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- TRA - Turners Automotive Group [previously TNR - Turners Limited]
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07-07-2019, 01:35 PM
#5431
Originally Posted by percy
I am taking another leave from this thread.
I am not going to change my mind,neither is anyone else.Pointless.
You will be missed Percy. I've appreciated your input for many years.
While you seem to be a lone voice for the merits of TNR at the moment, please remember that some of the contrary comments here are well intentioned and genuinely concerned about your choice and TNR.
I wish you well and will genuinely miss your wise posts and hope you come back refreshed. (Disc; Don't hold TNR .)
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08-07-2019, 08:20 AM
#5432
Originally Posted by percy
Yes,I remember it well.
So today with the better margins retailing, rather than wholesaling.they are in a much stronger position.
Add on finance ,insurance ,and property development margin, I would have to say I think they are "well positioned,."
I am taking another leave from this thread.
I am not going to change my mind,neither is anyone else.
Pointless.
Morning Percy....
Good move taking leave, I agree that its probably all been said
We need the company results to speak in either a positive or negative way.
Good luck to all holders ! Yep...that includes me.
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08-07-2019, 09:25 AM
#5433
Originally Posted by RTM
Morning Percy....
Good move taking leave, I agree that its probably all been said
We need the company results to speak in either a positive or negative way.
Good luck to all holders ! Yep...that includes me.
Results are too late usually to get in or get out.
Why investors pay a fortune for analysts to monitor and assess stocks on an ongoing basis.
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08-07-2019, 11:19 AM
#5434
Originally Posted by percy
Yes,I remember it well.
So today with the better margins retailing, rather than wholesaling.they are in a much stronger position.
Add on finance ,insurance ,and property development margin, I would have to say I think they are "well positioned,."
I am taking another leave from this thread.
I am not going to change my mind,neither is anyone else.
Pointless.
May be you should come back now after big purchase (500k shares) by Martin Barry (Director) on Friday.
https://www.nzx.com/announcements/337343
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08-07-2019, 02:14 PM
#5435
thanks sb9, a big vote of confidence there, phew!
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08-07-2019, 02:39 PM
#5436
Originally Posted by Joshuatree
thanks sb9, a big vote of confidence there, phew!
I think so too. And from memory, he is the newly appointed Director from last year ans based out of Singapore. And has very impressive background as per below:
Martin Berry
Independent Director - Appointed August 2018
Martin Berry is a seasoned global financial services executive having run large international businesses for the likes of ANZ, Citibank, Barclays and Standard Chartered. He later focused on more entrepreneurial ventures with a successful track record of having built, acquired and sold several companies with values in excess of USD 100m. Martin later founded and now runs venture capital firm Brandhaus Capital Partners out of Singapore investing across the region with a strong focus on fintech.
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09-07-2019, 07:00 AM
#5437
could be a negative
The Government wants to provide discounts for importing cleaner cars to New Zealand
https://www.nzherald.co.nz/nz/news/a...ectid=12247724
one step ahead of the herd
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09-07-2019, 07:07 AM
#5438
Originally Posted by bull....
"The Government is signalling its intention to slash the price of imported electric and hybrid vehicles by up to $8000 in a bid to make greener cars cheaper for Kiwis"
I am in Georgia (the country) at the moment and the most common car by far is the Toyota Prius because of incentives like the above.
It was the same in Ulaanbaatar (Mongolia) a few years ago.
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09-07-2019, 07:40 AM
#5439
Originally Posted by Snow Leopard
"The Government is signalling its intention to slash the price of imported electric and hybrid vehicles by up to $8000 in a bid to make greener cars cheaper for Kiwis"
I am in Georgia (the country) at the moment and the most common car by far is the Toyota Prius because of incentives like the above.
It was the same in Ulaanbaatar (Mongolia) a few years ago.
enjoying yourself i imagine. just goes to show how far NZ is behind the ball lol
one step ahead of the herd
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09-07-2019, 07:55 AM
#5440
Originally Posted by bull....
A change like this usually leads to a massive upsurge in demand - would have thought it is a positive?
I talked to several Uber drivers in recent times and they all say they can only make their Uber business work due to the hybrid vehicles (Toyota mostly) they drive - they get 800 kms to a tank vs 250kms to 300kms for combustion and low maintenance.
Justifies the initial higher vehicle cost.
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