https://www.nzx.com/files/attachments/235119.pdf
More acquisitions, more business building, more steps in the right direction.
https://www.nzx.com/files/attachments/235119.pdf
More acquisitions, more business building, more steps in the right direction.
People starting to buy up to 305 again expecting some decent results out on Monday, can't see the sp dipping under $3 after mondays results.
https://www.nzx.com/files/attachments/236507.pdf
Seems like a solid report, revenue up 76% looking towards more acquisitions this year.
A lot to like about the results.
The business is in great shape.
The succession of Todd Hunter taking over from Paul Brynes is positive,as is the fact Brynes will be on retainer for a couple of years,looking for further acquisitions.
Adding more products to the insurance suite will gain momentum with TNR's sales channels.
The online "Cartopia" and digital loan approval system "AutoApp" means TNR are customer focussed.
The increase divie and the fact we can start to look forward to "fully imputed" divies is welcome.
Attachment 8090
Says it all really. Still waiting for the market to catch up to a growing business.
Looking at those numbers makes me want to keep accumulating at these prices too!
Sorry the image is so terrible all, for those that can't see.
2012/13 had a net loss of 100k with a shareprice of $2.80
2014/15 had a net profit of 19 million with a shareprice of $3.20
2015/16 had a net profit of 21.6 million with a shareprice of (currently) $2.97
So either the sp was hugely overvalued then..... Or it's hugely undervalued now.
I'd suggest a mixture of both but under $3 tnr seems like a steal!
An excellent presentation.
Again a must read for any shareholder, or anyone looking to invest in TNR.
Would some kind person please post the link to it.