sharetrader
Page 359 of 365 FirstFirst ... 259309349355356357358359360361362363 ... LastLast
Results 5,371 to 5,385 of 5466
  1. #5371
    Update Ready To Install
    Join Date
    Aug 2010
    Location
    Floating Anchor Shoals
    Posts
    7,683

    Default

    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.
    Pictures are not deceiving here.Looks great , thanks Todd, great business case and costs savings there..
    Last edited by Joshuatree; 19-06-2019 at 03:43 PM.

  2. #5372
    Legend
    Join Date
    Feb 2003
    Posts
    9,634

    Default

    http://nzx-prod-s7fsd7f98s.s3-websit...288/301966.pdf

    So Paul has sold 703,000 shares on market so far.

  3. #5373
    percy
    Join Date
    Oct 2009
    Location
    christchurch
    Posts
    13,064

    Default

    Go back a page and find out why.

  4. #5374
    Legend
    Join Date
    Feb 2003
    Posts
    9,634

    Default

    Quote Originally Posted by percy View Post
    Go back a page and find out why.
    Convenient, isn't it?

  5. #5375
    Legend minimoke's Avatar
    Join Date
    Mar 2005
    Location
    Christchurch, New Zealand.
    Posts
    6,375

    Default

    Quote Originally Posted by Balance View Post
    http://nzx-prod-s7fsd7f98s.s3-websit...288/301966.pdf

    So Paul has sold 703,000 shares on market so far.
    You know what they say. How do you end up being a millionaire in the hospitality business. Start with $2m

  6. #5376
    An Awesome Cool Cat winner69's Avatar
    Join Date
    Jun 2001
    Location
    , , .
    Posts
    23,718

    Default

    Quote Originally Posted by Balance View Post
    http://nzx-prod-s7fsd7f98s.s3-websit...288/301966.pdf

    So Paul has sold 703,000 shares on market so far.
    With last weeks 77,000 shares and the 120,000 he’s sold to Hunter he’s hocked off 900,000 in total.

    Restaurants are expensive you know ......even more than normal if they have a deck area for dining.

    Obviously better prospects in food than selling cars
    “In a roaring bull market, knowledge is superfluous and experience is a handicap.”

    –Benjamin Graham”

  7. #5377
    Senior Member
    Join Date
    Jul 2015
    Location
    Napier
    Posts
    858

    Default

    Quote Originally Posted by minimoke View Post
    You know what they say. How do you end up being a millionaire in the hospitality business. Start with $2m
    I agree with hospitality it is so difficult to make money. Best to stick to what you know best. If you know nothing about hospitality you might need to sell a few more shares to keep the business afloat.

  8. #5378
    percy
    Join Date
    Oct 2009
    Location
    christchurch
    Posts
    13,064

    Default

    Quote Originally Posted by Ggcc View Post
    I agree with hospitality it is so difficult to make money. Best to stick to what you know best. If you know nothing about hospitality you might need to sell a few more shares to keep the business afloat.
    His history/ track record shows he is sticking to what he knows best.

    ps Forgot I was not bothering to post on this thread.Quess Todd brought me back.lol.
    Last edited by percy; 19-06-2019 at 05:21 PM.

  9. #5379
    An Awesome Cool Cat winner69's Avatar
    Join Date
    Jun 2001
    Location
    , , .
    Posts
    23,718

    Default

    Hope the others who have skin in the game haven’t decided that property (and restaurants) are a better bet...and decided that enough is enough and are moving on
    “In a roaring bull market, knowledge is superfluous and experience is a handicap.”

    –Benjamin Graham”

  10. #5380
    Legend
    Join Date
    Feb 2003
    Posts
    9,634

    Default

    Quote Originally Posted by winner69 View Post
    Hope the others who have skin in the game haven’t decided that property (and restaurants) are a better bet...and decided that enough is enough and are moving on
    First come, best dressed! Paul has taken some of his money out by selling some of the horrendously undervalued shares before others do?

    Restaurant trade? The late Anthony Bourdain wrote this :

    "TO WANT TO OWN a restaurant can be a strange and terrible affliction.

    What causes such a destructive urge in so many otherwise sensible people?

    Why would anyone who has worked hard, saved money, often been successful in other fields, want to pump their hard-earned cash
    down a hole that statistically, at least, will almost surely prove dry?

    Why venture into an industry with enormous fixed expenses (rent, electricity, gas, water, linen, maintenance, insurance,
    license fees, trash removal, etc.), with a notoriously transient and unstable workforce, and highly
    perishable inventory of assets?

    The chances of ever seeing a return on your investment are about one in five.

    What insidious spongiform bacteria so riddles the brains of men and women that they stand there on the tracks, watching the lights of the oncoming locomotive, knowing full
    well it will eventually run them over?

    After all these years in the business, I still don't know."

  11. #5381
    Member
    Join Date
    Nov 2016
    Posts
    163

    Default

    Quote Originally Posted by Balance View Post
    First come, best dressed! Paul has taken some of his money out by selling some of the horrendously undervalued shares before others do?

    Restaurant trade? The late Anthony Bourdain wrote this :

    "TO WANT TO OWN a restaurant can be a strange and terrible affliction.

    What causes such a destructive urge in so many otherwise sensible people?

    Why would anyone who has worked hard, saved money, often been successful in other fields, want to pump their hard-earned cash
    down a hole that statistically, at least, will almost surely prove dry?

    Why venture into an industry with enormous fixed expenses (rent, electricity, gas, water, linen, maintenance, insurance,
    license fees, trash removal, etc.), with a notoriously transient and unstable workforce, and highly
    perishable inventory of assets?

    The chances of ever seeing a return on your investment are about one in five.

    What insidious spongiform bacteria so riddles the brains of men and women that they stand there on the tracks, watching the lights of the oncoming locomotive, knowing full
    well it will eventually run them over?

    After all these years in the business, I still don't know."
    Yes, a bit like being run over by a MOA.

  12. #5382
    Member
    Join Date
    Nov 2016
    Posts
    163

    Default

    Quote Originally Posted by toddhunter View Post
    I will try again...hopefully that works Austen.
    Agreed the site is well placed with good visibility by the public. Being on "car alley" is also good for tyre kickers. Everything else is just aesthetics and as you say a matter of opinion. The people going to a fancy Porsche or Jaguar showroom down the road are not going to come this Turners yard anyway and the people who do come are more likely to avoid a fancy place because they know it just results in high prices.

  13. #5383
    An Awesome Cool Cat winner69's Avatar
    Join Date
    Jun 2001
    Location
    , , .
    Posts
    23,718

    Default

    Suppose selling one car a day (on average) at the Wellington site is a pretty good effort

    Would have to think there are quite a few really quiet days with no sales being made.
    “In a roaring bull market, knowledge is superfluous and experience is a handicap.”

    –Benjamin Graham”

  14. #5384
    percy
    Join Date
    Oct 2009
    Location
    christchurch
    Posts
    13,064

    Default

    Quote Originally Posted by winner69 View Post
    Suppose selling one car a day (on average) at the Wellington site is a pretty good effort

    Would have to think there are quite a few really quiet days with no sales being made.
    Certainly is.
    One complete stock turn every 5 or 6 weeks.

  15. #5385
    Legend
    Join Date
    Feb 2003
    Posts
    9,634

    Default

    Quote Originally Posted by percy View Post
    Certainly is.
    One complete stock turn every 5 or 6 weeks.
    Not as good as a restaurant though. Stock turn every 3 days!

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
  •