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- TRA - Turners Automotive Group [previously TNR - Turners Limited]
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14-06-2019, 08:06 AM
#5321
I note Carsales.com in Australia are selling their 50.1% in Stratton Finance.
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14-06-2019, 08:45 AM
#5322
Originally Posted by percy
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.”
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14-06-2019, 08:58 AM
#5323
Originally Posted by winner69
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 .
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14-06-2019, 09:02 AM
#5324
[QUOTE=percy;762704]
Originally Posted by Balance
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?
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14-06-2019, 09:06 AM
#5325
[QUOTE=Balance;762845]
Originally Posted by percy
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.”
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14-06-2019, 10:21 AM
#5326
[QUOTE=Balance;762845]
Originally Posted by percy
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 10:39 AM.
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14-06-2019, 11:20 AM
#5327
[QUOTE=percy;762867]
Originally Posted by Balance
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.”
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14-06-2019, 11:30 AM
#5328
[QUOTE=winner69;762896]
Originally Posted by percy
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.
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14-06-2019, 12:07 PM
#5329
[QUOTE=percy;762901]
Originally Posted by winner69
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?
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14-06-2019, 12:11 PM
#5330
[QUOTE=Balance;762917]
Originally Posted by percy
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 12:29 PM.
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