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

[winner69]

That just means Craig's want the price to drop on those companies so their clients can get some cheap shares, I see no strong headwinds facing TRA and are in accumulation mode, let it drop. PS-My average buy price is now the same as yours was.

So Craig’s want punters to sell TRA so their clients can buy cheaper ......and also encouraging the same punters to buy ATM with that outrageous target (so their clients can sell out before it drops more?)

Is that how the game works?

[couta1]

So Craig’s want punters to sell TRA so their clients can buy cheaper ......and also encouraging the same punters to buy ATM with that outrageous target (so their clients can sell out before it drops more?)

Is that how the game works?

It's all about ticket clipping mate.

[percy]

At the recent Turners' roadshow there were no Christchurch brokers, or local fund managers' analysts.?I therefore think I am a lot better informed on TRA's prospects than they are.!!!.
Local broker Hamilton, Hindin, Greene, are hosting a TRA presentation next Tuesday night,so I guess their brokers will be in attendance,
A couple of my friends are attending,so I look forward to hearing their comments.

[RupertBear]

That just means Craig's want the price to drop on those companies so their clients can get some cheap shares, I see no strong headwinds facing TRA and are in accumulation mode, let it drop. PS-My average buy price is now the same as yours was.

Hmm I have always taken Craigs recomendations at face value. Maybe I am completely naive but surely manipulating their clients that way would be unethical and it would actually p**s their clients off? . Personally I find their research reports quite helpful and I do take them into account as PART of my research. When it comes to TRA however I very strongly value Percys opinion based on his knowlegde of the industry and his thorough research.

Yes Mr Beagle the research was for clients so no link.

Thanks for buying my shares Couta I hope you do well out of them. You are a much braver investor than me and tolerate big red arrows better than me. Unfortunately my personal circumstances have changed and I have no income atm so my risk tolerance has gone down. Hence my selling when I did. And before people start telling me I shouldnt be investing in shares, yes I know but I am "well positioned" so "no worries"

[Yoda]

Hmm I have always taken Craigs recomendations at face value. Maybe I am completely naive but surely manipulating their clients that way would be unethical and it would actually p**s their clients off? . Personally I find their research reports quite helpful and I do take them into account as PART of my research. When it comes to TRA however I very strongly value Percys opinion based on his knowlegde of the industry and his thorough research.

Yes Mr Beagle the research was for clients so no link.

Thanks for buying my shares Couta I hope you do well out of them. You are a much braver investor than me and tolerate big red arrows better than me. Unfortunately my personal circumstances have changed and I have no income atm so my risk tolerance has gone down. Hence my selling when I did. And before people start telling me I shouldnt be investing in shares, yes I know but I am "well positioned" so "no worries"

I agree with your comments about Craigs. I understand the more they get people to trade the more money they make whether it goes up or down. But I cannot see them doing it that way as there would be a huge loss of confidence in there company.

Secondly ,if you have 5000 shares and sell them at $3 15 , and buy back at 3:10 or even 313 you will have made money right? Buy back at 3:10. It doesn't always work though obviously😎 you might miss the jump

[minimoke]

At the recent Turners' roadshow there were no Christchurch brokers, or local fund managers' analysts.?.

That is appalling. No wonder I dont use the sods.

[Beagle]

In fairness to Craigs they have a limited amount of resource and a large number of companies to cover. I agree with Percy that those who have taken the time to attend the investor roadshow and listened carefully are in a good position to understand the prospects for TRA.
The business confidence thing I was talking about yesterday will have a material impact on high end vehicle sales as most of these are sold to business's.
60% of Turners sales are for vehicles under $10K, 80% under $20K. The vast majority of these sales are undertaken with finance assistance.

The vast majority of these sales are non discretionary, the customer needs that car.

[winner69]

That is appalling. No wonder I dont use the sods.

Brokers / fundies have private hearings mini ...don’t mix with the riff raff

[percy]

Brokers / fundies have private hearings mini ...don’t mix with the riff raff

Some do,most do not.
The trust I help out on was advised to sell our SCL and EBO as the broker firm did not cover them.!!!
Their best blue was advising to sell CCC [cavotec] on the morning of their agm.
May be the brokers could be called riff raff.!???

[minimoke]

Brokers / fundies have private hearings mini ...don’t mix with the riff raff

Its the rif raff who use their services - should have been a good opportunity to get a feel for their fee paying customers.