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

[BlackCross]

There was an interesting discussion on RNZ this afternoon on 'Microbility.' Here's the link.

In effect they are saying the next 'disrupter' for the car industry (and petroleum industry) is not cars or Ecars, but rather small EV's such as Ebikes and EScooters. If this is right, then there are implications for Z Energy and the likes of TNR. Have a listen and DYOR.

France is set to ban electric scooters from pavements following a rise in accidents and growing complaints over the number of the devices littering the streets.

Berlin's city hall has also drawn up tough new rules for electric scooters, while Barcelona has banned scooter rental services completely.
In the UK, electric scooters are currently only allowed on private land, with the permission of the landowner. Using them on the road commits the offence of using a motor vehicle with no insurance, and risks a £300 fixed penalty notice and six points on a driving licence.

https://www.independent.co.uk/news/w...-a8900846.html

And in local news here in NZ you can ride them where and how the hell you like and hit the health service with any injury costs involved.

[Beagle]

TA doesn't look quite so shabby anymore. Clear break above 100 day MA. Has the worst passed for TRA ? (I know you think it has Percy so I'm asking for other opinions please)

[percy]

Drive past Archers Road development and decide for yourself.
Hard to know how long it takes for TA to follow FA,or is it FA to follow TA.?
Easy choice for some,difficult for others.
Up 3 cents today to $2.46.Getting there slowly.
Remember Beagle I am here to help you,and others..

[Baa_Baa]

TA doesn't look quite so shabby anymore. Clear break above 100 day MA. Has the worst passed for TRA ? (I know you think it has Percy so I'm asking for other opinions please)

Been over the 100DMA for 3 weeks, still .. settled into a nice shallow uptrend. Overhead 200DMA at about $2.60 and the nasty down trend resistance line about $2.75. Does look like a bottom is in doesn't it, buying into an uptrend, notwithstanding plenty of stern overhead resistance risks.

[minimoke]

Up 3 cents today to $2.46.Getting there slowly.
.

Happy days. That, along with the divies finally puts me in positive territory.

[percy]

Happy days. That, along with the divies finally puts me in positive territory.

According to Craigs' research dated 18th April you are "well postioned."
Craigs have moved Turners from their "Retail" sector to "Financial Services" sector.
They also increased their target price from $2.70 to $2.85.

[winner69]

According to Craigs' research dated 18th April you are "well postioned."
Craigs have moved Turners from their "Retail" sector to "Financial Services" sector.
They also increased their target price from $2.70 to $2.85.

Craig’s a bit slack ...NZX have had them as ‘Financial Services’ for yonks

[percy]

Craig’s a bit slack ...NZX have had them as ‘Financial Services’ for yonks

I agree with NZX on sector, and Couta1 on target price $3.85..

[winner69]

I agree with NZX.

Some might say it’s really a ‘Consumer Staple’ though

[percy]

Some might say it’s really a ‘Consumer Staple’ though

That I very much doubt,however with the next full moon [blue moon] on the 19th May you never know.