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

[percy]

A lot coming on stream.
Two new truck and machinery sites,in Wiri and Palmerston North are now operational,and an additional site is being developed in Hamilton.
New Turners Car Sales site is being developed in Porirua,and a new site acquired in Whangerei.
A new Buy Right site is under development in Penrose.
All these new sites will add to sales of not only truck,equipment and cars,but also finance and insurance.
It will also be interesting to see how Turners account for their development profits.In the longer term, I wonder whether they will realise these profits by sale and lease back of the properties.
Exciting future,and good see the funds raised being put to good use.

The very strong "Turners" brand means these sites are up and running very quickly,meaning a return on capital almost straight away.
The add on finance and insurance products, are already set up,so Turners are clipping these tickets straight away too.
I would expect the same for the "Buy Right Cars" brand in Auckland.
Whether Turners take Buy Right Cars nationally,we will have to wait to find out.

[percy]

Looks as though the TRA train is about to leave the station.
Final call,all aboard..toot toot.!!

[couta1]

Looks as though the TRA train is about to leave the station.
Final call,all aboard..toot toot.!!

Trouble is, it left the station a year ago but had to return to it's origin for running repairs, passengers have spent a long time in the departure longue meantime, waiting for another departure schedule. PS-Hope those repairs will allow punters to get further along the tracks this journey.

[percy]

Trouble is, it left the station a year ago but had to return to it's origin for running repairs, passengers have spent a long time in the departure longue meantime, waiting for another departure schedule. PS-Hope those repairs will allow punters to get further along the tracks this journey.

New engine,new carriages.
Toot toot.
I fuelled up while the sp was on special.!
Well positioned.

[winner69]

New engine,new carriages.
Toot toot.
I fuelled up while the sp was on special.!
Well positioned.

Can we please keep trains out of the discussion ......Turners seem to be into motor vehicles

[sb9]

Yes, it does appear the motor cars are about to hit the expressway.

It took almost a week for the punters to realise its potential.

[percy]

Can we please keep trains out of the discussion ......Turners seem to be into motor vehicles

Did you miss the bus.?

[sb9]

I fuelled up while the sp was on special.!
Well positioned.

Likewise, doubled my holdings a week before the results...

[percy]

Likewise, doubled my holdings a week before the results...

All I can think is we are "well postioned."...............lol.

[winner69]

Did you miss the bus.?

Lot of buses to catch these days .....can’t catch them all can we .....have to get on the fastest bus I reckon.