ATD.B - Alimentation Couche-Tard
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Thanks Red 
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At one time, odd lots were difficult to execute, making it more difficult for retail investors to buy sufficient numbers of shares. Doing a 2 for 1 split, thereby halving the share price, supposedly made the company's shares more accessible and thus an opportunity for share price growth. That is no longer the case (or shouldn't be) and thus why so many companies* now have share prices well in excess of $100. It costs the companies money to do a share split, so bottom line, I have no f*ing idea why ATD.B is doing what it is doing. As a shareholder myself, I am pissed. It isn't as if$80/share is excessive. There are better ways to spend shareholder money.Thanks Red
* Example: FFH at $592. No difference between 20 shares at $592, or 40 shares at $296 or 100 shares at $118.40
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How many shares, if any, of Berkshire Hathaway can you buy if you wanted to?
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The B's are about $205 USD.... so a full position would be about 400-500 shares for me. Only institutions can afford the A's at over $300k
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Tobacco seems to be stuck in the 15-20% range for a long time. A slow decline is inevitable but unfortunately may never drop below 10%. There is lots of room to roam in the USA yet. I'd be more concerned about conversion to EV (vs gasoline sales) than store sales.
Yes, EV's will definitely be huge within the next two decades. From a market and technological standpoint, I would lean toward the far end of that timeframe. But I fear a drastic climate-change administration in the US can greatly tip the scales against combustion engines. ATD have good locations for charging stations, but they might not have enough real estate realistically. It think maybe grocery stores / supercenters / malls with their large lots can easily install a lot of charging stations and give the customers something to do for 30 minutes while their cars are charging.
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Why would people be charging their cars at a mall. Won't we all be charging our cars overnight at home, and that will get us through the day?
ltr
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Those who are on road trips will have to charge enroute. Operators like ATD.B will likely expand their store offerings to eateries and entertainment/gaming centres. The bigger challenge will be neighborhood stations where none of the locals will need to charge (apartment dwellers aside).
Yeah, that'll work for many people.
Some possible reasons:
Not everyone has a garage or even a driveway.
You were on a trip away from home.
You forgot to plug it in the night before.
You might exceed the 150 km / 200 km (fair-weather) range.
You have two cars and only one charger, etc.
Some possible reasons:
Not everyone has a garage or even a driveway.
You were on a trip away from home.
You forgot to plug it in the night before.
You might exceed the 150 km / 200 km (fair-weather) range.
You have two cars and only one charger, etc.
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Yeah, those all make sense. I use to live downtown for about 5 years at one time and none of the houses had driveways (as they were built before cars were invented - many downtown areas are like this). I had to buy a permit and so I was allowed to park anywhere on the street. I often wonder how electric cars will work for those people?
ltr
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actually in toronto a guy got permission to put in front yard pad to charge his otherwise on street parked electric car. expect that to be contentious
but yes, we own this as a consumer staple stock.
but yes, we own this as a consumer staple stock.
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That will be the grocery store, the gym, the mall etc.
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