I'll be pleased when the share buy back ends. The longer it goes on the lower the SP seems to get.
I'll be pleased when the share buy back ends. The longer it goes on the lower the SP seems to get.
Yes trying times for all Turners shareholders including directors who have a lot of skin in the game.
However as we all know NZders love to buy cars [even suspect Holdens]...lol.
I suspect Milford are reducing their 4.99% further
Jeez $2 .....that’s almost half price from last year (needs doubling to get back there)
PEs don’t mean much ....maybe value as a divie stock ....as no growth likely could treat it like a bond. Maybe should price it like a ‘bond’ with an expected 10% pre tax return to compensate for risk (based on performance and even this sunset industry talk)
Couta 13.8 % PA over 10 years ,there will be a lot of people on here who would be happy with that .
https://www.nzherald.co.nz/business/...ectid=12151576