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

[percy]

I’d begin to get worried on both accounts

Maybe you’ve been ‘selected’ by the IRD to be further scrutinised

Be the first time in 47 years my accountant has filed my return.He has not heard anything.
After being on the phone to IRD ,giving them my details,then hanging on for ages. they hung up on me.I read this is now normal practice.
In the meantime my TRA divie is not there yet.

[percy]

Be the first time in 47 years my accountant has filed my return.He has not heard anything.
After being on the phone to IRD ,giving them my details,then hanging on for ages. they hung up on me.I read this is now normal practice.
In the meantime my TRA divie is not there yet.

TRA divie has arrived.

[peat]

Be the first time in 47 years my accountant has filed my return.He has not heard anything.
After being on the phone to IRD ,giving them my details,then hanging on for ages. they hung up on me.I read this is now normal practice.
In the meantime my TRA divie is not there yet.

wow IRD hung up on me today too!
And never rang back either , and it was a call back
Anyway just thought I'd say snap to ya percy

TRA has lost some momentum. Volume slackened off. Probably just consolidating.
Still above 30MA though and found support at the previous high mid-Sep

[Timesurfer]

Have had the hangup at the end of the day after waiting on hold also. Guess when you are a monopoly customer service isn't mandatory.

[percy]

wow IRD hung up on me today too!
And never rang back either , and it was a call back
Anyway just thought I'd say snap to ya percy

TRA has lost some momentum. Volume slackened off. Probably just consolidating.
Still above 30MA though and found support at the previous high mid-Sep

Also above 100 and 200 day MA.Yahoo Finance chart.
The "Knockers" appear to have sold,and therefore the agm was positive.
Interim report should not be too far away,then I think we will be more informed to make better projections.
Current PE is 9.96 and current net yield is 6.51%.
The share buy back did not buy all the shares they intended.Were short by 419,142.

[peat]

Current PE is 9.96 and current net yield is 6.51%.
The share buy back did not buy all the shares they intended.Were short by 419,142.

I'm kind of indifferent to share buy-backs. Maybe better to pay down debt?
But those are good metrics and I've been considering doing my version of a Couta if you know what I mean. I should wait though if interim is imminent.

[percy]

I love TRA's share buy back.
At $2.55 ps TRA are saving having to pay 17 cps divie on all the shares they brought back.A net 6.67% ps.
[And they brought them back at around $2,34 and have already saved having to pay 4 cps on those]
Yet at approx gross 4.5% cost of borrowing they are well ahead.
Helps improve their ratios and I end up with a slightly larger piece of the pie.
I too would wait for the interim before deciding what course of action to take.

[percy]

Be the first time in 47 years my accountant has filed my return.He has not heard anything.
After being on the phone to IRD ,giving them my details,then hanging on for ages. they hung up on me.I read this is now normal practice.
In the meantime my TRA divie is not there yet.

Received my TRA divie OK.
Received my tax refund last night.
Now just waiting for the wife's refund.

[percy]

Received my TRA divie OK.
Received my tax refund last night.
Now just waiting for the wife's refund.

And her refund has hit our bank this afternoon.!

[Joshuatree]

Order snapper instead of hoki tonite