TRA - Turners Automotive Group [previously TNR - Turners Limited]

[percy]

Milford crystallising some of their losses with Turners
http://nzx-prod-s7fsd7f98s.s3-websit...509/294850.pdf

Will be interesting to see whether they continue to "Crystallise" further losses.?

[sb9]

Will be interesting to see whether they continue to "Crystallise" further losses.?

Code for depressed sp for a while...

[percy]

Code for depressed sp for a while...

Certainly will be should they decide to sell the 6,020,821 they still own.

[sb9]

Certainly will be should they decide to sell the 6,020,821 they still own.

Or part of it, and real trouble is when they go under 5% threshold then we wouldn't even know who's doing the damage as they don't have to report.

[couta1]

At least we know who is selling and fortunately I don't rate them as Guru's, actually far from it.

[Beagle]

Will be interesting to see whether they continue to "Crystallise" further losses.?

There seems to be an almost inexhaustible supply at $2.33. In my opinion they will keep on keeping on selling and the price is effectivity capped despite the buyback.

[percy]

Maybe.
The shares they have sold ,appear to be the ones the brought, refer their announcement 12th March last year.
Perhaps their next announcement may state they brought these ones back.!!
They do appear to be "Beagles" ie they keep changing their minds...lol.
"Investors" may be best to ignore their shareholder notices?

[Beagle]

Beagles pretty cunning at sniffing out the next feed. Milford more like a lame 3 legged half blind pig dog at times and one that won't follow rules lol

[Ggcc]

I am looking for an entry point, but every time I think about it the price drops to a new low. That sort of stuff scares me off even though the company is running a fantastic profit. PS The mrs bought a car from Turners recently and the service was great and quick. On another note, it was sad, but good to see that when a couple were looking at buying were declined to purchase a car on finance. Good to see they don't want to sell a car to anyone.

[couta1]

I am looking for an entry point, but every time I think about it the price drops to a new low. That sort of stuff scares me off even though the company is running a fantastic profit. PS The mrs bought a car from Turners recently and the service was great and quick. On another note, it was sad, but good to see that when a couple were looking at buying were declined to purchase a car on finance. Good to see they don't want to sell a car to anyone.

The main trading over the last while has been at $2.33 with a few going through at $2.32,you would have to think that the bottom is pretty much in given the higher than normal volume of late.PS-Happy to snap a few more up at $2.32.