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What did you buy? What might you buy??

  • Last Updated:
  • Mar 25th, 2017 12:08 pm
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Deal Addict
Jun 27, 2007
2802 posts
429 upvotes
bot TD Jul 50P and sold 3x45P for 0.30 debit
45USD corresponds to 60CAD support I think should hold. Don't mind assignment at that level... break even 43.5
Last edited by dlhunter on Mar 14th, 2017 10:19 am, edited 1 time in total.
After spending many years in Wall Street and after making and losing millions of dollars I want to tell you this: it never was my thinking that made the big money for me. It was always my sitting. Got that? My sitting tight!
Deal Addict
Nov 9, 2013
1464 posts
426 upvotes
Edmonton, AB
Very likely going to add to atd.b
Deal Addict
Nov 9, 2013
1464 posts
426 upvotes
Edmonton, AB
Jon Lai wrote:
Mar 14th, 2017 10:30 am
How much did they miss estimates by? I can't really find info...
TD DI has an estimate for Q4 at 0.66 - actual was 0.50 (0.53 adjusted).
Sr. Member
May 18, 2015
860 posts
179 upvotes
Ottawa,Ont
treva84 wrote:
Mar 14th, 2017 10:33 am
TD DI has an estimate for Q4 at 0.66 - actual was 0.50 (0.53 adjusted).
ive been waiting to get in on atd
Deal Addict
Nov 9, 2013
1464 posts
426 upvotes
Edmonton, AB
treva84 wrote:
Mar 14th, 2017 10:19 am
Very likely going to add to atd.b
My order was filled at 58.60.

Hopefully it's a good GARPer, I guess we'll see.
Deal Addict
Nov 23, 2008
1793 posts
366 upvotes
treva84 wrote:
Mar 14th, 2017 10:33 am
TD DI has an estimate for Q4 at 0.66 - actual was 0.50 (0.53 adjusted).
That's a massive miss though!
Deal Addict
Nov 23, 2008
1793 posts
366 upvotes
treva84 wrote:
Mar 14th, 2017 2:35 pm
Yup. I agree!
Then what compelled you to buy in immediately then, despite such a massive earnings miss ?
Deal Addict
Nov 9, 2013
1464 posts
426 upvotes
Edmonton, AB
SomeOtherDude wrote:
Mar 14th, 2017 2:38 pm
Then what compelled you to buy in immediately then, despite such a massive earnings miss ?
The drop in price (i.e. creating a discrepancy between price and value).

It was a bad quarter, and it did not meet the market expectations. My hope is it's a one off and earnings growth should continue moving forward - I think the company has a moat, decent management, and it's a relatively straight forward business (easy to understand).
Member
Aug 17, 2008
368 posts
80 upvotes
fyi: http://www.theglobeandmail.com/report-o ... e34295881/

"Convenience store operator Alimentation Couche Tard Inc reported a smaller-than-expected quarterly profit on Tuesday, as a jump in crude oil prices gutted margins at the company’s motor fuel retail business ... Excluding one-time items, the company earned 53 cents per share, falling short of analysts’ average expectation of 66 cents, according to Thomson Reuters I/B/E/S."
Newbie
Nov 4, 2012
79 posts
3 upvotes
I have entered ATD.B stores several times while filling gas but I never bought anything in there. I find the items are overpriced in comparison to Walmart and Superstore.
Deal Addict
Nov 9, 2013
1464 posts
426 upvotes
Edmonton, AB
craigslist123 wrote:
Mar 14th, 2017 5:37 pm
I have entered ATD.B stores several times while filling gas but I never bought anything in there. I find the items are overpriced in comparison to Walmart and Superstore.
Yup, it is a connivence store - generally people shop there for convenience / ease but of course you pay for it. From a business model point of view, this does afford them higher margins than places like Walmart or Superstore.

For example, Loblaw's has net margins of 2.12%; Walmart has net margins of 2.81%; Couche Tard has net margins of 3.50%.
Sr. Member
May 18, 2015
860 posts
179 upvotes
Ottawa,Ont
MrMom wrote:
Mar 14th, 2017 3:16 pm
fyi: http://www.theglobeandmail.com/report-o ... e34295881/

"Convenience store operator Alimentation Couche Tard Inc reported a smaller-than-expected quarterly profit on Tuesday, as a jump in crude oil prices gutted margins at the company’s motor fuel retail business ... Excluding one-time items, the company earned 53 cents per share, falling short of analysts’ average expectation of 66 cents, according to Thomson Reuters I/B/E/S."
Link to conference call transcript:http://seekingalpha.com/article/4055199 ... transcript
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