sharetrader
Page 312 of 386 FirstFirst ... 212262302308309310311312313314315316322362 ... LastLast
Results 4,666 to 4,680 of 5789
  1. #4666
    ShareTrader Legend Beagle's Avatar
    Join Date
    Jul 2010
    Location
    Auckland
    Posts
    13,163

    Default

    Quote Originally Posted by CD_CHCH View Post
    Condolences on your loss Beagle - we feel your pain.

    We lost our beautiful retriever a couple of years back but the hole she left in our life remains.

    Gone but never forgotten.
    Thanks mate, much appreciated. Time for a new puppy for you perhaps ? Found these for you. Just 8 days to go and they look absolutely gorgeous https://www.trademe.co.nz/pets-anima...11e7f2e0ab67bd

    Keep it quiet but I reckon a great puppy is the best possible investment you can ever make. What other investment costs you a thousand or two and a few weeks later you wouldn't sell for a million dollars !
    A dozen or so years of unconditional love for a couple of thousand bucks, the best investment you will ever make ?
    Last edited by Beagle; 13-03-2019 at 09:36 PM.
    No butts, hold no mutts, (unless they're the furry variety).

  2. #4667
    Guru peat's Avatar
    Join Date
    Aug 2004
    Location
    Whanganui, New Zealand.
    Posts
    4,557

    Default

    welcome aboard Beagle and sorry for your loss of a loved one.

    A busy day here today on this thread while I was driving to Jerusalem and back.
    Sellers definitely seem to have dried up with large price gaps between listed sellers.
    For clarity, nothing I say is advice....

  3. #4668
    An Awesome Cool Cat winner69's Avatar
    Join Date
    Jun 2001
    Location
    , , .
    Posts
    24,044

    Default

    Percy wanted you all to see this from another forum

    https://www.nzherald.co.nz/northern-...ectid=12211523

    Absolutely amazing success story ...percy can fill you in on the details
    “In a roaring bull market, knowledge is superfluous and experience is a handicap.”

    –Benjamin Graham”

  4. #4669
    An Awesome Cool Cat winner69's Avatar
    Join Date
    Jun 2001
    Location
    , , .
    Posts
    24,044

    Default

    Give the Turners Whangarei boss a rise —

    “We still provide the whole nine yards to customers – buy, sell, finance and insurance," Daley said.

    Possibly a Bruce Willis fan rather than something he learnt in a management course though I don’t know if the ‘last three feet’ is important these days.
    Last edited by winner69; 14-03-2019 at 09:58 AM.
    “In a roaring bull market, knowledge is superfluous and experience is a handicap.”

    –Benjamin Graham”

  5. #4670
    An Awesome Cool Cat winner69's Avatar
    Join Date
    Jun 2001
    Location
    , , .
    Posts
    24,044

    Default

    Good to see them getting out and promoting themselves to prospective investors

    Need all the help we can get in these dire times

    Hopefully enough enthusiasm shown to get punters to buy big ...should be in everybody’s portfolio ,,,$2,50 next week

    http://nzx-prod-s7fsd7f98s.s3-websit...936/296734.pdf
    “In a roaring bull market, knowledge is superfluous and experience is a handicap.”

    –Benjamin Graham”

  6. #4671
    Update Ready To Install
    Join Date
    Aug 2010
    Location
    Floating Anchor Shoals
    Posts
    7,811

    Default

    Great stuff, next time i snoop around the local Turners i may slap some stickers on all the cars in the back two rows

    FREE THERAPEUTIC MASSAGE WITH EACH PURCHASE

  7. #4672
    Legend minimoke's Avatar
    Join Date
    Mar 2005
    Location
    Christchurch, New Zealand.
    Posts
    6,375

    Default

    Quote Originally Posted by winner69 View Post
    Good to see them getting out and promoting themselves to prospective investors

    Need all the help we can get in these dire times

    Hopefully enough enthusiasm shown to get punters to buy big ...should be in everybody’s portfolio ,,,$2,50 next week

    http://nzx-prod-s7fsd7f98s.s3-websit...936/296734.pdf
    Alarm bells;

    "emerging company" (been around for a while now!
    "Forsyth BArr" (kiss of death)

  8. #4673
    ShareTrader Legend Beagle's Avatar
    Join Date
    Jul 2010
    Location
    Auckland
    Posts
    13,163

    Default

    Quote Originally Posted by winner69 View Post
    Good to see them getting out and promoting themselves to prospective investors

    Need all the help we can get in these dire times

    Hopefully enough enthusiasm shown to get punters to buy big ...should be in everybody’s portfolio ,,,$2,50 next week

    http://nzx-prod-s7fsd7f98s.s3-websit...936/296734.pdf
    Margins under pressure and loan delinquencies from higher risk loans worse than expected. Both these things are matters I fully expected and are probably already priced into the current share price but we live in interesting times so only time will tell.
    No butts, hold no mutts, (unless they're the furry variety).

  9. #4674
    Guru
    Join Date
    Apr 2003
    Location
    Wellington, New Zealand
    Posts
    3,179

    Default

    Quote Originally Posted by winner69 View Post
    Good to see them getting out and promoting themselves to prospective investors

    Need all the help we can get in these dire times

    Hopefully enough enthusiasm shown to get punters to buy big ...should be in everybody’s portfolio ,,,$2,50 next week

    http://nzx-prod-s7fsd7f98s.s3-websit...936/296734.pdf
    I like the quote on page 5 "Experienced management team with oversight from professional and engaged Board of Directors"

  10. #4675
    An Awesome Cool Cat winner69's Avatar
    Join Date
    Jun 2001
    Location
    , , .
    Posts
    24,044

    Default

    Quote Originally Posted by blackcap View Post
    I like the quote on page 5 "Experienced management team with oversight from professional and engaged Board of Directors"

    ...and they said they operate in Australia
    “In a roaring bull market, knowledge is superfluous and experience is a handicap.”

    –Benjamin Graham”

  11. #4676
    always learning ... BlackPeter's Avatar
    Join Date
    Aug 2007
    Location
    Canterbury
    Posts
    5,051

    Default

    Quote Originally Posted by winner69 View Post
    Good to see them getting out and promoting themselves to prospective investors

    Need all the help we can get in these dire times

    Hopefully enough enthusiasm shown to get punters to buy big ...should be in everybody’s portfolio ,,,$2,50 next week

    http://nzx-prod-s7fsd7f98s.s3-websit...936/296734.pdf
    The graph on slide 7 is telling - a highly cyclical market (low annual overseas regos are 50% of peak) and we are just moving down from the peak in 2017 ... that's still a long way to come down.

    TRAsnip..PNG

    And yes, I think they follow a good strategy supported by an unfortuntately not fully committed board. I don't see them crashing into the ground, but I would expect revenues and earnings to dip for some years to come. Will they be able to maintain the amazing dividends? Who knows?

    No doubt, though - they might come out stronger at the other end of the dip ...
    Last edited by BlackPeter; 14-03-2019 at 11:03 AM.
    ----
    "Prediction is very difficult, especially about the future" (Niels Bohr)

  12. #4677
    An Awesome Cool Cat winner69's Avatar
    Join Date
    Jun 2001
    Location
    , , .
    Posts
    24,044

    Default

    BlackPeter ..

    The graph on slide 7 is telling - a highly cyclical market (low annual overseas regos are 50% of peak) and we are just moving down from the peak in 2017 ... that's still a long way to come down.

    I though exactly the same thing ....hmm
    “In a roaring bull market, knowledge is superfluous and experience is a handicap.”

    –Benjamin Graham”

  13. #4678
    percy
    Join Date
    Oct 2009
    Location
    christchurch
    Posts
    13,325

    Default

    Quote Originally Posted by winner69 View Post
    Percy wanted you all to see this from another forum

    https://www.nzherald.co.nz/northern-...ectid=12211523

    Absolutely amazing success story ...percy can fill you in on the details
    Thanks W69.
    I am sure Ress Daley is no relation to that great motor trade dealer one "Arthur" Daley out of Minder.!!..lol.

  14. #4679
    percy
    Join Date
    Oct 2009
    Location
    christchurch
    Posts
    13,325

    Default

    Quote Originally Posted by Beagle View Post
    Margins under pressure and loan delinquencies from higher risk loans worse than expected. Both these things are matters I fully expected and are probably already priced into the current share price but we live in interesting times so only time will tell.
    The cause we know was MTF non-recourse loans.
    Turners tightened their lending criteria [april last year],so we should see these MTF loan impairments reducing.
    Car sales margins will remainunder pressure until BuyRight Cars old stock is completely cleared.
    Maybe we will see tighter margins on car sales in future,however finance,insurance,end of life logistics, and property development margins should remain sound.
    Last edited by percy; 14-03-2019 at 12:46 PM.

  15. #4680
    Legend Balance's Avatar
    Join Date
    Feb 2003
    Posts
    9,911

    Default

    Quote Originally Posted by minimoke View Post
    Alarm bells;

    "emerging company" (been around for a while now!
    "Forsyth BArr" (kiss of death)

    Interesting that with only 17 days left to go to year end, TRA is not prepared or able to give a trading update?

    Also, while the presentation slides of the half year results (Nov 2018) and the Forsake (Oops - Forbar) are substantially the same, there is one very interesting (and telling?) difference :

    1. Slide 4 of HY19 http://nzx-prod-s7fsd7f98s.s3-websit...417/291312.pdf

    "Expecting consolidation in the used car industry'

    Now turns to Slide 7 http://nzx-prod-s7fsd7f98s.s3-websit...936/296734.pdf

    Now "Correction / consolidation occurring in the dealer markets which is good for Turners med/long term"

    Good med/long term?????

    Clearly, TRA is being impacted short term then!

    And why should TRA expect to be a beneficiary when barriers to entry in the used car industry is so low?
    Last edited by Balance; 14-03-2019 at 01:38 PM.

Tags for this Thread

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •