Sonic Automotive Inc. (SAH)

All Comments on SAH

  • commenter
    Aug 07 04:16 PM
    My Website
    Auto Retailers' Ability to Pay Debt - What It Means [view article]
    Hi Falcon,

    Regarding Buffett and Carmax, I'd encourage you to check out this article over at Fortune: money.cnn.com/2007/11/...
    Reply
  • commenter
    Aug 07 02:23 PM
    Auto Retailers' Ability to Pay Debt - What It Means [view article]
    when you see deep pocketed insiders scooping up tremendous numbers of shares as is the case with Auto Nation (with Bill Gates recently purchasing the equivalent of 5% of the company and Eddie lambert's stake now up to 44% after purchasing nearly 10 million shares during the past 6 months alone), I don't think it is that difficult to find the one or two golden eggs on this list above. The others might even be short candidates as they don't have a chance against the experience and money managing skills of Lambert, Jackson, and Gates (and others) at Auto Nation, and Buffet helping out at Karmax. The implied guarantee that these individual investors have given the company by putting their money where their ideas are is powerful, indeed. Reply
  • commenter
    Jul 24 04:08 PM
    Auto Retailers' Ability to Pay Debt - What It Means [view article]
    The Lithia stores in my market (Northern NV) are taking steps to reduce expenses--combining/el... district level supervision (instead of separate dealership managers, one 'area manager' will now supervise 5 stores), relocating dealerships in poor locations (a store with poor access and low traffic counts is moving to a street with the highest surface traffic counts in town, at cheaper rent) and the like.

    How long that takes to show up in interest coverage remains to be seen. But at least management isn't asleep at the switch.
    Reply
  • commenter
    Jul 24 01:28 PM
    Auto Retailers' Ability to Pay Debt - What It Means [view article]
    Good aproach, but still used car dealers sound very risky. For instance, who ever have a large proportion of SUB's and large pick-ups (gas gustlers) are in great disadvantage because they will not sell unless a real big discount is offerred... Reply
  • commenter
    Jul 24 12:56 PM
    Auto Retailers' Ability to Pay Debt - What It Means [view article]
    The problem with used auto dealers is that every week the cars are worth less and a slow market compounds this. The wholesale auction prices fall an the ripple efffect is started Reply
  • commenter
    Jul 10 05:42 AM
    More Replacement Tickers for Reshaping David Merkel's Portfolio [view article]
    wouldn't SKM fit in the 'cheap for Korea' mold? Reply
  • commenter
    SeekingAlpha
    Editors
    Apr 06 05:18 AM
    My Website
    General Discussion on SAH
    Is this a buy or a sell? Reply
  • commenter
    Apr 02 03:00 PM
    Jeff Rachor Defects: Sonic's Loss is Pep Boys' Gain [view article]
    First of all, I am a nuts and bolts kinda guy. It just so happens that Sonic owns an outstanding faclity in Houston, Momentum BMW,Jag
    Porsche, Volvo and Land Rover. On a Sunday afternoon,while driving by, I spotted a car on display and decided to have a look.
    What I discovered, new BMW cars scattered eveywhere,extremely
    dirty, Monroney labels were missing in 50% of the inventory. A service drive with trash everywhere. Mold all over the side of the showroom, cigarett butts everywhere. From the freeway these stores look like the TajMahal. It is a heart breaking discovery, I would give anything to operate a facility like that. In closing, I am not sure who is running the show at Sonic, but whoever, needs to get his ass out of the office and walk his store!
    Reply
  • commenter
    Mar 29 03:20 PM
    CarMax's Earnings: Seven Auto Retailers, Seven Comparison Metrics [view article]
    That's an excellent analysis. Great job! Reply
  • commenter
    Mar 01 10:20 PM
    February Light Vehicle Sales: It's All Relative, Or Is It? [view article]
    Yours was a nice article with many obscure points that I can show my fellow investors. Would you mind slimming down the article in the future? The energy saved could help your overall investing performance. With clues like yours from good sources I scaled completely out of all my Ford holdings in the first week of Feb. Are you one of those buy and hold investors? Please keep your auto articles comming my way. Reply
  • commenter
    Feb 07 11:50 AM
    The Internet's Changing the Auto Retail Business For the Better [view article]
    it's = a contraction of it is
    its = denotes possive
    Reply