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  1. #3041
    Speedy Az winner69's Avatar
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    Quote Originally Posted by winner69 View Post
    Make sure you use sophisticated lingo like ‘colour’,’appetite’, ‘optics’ etc ......that’ll confuse the car salesmen
    Beagle ......proud of you. Pity you and others didn’t really get good answers

    Have watched a replay .......you can see why the share price is where it is (even though fairly valued and not cheap)

    Neighbour’s impression was the company just seems to lurch from one problem to the next and have spent a lot of time solving them and reckon that next year they will telling shareholders about another series of problems. As a newish shareholder he didn’t seem too impressed.
    Last edited by winner69; 26-09-2018 at 03:27 PM.
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  2. #3042
    percy
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    Quote Originally Posted by winner69 View Post
    Beagle ......proud of you. Pity you and others didn’t really get good answers

    Have watched a replay .......you can see why the share price is where it is (even though fairly valued and not cheap)

    Neighbour’s impression was the company just seems to lurch from one problem to the next and have spent a lot of time solving them and reckon that next year they will telling shareholders about another series of problems. As a newish shareholder he didn’t seem too impressed.
    Trust you told the neighbour that is what business is all about.The successful business identifies problems and fixes them,all the time delivering on their [growth] strategy.
    Get him to read The Mainfreight History.Over coming "real" problems,and still continuing to do so.
    Last edited by percy; 26-09-2018 at 03:40 PM.

  3. #3043
    Legend minimoke's Avatar
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    Quote Originally Posted by percy View Post
    Trust you told the neighbour that is what business is all about.The successful business identifies problems and fixes them,all the time delivering on their [growth] strategy.
    Get him to read The Mainfreight History.Over coming "real" problems,and still continuing to do so.
    And today we see another 3 cents peeled of the SP so not everyone is convinced.

  4. #3044
    Speedy Az winner69's Avatar
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    Quote Originally Posted by percy View Post
    Trust you told the neighbour that is what business is all about.The successful business identifies problems and fixes them,all the time delivering on their [growth] strategy.
    Agree to some extent ...but there is a big difference fixing problems / overcoming challenges and fixing mistakes (like mispricing was one word I heard)
    Last edited by winner69; 26-09-2018 at 03:44 PM.
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  5. #3045
    Speedy Az winner69's Avatar
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    Quote Originally Posted by minimoke View Post
    Good answer to question: "Diversity in Thinking" At every level they want the most talented individual in that role. Excellent stuff!
    Looked uncomfortable didn’t he

    One thing for sure is Turners will not be having any females on the Board for some time ..a certainty that is.
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  6. #3046
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    Quote Originally Posted by percy View Post
    An excellent meeting well conducted by Paul Brynes.
    Strategy in place for a sound growing business, which is at present rewarding shareholders with growing dividends.Strategy is well thought out.Sales,Insurance,Finance,Service. [property]
    Share price being discussed was pleasing,including the point that most brokers mistakenly categorise TRA as a retail stock..A lot of interesting questions,and McGinty and Beagle made very interesting, well researched points.
    Very open about the MTF and insurance issues.What a capable board.Property developments in Auckland and ChCh still on their agenda.I look forward to hearing more about them.
    YouTube served us well.

    ps Wellingtonions.Is Turners new site open?
    Concur with your thoughts, they seem to be heading in right direction. Slow and steady, collect the divvies along the way.

    Must say that new director Martin (Aussie) has got some impressive background. Hope Turners can leverage some his expertise to grow business.

  7. #3047
    percy
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    Quote Originally Posted by winner69 View Post
    Agree to some extent ...but there is a big difference fixing problems / overcoming challenges and fixing mistakes (like mispricing was one word I heard)
    Quote from an Ebos agm a few years ago.Mark Waller;"We are wasting our time in Australia.We either get big,or we get out."
    Go to any Mainfreight presentation and hear Don Baird telling a few "home truths".
    Same at Ryman agms.

  8. #3048
    percy
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    Quote Originally Posted by winner69 View Post
    Looked uncomfortable didn’t he

    One thing for sure is Turners will not be having any females on the Board for some time ..a certainty that is.
    I thought he looked very comfortable.
    Told the truth,want only the best people who have the skills they want.
    Simple as that.
    Pity other boards don't feel the same way.

  9. #3049
    percy
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    Quote Originally Posted by minimoke View Post
    And today we see another 3 cents peeled of the SP so not everyone is convinced.
    Off course not.
    No surprises there.!
    Think the old twit who was going on about Heartland in Australia may have been the seller.
    Certainly was not me...…….lol.

  10. #3050
    percy
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    Quote Originally Posted by sb9 View Post
    Concur with your thoughts, they seem to be heading in right direction. Slow and steady, collect the divvies along the way.

    Must say that new director Martin (Aussie) has got some impressive background. Hope Turners can leverage some his expertise to grow business.
    And I concur with you.....lol.

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