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- TRA - Turners Automotive Group [previously TNR - Turners Limited]
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04-10-2019, 01:19 PM
#5851
Originally Posted by percy
Yet under 4 hours later you are having second thoughts.
Having a touch of "The Beagles" ?..lol.
No second thoughts ...it’s only the squiggly line that matters and with an inverse bell curve pattern playing out its a no brainer to stay in there
Share price will go to 400 ...the only thing sad about that is inept management will claim it’s because of them.
“ At the top of every bubble, everyone is convinced it's not yet a bubble.”
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04-10-2019, 01:21 PM
#5852
Originally Posted by winner69
No second thoughts ...it’s only the squiggly line that matters and with an inverse bell curve pattern playing out its a no brainer to stay in there
Share price will go to 400 ...the only thing sad about that is inept management will claim it’s because of them.
I think had you bothered to attend Turners Wellington Road Show, you would be in a better position to offer an opinion.
Todd Hunter and Aaron Sanders, both impress me with their trade knowledge ,and full honest answers they gave to questions .
Todd has always answered my emails straight away.
Last edited by percy; 04-10-2019 at 01:27 PM.
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04-10-2019, 01:38 PM
#5853
One question that needs to be answered is
How much influence do posts on sharetrader have on the price of shares?
a) none
b) May tip the minds of a few people but the effect will be temporary
c) has effect on market sentiment will influence the TA
d) has a lot of influence. The big boys are not influencing the market at all it’s just the little guys.
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04-10-2019, 01:45 PM
#5854
Originally Posted by Brain
One question that needs to be answered is
How much influence do posts on sharetrader have on the price of shares?
a) none
b) May tip the minds of a few people but the effect will be temporary
c) has effect on market sentiment will influence the TA
d) has a lot of influence. The big boys are not influencing the market at all it’s just the little guys.
People have lost and made money because of posts on sharetrader and some on here are very capable of moving share prices should they so wish in a stock like TRA. Lol
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04-10-2019, 01:46 PM
#5855
Originally Posted by RTM
Took a look at the TRA Presentation NZX Retail Investor evening document last night.
http://nzx-prod-s7fsd7f98s.s3-websit...232/306840.pdf
As usual looks OK. So if we assume they are a going concern and continue to be, that they continue to sell cars at more or less the same volume and profitability as they currently do, and they continue to pay a dividend of 17c....then surely the share price must rerate a bit higher ?
17c @ 2.30 7.39%
@ 2.75 6.18%
@ 3.00 5.67%
@ 3.40 5.0%
Maybe it might make $2.75 ?
Disc... Hold...more than ideal
I reckon the SP will plateau 270-275. Will need some good results to go past that, that will take time.
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04-10-2019, 03:55 PM
#5856
Junior Member
Originally Posted by Brain
One question that needs to be answered is
How much influence do posts on sharetrader have on the price of shares?
a) none
b) May tip the minds of a few people but the effect will be temporary
c) has effect on market sentiment will influence the TA
d) has a lot of influence. The big boys are not influencing the market at all it’s just the little guys.
When I first started investing many... many moons ago, very informative post by Snoopy on Restaurant Brands and others made me realise investing in shares was a good way to build a retirement nest egg with a little additional research. Forever grateful to Snoopy and always look forward to his post out here.
Also grateful to the Guru of TA Phaedrus for his charts and explanations... really do miss him too.
Last edited by etnom; 04-10-2019 at 04:07 PM.
Reason: Spell check
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04-10-2019, 10:02 PM
#5857
From www.interest.co.nz today :
THE CAR SALES RISE WAS BROAD-BASED
Yesterday we reported a good rise in new car sales, boosted by heavy Tesla sales. Today we can report that used imports were up +8% year-on-year in September, reversing s string of 19 straight months where year-on-year results were lower. We are on track to have total annual car sales of 300,000 in 2019, about -3 less than for 2018. That is one 'new' car for every 17 people, believe it or not.
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04-10-2019, 10:13 PM
#5858
Originally Posted by iceman
From www.interest.co.nz today :
THE CAR SALES RISE WAS BROAD-BASED
Yesterday we reported a good rise in new car sales, boosted by heavy Tesla sales. Today we can report that used imports were up +8% year-on-year in September, reversing s string of 19 straight months where year-on-year results were lower. We are on track to have total annual car sales of 300,000 in 2019, about -3 less than for 2018. That is one 'new' car for every 17 people, believe it or not.
What a nice way to finish the week. Some good news. Thank you.
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07-10-2019, 11:21 AM
#5859
Shareprice in the 260’s last week
Will end this week in the 270’s I reckon
“ At the top of every bubble, everyone is convinced it's not yet a bubble.”
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07-10-2019, 11:31 AM
#5860
Originally Posted by RTM
I reckon the SP will plateau 270-275. Will need some good results to go past that, that will take time.
Bang on the money I reckon.
Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
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