Thanks for the kind words FM.
I am an Auckland Branch member of NZ Shareholders Association, to acknowledge their efforts to enhance governance on the NZX and in capital markets, but also to participate in the regular visits to local listed entities that one dedicated member tries to arrange every couple of months. In October 2020 Covid meant the meeting scheduled with Turners occurred at the Yacht Club on Tamaki Drive and rather surprisingly Todd Hunter brought his entire management team to present to us on that occasion. Based initially upon that experience, I share your view about the quality of management, and the direction and diversity of what has proven to be a more resilient business than many might have anticipated given the pandemic circumstance (and you don't mention their car subscription activity which is embryonic but gaining traction, where you can rent a used vehicle by the month, which fills a niche between the standard short-term Avis/Hertz type hire and longer term vehicle leasing or lease to buy contracts, an example of leveraging attributes the business already had ).
When you have a national geographic footprint, as Turners has developed/is developing in NZ, you get maximum benefit from brand advertising such as the terrific Tina from Turners campaign, not available to competitors. And they are focused upon ensuring shareholders are rewarded via steadily increasing imputed dividends which seem reasonably secure, so very investable especially if income is important (and paid quarterly too).
In fact, I was inspired enough to purchase a small number on my wife's behalf that very afternoon and have followed the Company closely ever since. Looking back, the purchase price then was $3.45 so capital gain since has been muted/nonexistent, but I find such minor holdings whilst diversifying a portfolio only in the most nominal sense do cause a focus which can influence subsequent investment decisions with regard to that entity, so have extra value for that reason.