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

[couta1]

So anyway, here is the hot oil on the the respective values of the above 3 companies according to the Couta Theorum. TRA should be roughly $3.83 and HBL $1.91 relative to CMO, so as you can see it's currently significantly undervalued or CMO is overvalued, but I say it's not as HBL looks about right. Plenty of upside here aye Percy.

[couta1]

I think the Couta1 theory needs some tweaks for this sector mate. You need to shift your focus to the Total Return Analysis.

Your barking at the wrong car here mate, the Couta Theorum doesn't concern itself with such trivialities, its worked out using percentages and standard deviations and has proven it's salt over many years, watch this space over the next year.

[percy]

So anyway, here is the hot oil on the the respective values of the above 3 companies according to the Couta Theorum. TRA should be roughly $3.83 and HBL $1.91 relative to CMO, so as you can see it's currently significantly undervalued or CMO is overvalued, but I say it's not as HBL looks about right. Plenty of upside here aye Percy.

Yes.yes yes.
Great analysis.
I agree.
And certainly does show very easily the overvalued/undervalued stocks.

ps.Great pity I have to spread it around,before I can add to your reputation.Easier said than done.?..lol.

[winner69]

The market ‘rerating’ of Turners has been pretty savage

It’s market cap is now less than what it was back in August - in spite of the $30m cap raise and they continuing to make ‘solid’ profits

[percy]

The market ‘rerating’ of Turners has been pretty savage

It’s market cap is now less than what it was back in August - in spite of the $30m cap raise and they continuing to make ‘solid’ profits

'Growing solid" profits.
TRA's next update is eagerly awaited.
They they should be 'rerated' accordingly.
I am holding myself at the ready.!!

[winner69]

'Growing solid" profits.
TRA's next update is eagerly awaited.
They they should be 'rerated' accordingly.
I am holding myself at the ready.!!

Didn’t Newton, or was it Alan Parsons, have something to say about things going down and up

[percy]

Didn’t Newton, or was it Alan Parsons, have something to say about things going down and up

They are not alone.
A great number of posters on this site have plenty to say about it too.
Some even draw pretty pictures of it................lol.i

[sb9]

Sold out the remainder of my holding today after slowly selling down since the arrival of 'stick bug' issue. I think its going to hurt the second hand car market in the short to medium term.
Better use of funds elsewhere imo.

[Beagle]

Sold out the remainder of my holding today after slowly selling down since the arrival of 'stick bug' issue. I think its going to hurt the second hand car market in the short to medium term.
Better use of funds elsewhere imo.

Good move mate. Despite what Turners claim it's readily apparent that even good companies in this sector that really do have their sales and earnings growing at a solid rate like CMO are going to be affected by this.

[percy]

It always pays to read company's announcements.
I do.
Leaves me "well positioned."