Agree 100% I feel like a company owner with TRA rather than a nuisance with some other companies
Yes, its big turnaround especially when Chair Baker didn't show up (was online however) for ASM few years back as he tht attending prior committed car event overases was more important. Definitely more refreshing with him buying big chunk on market last year along with Todd.
My forecast revenue forecast for FY22 is $345m, profit $43.9m.
On that basis my DCF based target price for 12 months out is $5.65. Down from my earlier target of $5.90 - I overestimated 1H22.
Nelson is still to come online, so that may have a material impact on sales, but maybe not this half if it is delayed to next year. My previous forecast assumed Rotorua and Nelson would come online, only Rotorua did, so I guess that forecast was not quite as over-optimistic as I first thought.
Yes all looking good for FY22 and beyond !
Cool story "Holden" back the years https://www.nzherald.co.nz/lifestyle...BAOJSGYRS2PCE/ Gosh as teenager I used to absolutely adore the next door neighbors V8 Monaro.
that is a great story , and it is totally on topic!
How dare you bastardize my name.AustEn's have never had anything to do with AustIns.
Although at one time did own a Morris 1300 GT,which was a goer.
ps.I think an Austin Cambridge would be referred to as a Rollscanardle ;ie rolls down hills but can hardly get up them..........lol.
My first girlfriend had a Morris minor back then. 0-60 miles an hour in about 2 minutes lol
enough time for fore on the floor play ehh;)
My best friend had an Austin A55, Irish getaway car, foot to the floor everywhere.
I am renting an Hyundai I20. I am sure the Lane Safety Assist is trying to kill me!
Meanwhile still happy to hold on to Turners for the foreseeable future (i.e. while I remember to turn the Assist off everytime I turn the ignition key :eek2: ).
My lane assist in my Kia Stinger is permanently off, can't stand it!
Happy to have bought into TRA a few months back and hope to add slowly to my opening position.