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- TRA - Turners Automotive Group [previously TNR - Turners Limited]
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19-06-2019, 04:50 PM
#5371
Go back a page and find out why.
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19-06-2019, 04:54 PM
#5372
Originally Posted by percy
Go back a page and find out why.
Convenient, isn't it?
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19-06-2019, 04:55 PM
#5373
Originally Posted by Balance
You know what they say. How do you end up being a millionaire in the hospitality business. Start with $2m
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19-06-2019, 04:58 PM
#5374
Originally Posted by Balance
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
”When investors are euphoric, they are incapable of recognising euphoria itself “
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19-06-2019, 05:06 PM
#5375
Originally Posted by minimoke
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.
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19-06-2019, 05:18 PM
#5376
Originally Posted by Ggcc
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.
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19-06-2019, 05:20 PM
#5377
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
”When investors are euphoric, they are incapable of recognising euphoria itself “
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19-06-2019, 05:36 PM
#5378
Originally Posted by winner69
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."
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19-06-2019, 05:43 PM
#5379
Originally Posted by Balance
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.
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19-06-2019, 05:55 PM
#5380
Originally Posted by toddhunter
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.
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