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  1. #3961
    ShareTrader Legend Beagle's Avatar
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    Quote Originally Posted by couta1 View Post
    Not too negative overall, let the battle between Beagletron and the Percynator commence.
    I think we've gone the full 12 rounds already lol
    No butts, hold no mutts, (unless they're the furry variety).

  2. #3962
    percy
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    Quote Originally Posted by Beagle View Post
    http://www.sharechat.co.nz/article/c...r-downturnhtml

    Company spokesman will put a positive spin on this somehow.
    Thanks for the link.
    Makes the doomsayers look ridiculous.

  3. #3963
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    Not at all. Makes the supporters saying things are going great look like they have rose coloured glasses.
    6% sales decline on how many more vehicle sales sites and based on what percentage increase in shares on issue ? When you look at the sales decline on an objective basis things are bad.
    The only numbers that are growing strongly are directors fees lol
    No butts, hold no mutts, (unless they're the furry variety).

  4. #3964
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    Quote Originally Posted by Beagle View Post
    I think we've gone the full 12 rounds already lol
    Good news really — USED CAR DEMAND STRONG
    “In a roaring bull market, knowledge is superfluous and experience is a handicap.”

    –Benjamin Graham”

  5. #3965
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    To be clear we are talking about a same stores sales decline of well over 10%. If KMD, HLG or any other retailer had of reported "strong" demand like that their SP would have been smashed. Just as well TRA have a share buy-back program going isn't it !
    Bit like SUM telling us demand for units is strong eh...but because of "insert their very latest excuse" actual sales didn't happen. See a pattern here Winner ?
    Last edited by Beagle; 10-01-2019 at 12:44 PM.
    No butts, hold no mutts, (unless they're the furry variety).

  6. #3966
    percy
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    1.13 million used cars sold in 2018,down only 0.76% on the previous year.ie under 1%.
    "The start of 2019 is looking like it will be positive for the industry."
    Agreed.!

  7. #3967
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    Industry down 6% .....Turners growing share could mean they are ahead.
    “In a roaring bull market, knowledge is superfluous and experience is a handicap.”

    –Benjamin Graham”

  8. #3968
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    Quote Originally Posted by percy View Post
    1.13 million used cars sold in 2018,down only 0.76% on the previous year.ie under 1%.
    "The start of 2019 is looking like it will be positive for the industry."
    Agreed.!
    Yesterday you told us the ports of Auckland was log- jammed and overloaded with new stock coming in from Asia and couldn't keep up with demand lol
    How can 2019 be positive for the industry if they can't get stock ?

    Winner, maybe, but maybe not. Maybe TRA's sales are worse than industry average as more and more people buy through Trade Me ?
    Last edited by Beagle; 10-01-2019 at 01:06 PM.
    No butts, hold no mutts, (unless they're the furry variety).

  9. #3969
    percy
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    Check out POA gridlock for yourself.
    I just heard about it from a ship's officer trying to get his car carrier ship into POA.
    Turners have been quiet clear they are sourcing more stock within NZ.
    New and better located sites will mean more market share gain,together with the 120 additional finance originators added in the past 6 months, TRA finance and insurance should be "well postioned."

  10. #3970
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    This strong demand for cars helping Turners share price today

    A close at 240 would be a ytd high.
    “In a roaring bull market, knowledge is superfluous and experience is a handicap.”

    –Benjamin Graham”

  11. #3971
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    Percy I know you're incredibly busy with your spokesman roles at TRA and HGH but...that Xavior Simonet guy at KMD really needs your help. Crikey just a 1% sales decline on same store sales and their share price has been absolutely pummelled. The thread desperately needs some of your very special "Percy Perception" and that could be another paid role to supplement your retirement income
    Last edited by Beagle; 10-01-2019 at 03:49 PM.
    No butts, hold no mutts, (unless they're the furry variety).

  12. #3972
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    Xavior is beyond my help.
    Seasonal product.Basically only two seasons.Cars are for all seasons.
    KMD do not own any of their properties they operate from.Beholden to landlords.TRA have the capacity to develope their own,which they can book the developement margin.I guess the newish site a Wiri has more than doubled in value.[say over $7mil,although I doubt they will sell it]
    KMD do not have a finance company,which has grown by 120 new originators over the past 6 months alone.So even if sales are down at KMD they could earn extra from other retailers,as TRA do for another 2 or 3 years,on each sale..
    KMD do not offer insurance.Again another ticket TRA clip,for 2 or 3 years,again not only on their own sales,but other retailers' sales.
    KMD do not offer service on goods they sell.Yet another ticket TRA clip.Ongoing.
    KMD do not clip the ticket on end of life gear.Big business with NZ's old fleet and crashed cars for TRA.
    KMD are trying to take on the world.TRA have more modest aspirations.

    ps.Never ever have anything to do with a business that sells shoes.
    Last edited by percy; 13-01-2019 at 08:46 AM.

  13. #3973
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    And going X dividend on the 21st

  14. #3974
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    All said and done, for this day? Good. I will leave you with my grassy knoll brokers research note out with a t/p of $2.70 and 2019 Div forecast of 9.9%. Nitey nite ,sleep tight, dont let the stinkbugs bite!
    Last edited by Joshuatree; 10-01-2019 at 09:22 PM.

  15. #3975
    percy
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    Well with the holiday season proving to be yet another season of share madness and carnage on our roads,I expect Turners will be flat out managing the logistics and sales of vehicles written off by insurance companies.
    Another profitable "ticket" Turners clip.

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