I am expecting TRA's 2019 eps forecast to be revised upwards before the bonds convert,which together with TRA getting more runs on the board,will see their PE expand.
The product mix is being more focussed on retail, rather than wholesale.This will give lead to greater Cross-selling oportunities.The systems and overheads are there already,so it will be easier to add to the bottom line.The finance and insurance profits only start when you sell a vehicle and are ongoing.This year,next year and so on.A nice ongoing earner.
Keep in mind everything CMO can't do,TRA can.!
Todd Hunter clearly stated they were developing their own sites,which would suit their needs,and they could either retain ownership,or sell them and lease back.This way the development margin would be theirs.I remember WHS and SCY did this,Good earners,but no analysts has picked up on that potential,as far as I know.