- Forum
- Markets
- NZX
- TRA - Turners Automotive Group [previously TNR - Turners Limited]
-
19-01-2019, 05:51 PM
#4021
Originally Posted by winner69
I feel honoured .....just got a message saying Porirua and Wellington yards will be open Monday even though a public holiday
As a shareholder pleased my staff are clipping tickets on a public holiday ...hope they are busy as
So do I...................lol.
-
20-01-2019, 04:33 PM
#4022
Ecclesiastes 11:2: Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.
Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
-
20-01-2019, 05:06 PM
#4023
Originally Posted by Beagle
Likely Lime users not in the used car market anyway
No threat to Turners here
Might even see Line users say to themselves heck owing a car might be a good idea ...good for Turners
When investors are euphoric, they are incapable of recognising euphoria itself
-
20-01-2019, 05:29 PM
#4024
Going to be interesting seeing what "the disruption" Lime Scooters cause.
So far the business model looks fantastic to me,although a cold winter here will be the test.
I am noticing most of the users appear to be under 20,and a lot of school aged teens.Well in my area.
My first thoughts are ChCh buses will lose a lot of custom.Whether or not this means a reduction in bus services, time will tell.Reduction of bus services will see more cars on the road.
May even see out of town residents driving into ChCh, and leaving their car out of the central city, and getting to work on a Lime Scooter.
I do not see either Toyota or Ford stopping producing cars and building scooters anytime soon.
Interesting noting Motor Trade Finance, Moorhouse Ave, is owned by two very experience ex car dealers,Simon O'Connell, and Brent Robertson [Brents Toyota].Perhaps financing is more profitable?
Last edited by percy; 20-01-2019 at 05:48 PM.
-
20-01-2019, 05:53 PM
#4025
Chch and Auckland very different markets Percy. Huge amount of major new multi level housing developments (very intensive zoning allowed by Auck Council) going on very close to existing transport infrastructure, (train and bus stations). Overseas research is showing more and more young people are more keyed in to having the latest smart phone than wanting a car and if its easy and cheap to catch public transport and then use a Lime scooter or some other ride share platform that's what they'll increasingly be doing. I think the Lime scooters are a bit of a game changer for public transport because previous people who were reluctant to use it because of the walk from the train station to work have had that problem solved for them. The daily cost of parking in central Auckland has gone from expensive to completely ridiculous. I see Lime and their ride sharing ilk as having meaningful long term demand implications for customers of the type that might previously have bought a cheap second hand car.
Ecclesiastes 11:2: Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.
Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
-
20-01-2019, 06:00 PM
#4026
Yes I think we will all be watching this space with interest.
Lime planes could save the hassle of airports.?
Last edited by percy; 20-01-2019 at 06:01 PM.
-
20-01-2019, 06:02 PM
#4027
Originally Posted by winner69
Likely Lime users not in the used car market anyway
No threat to Turners here
Might even see Line users say to themselves heck owing a car might be a good idea ...good for Turners
They might have been if Lime wasn't so incredibly convenient for them. 1.2 million rides in such a short time tells you this Lime movement has real momentum
https://www.nzherald.co.nz/business/...ectid=12191975 I would imagine from what I have seen its mostly young people might have otherwise bought a cheap car...old Beagles wouldn't dare ride one...balance is hopeless
Last edited by Beagle; 20-01-2019 at 06:06 PM.
Ecclesiastes 11:2: Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.
Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
-
20-01-2019, 06:31 PM
#4028
Originally Posted by percy
Yes I think we will all be watching this space with interest.
Lime planes could save the hassle of airports.?
Saw a few of these on the weekend. Lime Paramotor's, the quick way of getting to the Airport coming to your city soon
https://www.youtube.com/watch?v=jMUfkVsghrY Go on Percy, give one a go !
Ecclesiastes 11:2: Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.
Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
-
20-01-2019, 07:22 PM
#4029
-
20-01-2019, 07:42 PM
#4030
You Old Limers haven't looked into the cost yet have you? https://www.stuff.co.nz/business/mon...me-escootering. Once the novelty wears off and the weather gets worse, the costs will put off a lot of people. Or so my <20's kids are telling me. Uber, that's their favourite go to transport. Or train, or bus in the city. Fancy Lime Scooters being more expensive than all of them.
Not sure what this has to do with TRA.
Tags for this Thread
Posting Permissions
- You may not post new threads
- You may not post replies
- You may not post attachments
- You may not edit your posts
-
Forum Rules
|
|
Bookmarks