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

[minimoke]

At least 215 held today

Hope minimoke’s stop loss is much lower ....don’t want those shares to flood the market

Beagle might be right .....2 bucks or lower he said ....surely not

I'm trying to do my bit (unlike a director) to hold firm and keep sp up. Only consolidation with my inevitable loss is TRA not a large part of my portfolio.

[couta1]

Nearly $60m has been wiped off Turners market cap since the share buyback announced

The buyback surely fixed the ‘grossly undervalued shares’ problem eh

It really did fix the problem winner, it's actually made them even more undervalued for us lucky holders.

[winner69]

It really did fix the problem winner, it's actually made them even more undervalued for us lucky holders.

Only if they are actually undervalued .....but didn’t Edison tell us ‘Price is what you pay. Value is what you get’

That gives me hope but still hoping Baker and his Singapore mate are about to sign up a greater fool and we’ll get $2.50

[percy]

Whangarei sharetraders.
Turners new site will be open on Monday 4th March, at Turners Corner,corner Walton Street and Maunu Road.
Any one driving past would you please comment on the site and general presentation.Are they using containers as offices.?
Thank you in advance.

[winner69]

BlackPeter .... at least selling out means you don't have to get grumpy with the inevitiable Scheme of Arrangement with a 'lowball' offer recommended by the Board when it comes

[BlackPeter]

BlackPeter .... at least selling out means you don't have to get grumpy with the inevitiable Scheme of Arrangement with a 'lowball' offer recommended by the Board when it comes

Well yes, last caprise at $3.02 (I think) - which means a Baker Backed Board (Ouch - BBB, again) might well support a takeover around $2.40, if we look into Bakers past (Trilogy). And yes, in TIL's case accepting this lowball offer was good for board and shareholders and bad for the buyer.

Who do you think might bite this time?

[couta1]

A takeover around $2.40 would be a disaster for the majority of shareholders.Lol

[percy]

Well with a market cap of only $187.7 mil at $2.15 I think they would be of interest to either UDC or HGH.

Perhaps a Malaysian,Japanese or Australian group .?
Just wonder if it will be above W69's $1.40 capitulation point.


ps.Maybe HGH could make an all scripe offer.?

[Joshuatree]

Whangarei sharetraders.
Turners new site will be open on Monday 4th March, at Turners Corner,corner Walton Street and Maunu Road.
Any one driving past would you please comment on the site and general presentation.Are they using containers as offices.?
Thank you in advance.

Are they using sleeping bags as offices? Im in the begging house with this stock atm.

[Beagle]

Well with a market cap of only $187.7 mil at $2.15 I think they would be of interest to either UDC or HGH.

Perhaps a Malaysian,Japanese or Australian group .?
Just wonder if it will be above W69's $1.40 capitulation point.
ps.Maybe HGH could make an all scripe offer.?

Just give it a while and then an all scrip offer at 1:1 lol