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  1. #5321
    percy
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    I note Carsales.com in Australia are selling their 50.1% in Stratton Finance.

  2. #5322
    Speedy Az winner69's Avatar
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    Quote Originally Posted by percy View Post
    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?
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  3. #5323
    percy
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    Quote Originally Posted by winner69 View Post
    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 .

  4. #5324
    Legend Balance's Avatar
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    [QUOTE=percy;762704]
    Quote Originally Posted by Balance View Post

    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?

  5. #5325
    Speedy Az winner69's Avatar
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    [QUOTE=Balance;762845]
    Quote Originally Posted by percy View Post

    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
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  6. #5326
    percy
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    [QUOTE=Balance;762845]
    Quote Originally Posted by percy View Post

    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.
    Last edited by percy; 14-06-2019 at 09:39 AM.

  7. #5327
    Speedy Az winner69's Avatar
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    [QUOTE=percy;762867]
    Quote Originally Posted by Balance View Post

    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
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  8. #5328
    percy
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    [QUOTE=winner69;762896]
    Quote Originally Posted by percy View Post

    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.

  9. #5329
    Legend Balance's Avatar
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    [QUOTE=percy;762901]
    Quote Originally Posted by winner69 View Post
    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?

  10. #5330
    percy
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    [QUOTE=Balance;762917]
    Quote Originally Posted by percy View Post

    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.
    Last edited by percy; 14-06-2019 at 11:29 AM.

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