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

[couta1]

FNZC must have just bought 300k shares back in house(No sp tag beside transaction)

[Balance]

FNZC must have just bought 300k shares back in house(No sp tag beside transaction)

Who else will buy into a 1st downgrade? Either in the know or in support.

[winner69]

Who else will buy into an 1st downgrade?

Watch out for a few Directors and Officers Disclosures?

Cheap as at $3 .....even cheaper as at $2.15

But imagine the excitement if it was a brand new investor ...an Aussie or Asian fund maybe

[Beagle]

Imagine the disappointment if they come out and confirm trading conditions are bad and even worse than anticipated late last year. The silence from the company is deafening...wonder why...

[winner69]

They only said lower npbt was a ‘possiblity’ if certain things happened.

That’s not a profit downgrade.

The market had overreacted big time

The ‘silence is deafening’ is a bit of no news is good news -

Npbt of $35m is an eps ~29 cents - much higher than analysts expect

And then the market will appreciate that all this ticket clipping is working ....big time

And I’ll be happy and beagle won’t see his 2 bucks

[Balance]

Watch out for a few Directors and Officers Disclosures?

Cheap as at $3 .....even cheaper as at $2.15

But imagine the excitement if it was a brand new investor ...an Aussie or Asian fund maybe

If they are buying in volume, I will definitely follow!

[Beagle]

They only said lower npbt was a ‘possiblity’ if certain things happened.

That’s not a profit downgrade.

The market had overreacted big time

The ‘silence is deafening’ is a bit of no news is good news -

Npbt of $35m is an eps ~29 cents - much higher than analysts expect

And then the market will appreciate that all this ticket clipping is working ....big time

And I’ll be happy and beagle won’t see his 2 bucks

And TA looks so encouraging and supportive of this narrative...opps hang on a minute...

[BlackPeter]

And TA looks so encouraging and supportive of this narrative...opps hang on a minute...

Well, somebody is accumulating - as they did at $2.40 and $2.33 before. I guess it must work at some stage, doesn't it?

[Beagle]

Well, somebody is accumulating - as they did at $2.40 and $2.33 before. I guess it must work at some stage, doesn't it?

How do you know its not just the buy-back ?. No one will reliably know until after the buy-back is finished in early April.
Even a broken clock is eventually right lol

[BlackPeter]

How do you know its not just the buy-back ?. No one will reliably know until after the buy-back is finished in early April.
Even a broken clock is eventually right lol

Well, buyback can be only 30% of the volume - can it? The other 70% must be genuine interest.

But obviously - as long as the SP is dropping it means there are more keen sellers than keen buyers. Add the share buyback it must be less than 70 buyers to 100 sellers.

Anyway - I just wanted to highlight that we had higher volumes before and SP was dropping nevertheless (after some plateauing). Will it be different this time?