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

[percy]

Today is the day, that yesterday we worried about, and all is well.!
Looking forward to owning an even lager slice of the cake.

[bull....]

5 - 10% is really the 10 - 20% as it flows thru there whole business model

[Beagle]

Can't wait for the buyback to start then the Couta1 relativity theory will come into play and these will be $3.80 again

[winner69]

Suppose it is a profit downgrade and 10% is the number

Means full year npbt likely to be less than F18

And H2 npbt will be 20% less than prior year

Not headwinds ...a southerly blast

Don’t think I’ll be getting my $3.23 now

[forest]

Well, yes - a possible profit downgrade ... but than - its really nicely wrapped - isn't it?

Increased HY earnings, good dividend, share buyback (which actually might reduce the impact of any profit downgrade - and than, all these big payrises still need to find their way through to the car market - don't they?

BlackPeter, to me it looks like the wrapping Grant Baker was using also for Trilogy, he recommended the share holders a capital raising at a share price above what the company later was taken over for. Without his special nice wrapping that would have been unlikely to have happened. I would be very wary of Grant Bakers wrapping.

[couta1]

Can't wait for the buyback to start then the Couta1 relativity theory will come into play and these will be $3.80 again

Search your heart, you know it's true and resistance is futile.

[forest]

Suppose it is a profit downgrade and 10% is the number

Means full year ebit likely to be less than F18

And H2 ebit will be 20% less than prior year

Not headwinds ...a southerly blast

Don’t think I’ll be getting my $3.23 now

Ouch, AND we have 10% more shares on issue!!!

[couta1]

now why the price has been going down is known, probably more like 10 - 20% headwinds. gm in us closing plants due to poor retail sales , ahg in aus poor retail sales , nz last mth poor sales

Where would we be without our resident doom n gloom merchant.Lol

[Beagle]

Suppose it is a profit downgrade and 10% is the number

Means full year ebit likely to be less than F18

And H2 ebit will be 20% less than prior year

Not headwinds ...a southerly blast

Don’t think I’ll be getting my $3.23 now

I did tell you you're 25% quick buck was the stuff of some fantasy fiction novel ! That said, a certain hound did get quite grumpy in early October when fuel prices went berserk and now they're back to a somewhat less painful zone I am more optimistic about consumer spending in the Christmas holiday season. Maybe Turners October sales were the result of shell shocked motorists simply going into their shell and things will normalize a bit going forward ?

[winner69]

I see “Net cash inflow/(outflow) from operating activities before changes in operating assets” was negative

Don’t know what really means but payments to suppliers and employees was a lot higher than receipts from customers