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- TRA - Turners Automotive Group [previously TNR - Turners Limited]
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06-11-2017, 02:05 PM
#1871
 Originally Posted by JeremyALD
Sub $3 on the cards?
Depends when a certain poster on here runs out of money to keep trying to prop it up.
Last edited by Beagle; 06-11-2017 at 02:07 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
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06-11-2017, 02:10 PM
#1872
Originally Posted by percy
PS.Anyone who does not understand that appointing the right people and giving them the tools to the job,will not led to a better business, would be well advised to read Ian Fallon's book "Billionaire,The Life and Times of Sir James Goldsmith".
Or The Mainfreight story.
Yes I do understand where you are coming from Perc.. However .. As Beagle points out... The price has gone no where.. No where but down.. For years.
Would not your investment be better placed as you " Follow " .. TRA !!!!!... Waiting for the action to begin ??????.
Disc. Very minor..... Make that very, very, minor holding. ( I get the reports )....
Last edited by janner; 06-11-2017 at 02:18 PM.
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06-11-2017, 02:36 PM
#1873
Think of a vegetable garden.Toil the soil,add the right manure,plant the right plants,give it the right amount of water and you will be well rewarded.
Same with businesses.
TRA have done all the right things.
The rewards will come.
I just don't know when.
Perhaps the half year result, which is due within the next month, will give us the/some answers.
You will note the imputated divie has been increasing,and is now paid quarterly.
Last edited by percy; 06-11-2017 at 02:38 PM.
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06-11-2017, 05:19 PM
#1874
The answer lies in the soil eh !!!
Around the Horn ??? Never missed an episode.. :-)))
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06-11-2017, 05:30 PM
#1875
Originally Posted by janner
The answer lies in the soil eh !!!
Around the Horn ??? Never missed an episode.. :-)))
Just between us, I think their results will show they were planting by the moon calendar".
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20-11-2017, 05:26 PM
#1876
“ At the top of every bubble, everyone is convinced it's not yet a bubble.”
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20-11-2017, 05:43 PM
#1877
Turners result will be announced on Tuesday 28th November.
Thanks W69.And yes TRA are "well positioned".
The car dealers love non-recourse loans.Gets the liability off their balance sheet.
Just another ticket to clip for Turners.
They are big ticket clippers.!
Last edited by percy; 20-11-2017 at 05:45 PM.
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24-11-2017, 02:47 PM
#1878
Originally Posted by percy
Turners result will be announced on Tuesday 28th November.
Thanks W69.And yes TRA are "well positioned".
The car dealers love non-recourse loans.Gets the liability off their balance sheet.
Just another ticket to clip for Turners.
They are big ticket clippers.!
Sure does bode well for upcoming results next week.
Decent volumes y'day and today with few large off-market transactions at 3.15.
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28-11-2017, 09:39 AM
#1879
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28-11-2017, 09:44 AM
#1880
Originally Posted by LAC
Yes, pretty solid numbers overall....
"Revenue was $163.8m for the six months (HY17: $113.9m), while Net Profit Before Tax (NBPT) increased to $14.2m (HY17: $11.8m). Net Profit After Tax was $10.0m, up 18% on the previous half year (HY17: $8.5m)."
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