Grande West Transportation Appoints Respected Industry Veteran Manuel Achadinha as COO

Nowadays, investors not only watch financial news networks on television to get information on the markets. YouTube has emerged as a preferred option for plenty of investors in recent years and there are plenty of channels on the platform that provides highly reliable stock market-related information.

In that regard, it is difficult to see past the YouTube channel RichTV Live, which has quickly established its credentials as one of the more reliable sources of investment-related information. In one of its videos this week, the channel looked into the Canadian bus manufacturing company Grande West Transportation Group (TSXV:BUS)(OTCQX:BUSXF)(FRA:6LG).

Enter Your E-mail Address To Subscribe

* indicates required
 

Key Details

In this regard, it should be noted that the company has been covered extensively by RichTV and in the latest video, the analyst looked into a new development at the company.

Grande West has come into prominence in recent times for emerging as a notable supplier of clean diesel, CNG, and electric buses. Earlier in the week, the company announced that it appointed Manuel Achadinha as its new Chief Operating Officer.

It goes without saying that such a key appointment can have a major long-term effect on the company and hence, it was no surprise that the news was analyzed by the RichTV analyst. One of the most vital things to keep in mind with regards to this appointment is the fact that Achadinha is a seasoned professional and has worked in the transportation industry for more than a quarter of a century.

On the other hand, Achadinha is also a highly skilled operator when it comes to his core competencies. In between 2008 and 2018, he has served as the Chief Executive Officer and President of the company BC Transit.

At BC Transit, Achadinha was responsible for led the company’s business strategy and was responsible for its evolution and implementation. However, potential investors need to look at the cold hard numbers in order to make up their minds with regards to Achadinha. During his time at BC Transit, the company grew at an impressive pace, and eventually, its revenues grew to $261 million.

On the other hand, the ridership soared to as many as 51 million passengers annually. Grande West will be hoping that Achadinha can work the same sort of magic in his new role.

Featured image: Pixabay

Please See Disclaimer

If You Liked This Article Click To Share


Risks and Disclosure:

Information provided in this correspondence is intended solely for informational purposes and is obtained from sources believed to be reliable. While all information is believed to be reliable, it is not guaranteed by us to be accurate. Individuals should assume that all information contained on this website is not trustworthy unless verified by their own independent research. Also, because events and circumstances frequently do not occur as expected, there will likely be differences between any predictions made or suggested and the actual results.

All statements and opinions expressed are the opinions of the author and not of Richtvlive.com or its officers. The author is wholly responsible for the validity of all statements. Richtvlive.com was not involved in any aspect of the article preparation. The author was not paid by Bitrex Inc for this article. The author did not pay Richtvlive.com to publish or syndicate this article.

This article does not constitute as investment advice. Each reader is encouraged to consult with his or her individual financial advisor; any and all actions taken by a reader as a result of the information presented here is his or her own responsibility. By opening this page, each reader accepts and agrees to Richtvlive.com's terms of use and full legal disclaimer. This article is in no way a solicitation for investment. Richtvlive.com does not render general or specific investment advice. Any information on Richtvlive.com should not be considered a recommendation to buy or sell any security. Richtvlive.com does not endorse or recommend the business, products, services or securities of any company mentioned on Richtvlive.com.

Futures, stocks and options trading involves substantial risk of loss and is not suitable for every investor. The valuation of futures, stocks, and options may fluctuate, and, as a result, clients may lose more than their original investment and possibly their entire investment. Any content on this website should not be relied upon as advice or construed as providing recommendations of any kind. It is your responsibility to confirm and decide which trades to make. Always consult a licensed investment professional before making any investment decision. Be extremely careful, investing in securities carries a high degree of risk; you may likely lose some or all of the investment.

Please see our full disclaimer here for additional details before making any investment decisions.