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- TRA - Turners Automotive Group [previously TNR - Turners Limited]
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27-11-2018, 09:19 AM
#3431
Today is the day, that yesterday we worried about, and all is well.!
Looking forward to owning an even lager slice of the cake.
Last edited by percy; 27-11-2018 at 09:24 AM.
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27-11-2018, 09:23 AM
#3432
5 - 10% is really the 10 - 20% as it flows thru there whole business model
one step ahead of the herd
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27-11-2018, 09:25 AM
#3433
Can't wait for the buyback to start then the Couta1 relativity theory will come into play and these will be $3.80 again
Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
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27-11-2018, 09:30 AM
#3434
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
Last edited by winner69; 27-11-2018 at 10:02 AM.
”When investors are euphoric, they are incapable of recognising euphoria itself “
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27-11-2018, 09:34 AM
#3435
Originally Posted by BlackPeter
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.
Last edited by forest; 27-11-2018 at 09:35 AM.
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27-11-2018, 09:38 AM
#3436
Originally Posted by 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
Search your heart, you know it's true and resistance is futile.
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27-11-2018, 09:39 AM
#3437
Originally Posted by winner69
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!!!
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27-11-2018, 09:40 AM
#3438
Originally Posted by bull....
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
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27-11-2018, 09:41 AM
#3439
Originally Posted by winner69
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 ?
Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
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27-11-2018, 09:46 AM
#3440
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
”When investors are euphoric, they are incapable of recognising euphoria itself “
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