TRA - Turners Automotive Group [previously TNR - Turners Limited]

[Joshuatree]

Was reading Trademe results today (good, in line with guidance , sale to Apac progressing) and the one blip was motors
"Trade Me Motors, our largest classified vertical, reported another excellent result with revenue increasing by 8.8 per cent year-on-year. This result was also underpinned by great growth in our depth products. We have however seen a slowdown in the market since November, which we have taken into consideration in our outlook below."

[BlackPeter]

Jeez it it hits BlackPeter’s stop loss there will be carnage

Admittedly - it did today and I subsequently lightened up a bit (never ignore what your board is doing ); Bought some Heartland shares instead - couldn't resist buying into an uptrend.

However - still holding a medium sized parcel and - given my track record of selling into downtrends - this might well be the day the trend is changing ;

If it does - all credit to me ...

[kiwico]

Turners have the most trusted brand,and their online sales offers a 7 day money back guarantee.

The guarantee seems generous. The ability to buy and return plus locations around the country seems to negate the need for a rental car if heading to a different part of the country...

[blackcap]

The guarantee seems generous. The ability to buy and return plus locations around the country seems to negate the need for a rental car if heading to a different part of the country...

Hahah classic. I am guessing they would keep a database of recidivist "offenders" but I like your thinking there. Wonder what the "signup" hassle is and if it is worse than the obligatory paperwork at a rental company. Might have to give it a whirl for oldtimes sake next time I am considering a drive to Auckland.

[minimoke]

The guarantee seems generous. The ability to buy and return plus locations around the country seems to negate the need for a rental car if heading to a different part of the country...

I've heard similar tales from the Warehouse - where clothing or toys or a TV is needed for the weekend, only to be returned on Monday morning.

[percy]

I've heard similar tales from the Warehouse - where clothing or toys or a TV is needed for the weekend, only to be returned on Monday morning.

Ballantynes used to have that problem with expensive dinner sets.

[winner69]

Has the share price ever been this low before?

[percy]

Has the share price ever been this low before?

Don't know whether www.stocknessmonster.com 10 year chart is correct,but the sp went down to these levels in 2013,and 2014.
Increased from 50 cents in 2009 up to $3 in 2012.
We live in interesting times.

ps.The Turners end of life yard in Curries Road not far from us has cars stacked up 3 high on a large frame and always looks full.I expect they are going gangbusters with insurance wreck sales.Big ticket Turners clip.

[Beagle]

Was $3.89 in Feb 2017. Fabulous total shareholder return since then.

[winner69]

Was $3.89 in Feb 2017. Fabulous total shareholder return since then.

Well it’s taken 2 years to fall that much ......so a long grinding down process

To every action there’s an equal and opposite reaction ......didn’t Buffett say that?

Keeping the faith ....but wish Baker and his Singapore mate would pull finger and find a buyer ...I’d be happy with 240 now