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  1. #5341
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    Quote Originally Posted by Baa_Baa View Post
    The Basin site is awful, a tiny, partly gravel forecourt, shipping containers for offices, and of course the cars look even older and crappier because of all the high roller flash Harry’s car yards on both sides of Kent and Cambridge Tce’s. I think the whole thing looks cheap and nasty, doing the brand a disservice IMO.
    Hope you got the thread mentally on ignore in time Percy.
    Off to chop down a conifer to fill in the afternoon.

  2. #5342
    Membaa
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    Quote Originally Posted by percy View Post
    However on the darkside I just ignore the thread.
    About to do the same here.!!!.
    👍

    Quote Originally Posted by percy View Post
    All the same old tired arguements.
    Just different posters posting them.
    And the same old tired rebuttals from a single monotonous promoter, just the SP that is almost halved.

  3. #5343
    Legend Balance's Avatar
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    Quote Originally Posted by percy View Post
    Thanks for your comments.
    Turners state it is performing above budget.
    And they also stated the sp is undervalued.

  4. #5344
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    Oh Gosh! if I block you Percy I may only see about 30% of posts and mostly negative, horrible thought as we need balance ..............

  5. #5345
    Legend Balance's Avatar
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    Quote Originally Posted by Baa_Baa View Post
    The Basin site is awful, a tiny, partly gravel forecourt, shipping containers for offices, and of course the cars look even older and crappier because of all the high roller flash Harry’s car yards on both sides of Kent and Cambridge Tce’s. I think the whole thing looks cheap and nasty, doing the brand a disservice IMO.
    Worse house in the best street strategy?

  6. #5346
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    Quote Originally Posted by minimoke View Post
    Yes that’s it, have a googly walk down the road, for comparison

  7. #5347
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    Quote Originally Posted by Balance View Post
    Worse house in the best street strategy?
    They’re not selling houses though are they. Do they own or lease the land?

  8. #5348
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    Quote Originally Posted by Baa_Baa View Post
    Yes that’s it, have a googly walk down the road, for comparison
    Definitely the poor relative. Presumably price point on vehicles matches

  9. #5349
    Speedy Az winner69's Avatar
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    Quote Originally Posted by Baa_Baa View Post
    They’re not selling houses though are they. Do they own or lease the land?
    Leased - short term probably and might have got it at cheap rates

    It’s land taken by the NZTA for the flyover or whatever they end of doing around the Basin

    Hence the shipping containers and gravel ...no future there
    Last edited by winner69; 14-06-2019 at 01:00 PM.
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  10. #5350
    Speedy Az winner69's Avatar
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    No wonder Turners need to do something to fix their business

    ROIC for F19 slumped below 6% which is way below their cost of capital - another year of decline.

    Probably that’s why the market values Turners at about its Book Value
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

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