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

[winner69]

Your T/A has gone AWOL peat.

Think peat’s charts are upside down

[percy]

wasnt TA it was FA.

Seemed to have meant FA to posters on this thread.!

[toddhunter]

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.

Austen the new Whangarei site is an old Placemakers premises...no container offices here. As you will see there is an old warehouse at the rear of the site (which we have refurbished) with a large outside display car park on the road frontage. This will be a great move from a back block industrial location to a high profile inner city corner site which will help improve the number of end customers we can attract into the business. The site is 8000m2 which increases the footprint we have to retail cars from by approximately 25%. We will be open from Monday.

Attachment 10359

https://www.google.com/maps/place/Wa...!4d174.3165086

[Joshuatree]

Think peat’s charts are upside down

Jekyll or Heckle take your pick.

[percy]

Austen the new Whangarei site is an old Placemakers premises...no container offices here. As you will see there is an old warehouse at the rear of the site (which we have refurbished) with a large outside display car park on the road frontage. This will be a great move from a back block industrial location to a high profile inner city corner site which will help improve the number of end customers we can attract into the business. The site is 8000m2 which increases the footprint we have to retail cars from by approximately 25%. We will be open from Monday.

Attachment 10359

https://www.google.com/maps/place/Wa...!4d174.3165086

Thanks Todd,
Looking forward to "record" sales.!!

[minimoke]

Thanks Todd,
Looking forward to "record" sales.!!

With the money pouring into Northland I'm expecting bumper results.

[winner69]

Turners talk about “the intrinsic value of the business” with the share trading below this intrinsic value.

An overused term this intrinsic value ..generally used by punters who think the share they are interested in is undervalued. Gives them a sense of well bearing.

One guy who loved using the term was Ron Brierley ....again and again he reminded us that Brierley and then Guinness Peat was so cheap because the share price was below intrinsic value.

Intrinsic value sounds posh. There’s now way to calculate intrinsic value - I reckon the intrinsic value of Turners is at least $3.50 ..but that’s just my guess/estimate/calculation and many would say I’m just as delusional as Baker.

[Joshuatree]

Seemed to have meant FA to posters on this thread.!

LOLOLOLOL

[winner69]

I've added some due to 4 1/2 years of consecutive growth

Attachment 10358

Nice charts Peat

The column on the npat chart for FY19;is likely be about the same as FY18 (hoping)

So npat not much more than FY15 ....in a period when revenues have more than tripled


Something wrong - all this clipping the ticket and not much more profit

Maybe charts not as good looking as you obviously intend to demonstrate

[Joshuatree]

Be a small win/relief for all of us if this is bottom, but with used car sales slowing since Nov as Trade Me noted, im not convinced.