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

[Beagle]

Correct
Sold at $3.35.
Been a great investment for them.
I am having a costly bad day by not owning a mobile phone.
Went to pay daughter's car rego,and having the usual long wait, missed the call from my broker offering me some at $3.35.
By the time I phoned back,they were gone.
Very expensive car rego at $3,152.05.!!!

You kids are old enough to do their own chores mate. Agree with what Winner has just said above.
Regarding the subject matter at hand am I the only one disappointed with the price ? If the company was doing so well and its prospects for 2018 so good why the need for a such a deep discount ?

[blackcap]

You kids are old enough to do their own chores mate. Agree with what Winner has just said above.
Regarding the subject matter at hand am I the only one disappointed with the price ? If the company was doing so well and its prospects for 2018 so good why the need for a such a deep discount ?

You are not the only one disappointed. I wonder why Hugh Green Investments are selling out now though. Maybe they need the cash? And $3.35 was all they could get for such a big stake in a short amount of time? Other than that any other theories are welcome.

[JeremyALD]

Omg what a fright I got today when I looked the depth and saw 47 million!!!!! Gosh $3.35 is super cheap but this stock has low liquidity so to sell that many shares I'm not suprised there was a massive discount. Anyone topping up? Seems good value.

[BlackPeter]

Omg what a fright I got today when I looked the depth and saw 47 million!!!!! Gosh $3.35 is super cheap but this stock has low liquidity so to sell that many shares I'm not suprised there was a massive discount. Anyone topping up? Seems good value.

Managed to top up slightly above 3.50. Better a small(er) gain than nothing ...

[sb9]

Correct
Sold at $3.35.
Been a great investment for them.
I am having a costly bad day by not owning a mobile phone.
Went to pay daughter's car rego,and having the usual long wait, missed the call from my broker offering me some at $3.35.
By the time I phoned back,they were gone.
Very expensive car rego at $3,152.05.!!!

Try doing it online, very easy also you can pay with credit card and the label arrives to your doorstep.

Sorry to digress...but I find going to post shop very cumbersome, time consuming and inconvenient not to mention their operating hours!!

[McGinty]

Correct
Sold at $3.35.
Been a great investment for them.
I am having a costly bad day by not owning a mobile phone.
Went to pay daughter's car rego,and having the usual long wait, missed the call from my broker offering me some at $3.35.
By the time I phoned back,they were gone.
Very expensive car rego at $3,152.05.!!!

Yes if I was offered some at $3.35, I would have been licking my lips.

I'm finding out of all my holdings, TRA is the most internally conflicting one to hold.

FA wise it's a 'steady as she goes' company with some good growth coming in soon to an already established business with great management. The problem is now the TA! Today's sell down has cause all sorts of TA fail signals (Price has broken $3.55 support & 200 SMA with an already negative MACD & DMI). My system uses a hybrid FA & TA approach so will mull over this for a bit as I feel the lack of liquidity in TRA causes the TA to not be as reliable as the liquid companies.

[JeremyALD]

Yes if I was offered some at $3.35, I would have been licking my lips.

I'm finding out of all my holdings, TRA is the most internally conflicting one to hold.

FA wise it's a 'steady as she goes' company with some good growth coming in soon to an already established business with great management. The problem is now the TA! Today's sell down has cause all sorts of TA fail signals (Price has broken $3.55 support & 200 SMA with an already negative MACD & DMI). My system uses a hybrid FA & TA approach so will mull over this for a bit as I feel the lack of liquidity in TRA causes the TA to not be as reliable as the liquid companies.

It's a strange chart in the last 6 months really. Seems to fly up to $3.90 after reports then come back down to $3.55 or so a few months after. I've been following it for a while and there isn't much liquidity, usually about 10K shares traded a day, sometimes less.

[percy]

Try doing it online, very easy also you can pay with credit card and the label arrives to your doorstep.

Sorry to digress...but I find going to post shop very cumbersome, time consuming and inconvenient not to mention their operating hours!!

Dear daughter handed me the form this morning.Her rego expires tomorrow.!!!!!!!!!!!!!!
My deafness makes it very difficult to hear on mobile phones.

[kizame]

Dear daughter handed me the form this morning.Her rego expires tomorrow.!!!!!!!!!!!!!!
My deafness makes it very difficult to hear on mobile phones.

But you can text and use the internet to follow your stocks,they can email you then too.

[ziggy415]

Well, yes - 19% of all TRA shares changing hand - will be interesting to see who the buyer is. The clock for 2 SSH's is ticking ...

always thought they would be a good fit for heartland