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  1. #5361
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    Quote Originally Posted by winner69 View Post
    I see the name Graham Learning on that disclosure of Todd Turner

    Is that the same Graham Learning that’s the CFO of Skellerup?
    3 names, 2 presumably husband and wife, a third independent. Trustees for a trust?

    Ah yes I see, Stanmore Trust.

  2. #5362
    Speedy Az winner69's Avatar
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    Quote Originally Posted by blackcap View Post
    Did Paul Byrnes lose a bet to Todd Hunter? Trying to figure this one out..

    http://nzx-prod-s7fsd7f98s.s3-websit...177/301827.pdf
    Chairman Key sells his bach to CEO Hisco

    (Stand in) Chairman Byrnes still some shares to CEO Hunter
    Last edited by winner69; 19-06-2019 at 08:15 AM.
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  3. #5363
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    Quote Originally Posted by winner69 View Post
    Chairman Key sells his Bach to CEO Hisco

    (Stand in) Chairman Byrnes still some shares to CEO Hunter
    I see a pattern developing here. Lets hope that Hunter Turners is not using his own firms elite market cars to travel around the country in style.

  4. #5364
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    Afternoon all...a few comments from me which might be helpful.

    Paul Byrnes is selling down some of his shares to settle on a property and fund a new restaurant he is an investor in. I am happy to purchase more shares because I believe in the company and the strategy.
    The shares have been purchased in the name of my family trust...trustees are my wife, myself and Graham Leaming (yes he is the CFO @ Skellerup)
    I am definitely not travelling around the country in elite cars owned by Turners...and I don't have a wine collection worth storing. I do drive the odd Turners car from Palmerston North to Levin where we have an Oxford office...I certainly wouldn't describe these as "elite" vehicles...more "value for money" vehicles.

    Comments on Wellington City operation - we sell a mixture of makes and models, and a mix of consignment and owned stock. The consignment stock will definitely have little or no reconditioning spend on the vehicle, but should be priced accordingly compared to the alternatives further down Cambridge Terrace. Consignment vendors typically want to spend as little as possible on their cars. We lease the site off Transit NZ and was only ever designed to be temporary in nature (IE less than 5 years) which is why we have used the container setup. We have received a lot of positive comments about how this looks but I understand aesthetically not everyone will think we have aced this. The value for us was in very visible profile of the site for branding, and to help customers understand we "retail" cars as well as auction cars...we are averaging 30 sale per month from this yard. The photos give you a sense for the location, and the stock on the yard which was taken in the last 7 days...definitely not all European cars.


    Attachment 10625Attachment 10626Attachment 10627

  5. #5365
    percy
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    Todd,
    Thank you for your comments.
    Unfortunately the attachment did not work for me.

    ps
    Investment news publication "The Headliner", has a positve article on Turners, according to a friend.He is dropping it off next week for me to read.
    .

  6. #5366
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    Looks like there are supposed to be three attachments - I can't open any of them I'm afraid.

  7. #5367
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    I will try again...hopefully that works Austen.

    Attachment 10630
    Attachment 10629
    Attachment 10628
    Last edited by toddhunter; 19-06-2019 at 02:16 PM.

  8. #5368
    percy
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    Quote Originally Posted by toddhunter View Post
    I will try again...hopefully that works Austen.

    Attachment 10630
    Attachment 10629
    Attachment 10628
    Thanks Todd,
    Worked perfectly.
    Looks "the business" to me.
    Interesting comments about branding and the fact Turners "retail" cars ,as well as auctioning them.
    Last edited by percy; 19-06-2019 at 02:38 PM.

  9. #5369
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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.
    Pictures are not deceiving here.Looks great , thanks Todd, great business case and costs savings there..
    Last edited by Joshuatree; 19-06-2019 at 02:43 PM.

  10. #5370
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    http://nzx-prod-s7fsd7f98s.s3-websit...288/301966.pdf

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

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