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22-09-2021, 03:45 PM
#7001
Right thread this time
I got an email the other day that AutoSelect is closing their Auckland and CH CH yards and Fleet partners, owners of AutoSelect, will send their ex-lease cars to Turners to sell - should be a boost for them
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22-09-2021, 09:21 PM
#7002
 Originally Posted by sb9
First quarter divvy should be announced anytime now me thinks.
Me thinks you could be right - I'm sure Tina will organise pressing the right button for us sometime in October .. 
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22-09-2021, 11:11 PM
#7003
Originally Posted by nztx
Me thinks you could be right - I'm sure Tina will organise pressing the right button for us sometime in October ..
I'm counting on 6c/sh
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23-09-2021, 12:59 PM
#7004
Originally Posted by Jay
Right thread this time
I got an email the other day that AutoSelect is closing their Auckland and CH CH yards and Fleet partners, owners of AutoSelect, will send their ex-lease cars to Turners to sell - should be a boost for them
Very nice. They're quite big operators so that should help supercharge Turners results.
Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
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23-09-2021, 01:05 PM
#7005
Originally Posted by Beagle
Very nice. They're quite big operators so that should help supercharge Turners results.
Not supercharge ---- TURBOCHARGE is the way to go
“ At the top of every bubble, everyone is convinced it's not yet a bubble.”
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23-09-2021, 01:13 PM
#7006
Originally Posted by winner69
Not supercharge ---- TURBOCHARGE is the way to go
LOL nice one mate...just for you seeing as Turners is a vehicle business https://www.bing.com/videos/search?q...B952&FORM=VIRE
In this day and age maybe we're both wrong and this "electrifies" Turners performance 
Last edited by Beagle; 23-09-2021 at 01:17 PM.
Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
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30-09-2021, 03:33 PM
#7007
Trade Me: Median price for used cars spikes $3500 in two years
https://www.nzherald.co.nz/business/...3DFAVJ7CJFK2Q/
Nice money if you're selling...since when do used cars appreciate in value? Now they do!
Turners clipping the ticket on both transactions, plus there's at least a 6 cent quarterly div arising shortly. Go Turners!
All science is either Physics or stamp collecting - Ernest Rutherford
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30-09-2021, 05:05 PM
#7008
Originally Posted by Davexl
Trade Me: Median price for used cars spikes $3500 in two yearshttps://www.nzherald.co.nz/business/...3DFAVJ7CJFK2Q/
Nice money if you're selling...since when do used cars appreciate in value? Now they do!
Turners clipping the ticket on both transactions, plus there's at least a 6 cent quarterly div arising shortly. Go Turners!
Starting to look at my metal with new eyes.
I like the "at least"!
Last edited by clearasmud; 30-09-2021 at 05:06 PM.
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30-09-2021, 05:13 PM
#7009
Member
Turners were also interviewed on Radio NZ this afternoon regarding the increase in second hand car prices. Good exposure as the spokespeople for the second hand car trade.
It is easier to get the required mark up on higher price vehicles than lower prices. Higher prices also equal higher loans which is another key part of the business
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30-09-2021, 06:24 PM
#7010
Originally Posted by Davexl
Trade Me: Median price for used cars spikes $3500 in two yearshttps://www.nzherald.co.nz/business/...3DFAVJ7CJFK2Q/
Nice money if you're selling...since when do used cars appreciate in value? Now they do!
Turners clipping the ticket on both transactions, plus there's at least a 6 cent quarterly div arising shortly. Go Turners!
Results out from WHS and HLG this week, (in particular recent trading), show the lockdown effects on business at the moment are very real and they hurt. Last year they paid 20 cents in total, (from memory), so even if they maintained that run rate with the pending quarterly dividend at 5 cents in my opinion that would be an outstanding result in the circumstances.
On the subject of liking one's own car...sometimes the fine art of contentment is a difficult art to master but its much easier when the value is going up 
Last edited by Beagle; 30-09-2021 at 06:29 PM.
Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
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