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

[percy]

I note Carsales.com in Australia are selling their 50.1% in Stratton Finance.

[winner69]

I note Carsales.com in Australia are selling their 50.1% in Stratton Finance.

Carsales recentky wrote the value of that finance interest down by ~A$50m ...maybe Turners night need to ‘adjust’ the value of their finance arm.

Carsales.com.au don’t sell cars - they’re a media/ advertising company aren’t they?

[percy]

Carsales recentky wrote the value of that finance interest down by ~A$50m ...maybe Turners night need to ‘adjust’ the value of their finance arm.

Carsales.com.au don’t sell cars - they’re a media/ advertising company aren’t they?

The sale price of Oxford Finance will be of great interest to all Turners shareholders,to see whether it is sold at a discount or a premium .

[Balance]

[QUOTE=percy;762704]

MOA is Ross's project while TRA is Baker's.
I do not follow MOA so can not comment.
TRA I do follow, and my research tells me they will turn out an excellent investment.I have always backed myself .

Good on you, Percy but you are not backing yourself really - you are backing Baker.

I read somewhere that he does not even bother to attend and chair the AGM?

[winner69]

[QUOTE=Balance;762845]

Good on you, Percy but you are not backing yourself really - you are backing Baker.

I read somewhere that he does not even bother to attend and chair the AGM?

That’s right

He gives the impression that Turners is just too hard .....hasn’t found a buyer ....and just wants out as quickly as he can

[percy]

[QUOTE=Balance;762845]

Good on you, Percy but you are not backing yourself really - you are backing Baker.

I read somewhere that he does not even bother to attend and chair the AGM?

Been dug up a long time ago.ie you are flogging a dead horse.
As The Chairman of NZ's largest second hand car retailer he is a "motorhead" who had arranged to attend a Ferrari do overseas.
The board altered the date of the agm,ie held it a different week than normal.
As a shareholder I am really happy having a "petrol head" as chairman,and only wish I was invited to a Ferrari do.Would not miss it for all the tea in China.!
Perhaps you should avail yourself of the opportunity to make a worthwhile current contribution to this thread,by going out to Archers Road on the North Shore, and reporting on the progress being made of Turners new site.From early photos I have seen it looks impressive.

[winner69]

[QUOTE=percy;762867]

Been dug up a long time ago.ie you are flogging a dead horse.
As The Chairman of NZ's largest second hand car retailer he is a "motorhead" who had arranged to attend a Ferrari do overseas.
The board altered the date of the agm,ie held it a different week than normal.
As a shareholder I am really happy having a "petrol head" as chairman,and only wish I was invited to a Ferrari do.Would not miss it for all the tea in China.!
Perhaps you should avail yourself of the opportunity to make a worthwhile current contribution to this thread,by going out to Archers Road on the North Shore, and reporting on the progress being made of Turners new site.From early photos I have seen it looks impressive.

Not intending to go to Auckland in foreseeable future

Might pop in to Basin Reserve later

[percy]

[QUOTE=winner69;762896]

Not intending to go to Auckland in foreseeable future

Might pop in to Basin Reserve later

Was addressed to Balance,whom I thought lives in Auckland.
Update from Basin Reserve would be welcome too if you can.

[Balance]

[QUOTE=percy;762901]

Was addressed to Balance,whom I thought lives in Auckland.
Update from Basin Reserve would be welcome too if you can.

Netflix does not need flash premises?

[percy]

[QUOTE=Balance;762917]

Netflix does not need flash premises?

Fantastic news.!
Yet when Turners rebrand,relocate or open a new branch they increase sales.
That is why it is important to view their new sites.