Percy check out the percentage of shares bought back between 30 Jan and 8 of Feb, its by far the majority and some days there was a high number of shares traded.
I see CMO published their half yearlies already 4 weeks ago:
https://www.nzx.com/announcements/330839
Revenue up 4%, but earnings down 9.3%.
I guess this fits well into the cyclical picture of the car market TRA published recently (https://www.sharetrader.co.nz/showth...l=1#post751258) - doesn't it?Quote:
The immediate outlook is for revenue to remain high but lower margins and higher costs will constrain trading profitability.
Maybe we should be prepared for the downturn in the industry to continue for the next couple of years ... A return to $3.80 might take a bit longer ;);
Maybe.?
However I see TRA's
Sales from new yards helping to keep sales up,and offering the opportunity for finance and insurance.
finance ie Oxford Finance enjoying growth from incresed number of originators.Now approx 500 sites.
Autosure enjoying growth.
Service enjoying growth.
Excellent property development [revaluations],and a possible good profit from a North Shore site sale.
Whangarei.Interesting to note the new site is in a much better location and holds 25% more vehicles.Will yearly turnover be
up 25% to 50% or more.?
Possibly very large developments in both ChCh and Auckland.
At this be of those friendly investor roadshow that’s NGOs last year I heard they were talking about doubling market share
Wonder how that’s progressing
Progressing well.driven by both more sites and better located sites.
Whangarei,New Plymouth,Hamilton {BuyRight Cars], and Wellington would be helping that strategy.
New site on North Shore [Archers Road]should be open in August, and also a new development announced for Westgate.
I also "vaguely" remember 5%.
Does this answer the question ?
Attachment 10416
To me this says they have 10%
Maybe it was 5% and now about (but less than) 10%
Doubled msrket share ...job well done
A marketeers nightmare.....
.....41% say Turners most trusted used car dealer and 88% say they will use again .......but market share between 5% and 19%
Your comments should be directed at the other Beagle.