AUTOCANADA STOCKS / SHARES

Lastly, commit to the stock. Pro Tip: Monitor the value of your stock to ensure you have a growing stock value and dividend pay-out.  Regularly check the share price online to ensure your investment delivers a positive return on investment. You are now a proud owner of AUTOCANADA stocks / shares.

5 Questions to ask yourself before purchasing any stocks or shares.

1. Is it the best time to buy this stock / share?
2. Should I buy AUTOCANADA stocks / shares in the current economic climate?
3. Can I afford to buy this stock / share?
4. What is the forecast of the stock / share growth?
5. What is the current price per earning ration on the stock / share?