Yes im planning a weekend visit and it would be interesting to know what % goes to dealers.
Yes im planning a weekend visit and it would be interesting to know what % goes to dealers.
Still trying to use the TRA story to learn - and find the current "uplifting mood" on this thread quite interesting.
So - where are we?
SP lifted from a low of $2.14 to previous highs of $2.33 (but not higher). No higher highs;
Volume was throughout the bounce neglegible, low even for such an illiquid stock. No big buyer, no market support.
SP just scratched the MA50 and is ways below MA100 and MA200;
Looking at the trendline - the indicators for the current bounce look quite similar to the bounce around October last year (compare the blue potatoes with the red potatoes :);
Attachment 10401
Similar SP bounce (obviously different start and end points), similar low volume and similar RSI shape and level.
While I wish holders all the best - I think there is a good chance the bouncing cat is dead ... not seeing any signs of market confidence.
But of course - they could come out tomorrow and telling us about this amazing upswing in the second hand car market - and up she would go ;);
I was in AutoDream the other day looking at a 2005 Nissan Bluedird done 16,303 klms.Idea was to replace the daughter's which has done 130,000klms.
Asked the salesman whether trade was a bit slow?.No "about nornmal."
Perhaps posters may have realised used car sales are "about normal."
Then again, if you read the link W69 gave post # 4670 page 312 on this thread,we know Turners developments produce great results,"The whole nine yards."
Even better to know this site is owned by Turners,and it will produce great results for years to come."Turners Corner".
I note we have had no share buy back announcements since 8th March.
FNZC are doing the buyback for Turners.
On 7th March 81,579 TRA shares were traded on market.
On 8th March Tra announced they had brought back 35,042 shares...or 42.95% of the shares traded,not 30%
On 5th March 48,722 TRA shares were traded on market.
On 6th March TRA announced they had brought back 23,000 shares or 47.20% of the shares traded,not 30%.
On 6th March 329,744 TRA shares were traded on market.
On 7th March TRA announced they had brought back 163,000 shares,or 49.43% of the shares traded.not 30%