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

[Balance]

https://www.stuff.co.nz/motoring/114...s-of-the-ditch

[Baa_Baa]

https://www.stuff.co.nz/motoring/114...s-of-the-ditch

Easily rebutted, before percy says, Turners don’t sell new cars. Focus.

[Balance]

Easily rebutted, before percy says, Turners don’t sell new cars. Focus.

Sale of new houses does not impact on existing houses?

Economic naivety in full display.

[percy]

Turners announcement 30th July;Turners FY 20 Investor Roadshow.page 4
[perhaps a kind poster will post a screenshot of page 4]

...............NZ USED CAR MARKET STILL AT STRONG HISTORIC LEVELS............
.......................Underlying demand still strong.
.......................Margins have recovered from low point Oct/Nov 2018..
And from attending the Roadshow I found out Turners are trading well.

[Balance]

Sale of new houses does not impact on existing houses?

Economic naivety in full display.

http://autotalk.co.nz/news/another-s...th-for-imports

Registrations of used import vehicles were down yet again in July – as the market continues to struggle in what appears to be a declining economic environment.

Registrations of passenger vehicles were down 7.6% for the month to 12,791 – now down 8% for the year to a total of 81,642.

[percy]

http://autotalk.co.nz/news/another-s...th-for-imports

Registrations of used import vehicles were down yet again in July – as the market continues to struggle in what appears to be a declining economic environment.

Registrations of passenger vehicles were down 7.6% for the month to 12,791 – now down 8% for the year to a total of 81,642.

Read page 4.of The Roadshow.perhaps you can put up a sreen shot of it for us.
Less than 10% of Turners volume comes from used imports.

[Balance]

Read page 4.of The Roadshow.perhaps you can put up a sreen shot of it for us.
Less than 10% of Turners volume comes from used imports.

As in auction volume or sales volume?

Think before you answer.

[winner69]

Percy wants you all to read this Slide from Roadshow

It’s all looking good for Turners ...and I remain a (small) disillusioned shareholder who was sucked in by ST hype along with a delusional Board.a couple more divies and i’ll be OK

[percy]

Percy wants you all to read this Slide from Roadshow

It’s all looking good for Turners ...and I remain a (small) disillusioned shareholder who was sucked in by ST hype along with a delusional Board.a couple more divies and i’ll be OK

Thanks Winner 69.
Yes buying companies that pay good dividends,and who have the capacity to keep paying them,or even increasing them,is worthwhile.

[winner69]

As in auction volume or sales volume?

Think before you answer.

It’s hard ‘to think’ straight when you’ve just been to a revivalist meeting and you are a ‘born again’ Turnerite