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  1. #4161
    percy
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    Quote Originally Posted by Ggcc View Post
    I am looking for an entry point, but every time I think about it the price drops to a new low. That sort of stuff scares me off even though the company is running a fantastic profit. PS The mrs bought a car from Turners recently and the service was great and quick. On another note, it was sad, but good to see that when a couple were looking at buying were declined to purchase a car on finance. Good to see they don't want to sell a car to anyone.
    Must be hard for people wanting to buy a vehicle to be declined finance.
    Yet it is the best for all parties in the long run.
    Buying TRA.Well you can either wait for the trend to change,or you can ladder your buying.Buy a quarter of what you want today,buy another quarter in May if the result is OK,then buy another quarter in September if you are like the agm outlook,and finally the last quarter for your own Christmas present.!!

  2. #4162
    Speedy Az winner69's Avatar
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    @LixAnnSonders
    Market continues to reward companies tending to buy back shares or pay dividends vs. those making significant business investments @SoberLook @GoldmanSachs

    I told her that doesn’t work in NZ
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  3. #4163
    percy
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    Quote Originally Posted by winner69 View Post
    @LixAnnSonders
    Market continues to reward companies tending to buy back shares or pay dividends vs. those making significant business investments @SoberLook @GoldmanSachs

    I told her that doesn’t work in NZ
    Yeah right...??????????????....lol.


    ps.Perhaps TRA will keep buying back shares until it does work.
    At these prices that would make sense to me.
    Last edited by percy; 15-02-2019 at 06:50 AM.

  4. #4164
    Speedy Az winner69's Avatar
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    Phew that was close — though Turners share price was going to slide into the 120s

    Nobuy backs for a while .....maybe they are hanging on for even cheaper shares
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  5. #4165
    percy
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    Quote Originally Posted by winner69 View Post
    Phew that was close — though Turners share price was going to slide into the 120s

    Nobuy backs for a while .....maybe they are hanging on for even cheaper shares
    Would be a rather large drop from $2.30 to $1.20s.

  6. #4166
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    Don’t scare me like that Winner, I thought I had missed something. I think you mean the 220’s.


    Quote Originally Posted by winner69 View Post
    Phew that was close — though Turners share price was going to slide into the 120s

    Nobuy backs for a while .....maybe they are hanging on for even cheaper shares

  7. #4167
    ShareTrader Legend Beagle's Avatar
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    Very well run Colonial Motors reported yesterday and profit dropped about 9% from memory. Plenty of talk about margins being squeezed.
    Doesn't auger well for full year profitability of TRA but those dividends will keep coming in for the time being anyway so as long as one ignores the steadily dropping share price everything is fine and dandy. Next market update will be very interesting. Test of $2.00 coming up ?
    Last edited by Beagle; 21-02-2019 at 05:15 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

  8. #4168
    percy
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    New car sales I would expect to be difficult.So no surprises there.!
    Yes I too am looking forward to TRA's next update.
    I am expecting it will confirm their strategy is oncourse.
    Last edited by percy; 21-02-2019 at 05:52 PM.

  9. #4169
    Speedy Az winner69's Avatar
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    Quote Originally Posted by RTM View Post
    Don’t scare me like that Winner, I thought I had missed something. I think you mean the 220’s.
    Hope the gremlins in the phone weren’t sending us a message
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  10. #4170
    percy
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    Quote Originally Posted by winner69 View Post
    Hope the gremlins in the phone weren’t sending us a message
    Rubbish in rubbish out.!

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