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

[RTM]

Moola owner looking to raise $30m to expand into vehicle finance market
https://www.nzherald.co.nz/personal-...ectid=12476327

Bit more competition for Turners

[Rawz]

Moola owner looking to raise $30m to expand into vehicle finance market
https://www.nzherald.co.nz/personal-...ectid=12476327

Bit more competition for Turners

Moola, being a payday lender, is probably looking to target the tier 3 consumers. This space was were Oxford used to play in. Not anymore. Oxford is now targeting (and attracting) higher credit score customers.

[Poet]

Moola, being a payday lender, is probably looking to target the tier 3 consumers. This space was were Oxford used to play in. Not anymore. Oxford is now targeting (and attracting) higher credit score customers.

Yes, and some of those newly financed people will buy cars at Turners, so a win win

[RTM]

Yes, and some of those newly financed people will buy cars at Turners, so a win win

Moola, being a payday lender, is probably looking to target the tier 3 consumers. This space was were Oxford used to play in. Not anymore. Oxford is now targeting (and attracting) higher credit score customers.

Yes....multiple scenarios are certainly imaginable. We'll just have to see how it all plays out.
Disc: Holder

[Beagle]

Moola owner looking to raise $30m to expand into vehicle finance market
https://www.nzherald.co.nz/personal-...ectid=12476327

Bit more competition for Turners

My view is that its clear from the article that they'll be competition for third and four tier lenders like Geneva finance, not Turners.

[Classic]

Probably a newbie question sorry, but is there likely to be another dividend payout this year?
Historically sometimes there has been, other times not. Is there anywhere to find out that information?
I can find the historical data easily enough but not upcoming (until they have been announced).

[RTM]

Probably a newbie question sorry, but is there likely to be another dividend payout this year?
Historically sometimes there has been, other times not. Is there anywhere to find out that information?
I can find the historical data easily enough but not upcoming (until they have been announced).

https://www.nzx.com/instruments/TRA/dividends

You will find the NZX site quite useful, good luck.

[RTM]

Duplicate Post

[Classic]

Hi, thanks.
Yes, that is one of the places I looked.
July is the Final, but in 18 / 19 / 20 there has also been an interim in October, so my expectation (maybe optimistic - newbie remember ;-) ) was that there would be one this October?
Haven't seen anything to confirm that though.

Regards.

[Sideshow Bob]

Hi, thanks.
Yes, that is one of the places I looked.
July is the Final, but in 18 / 19 / 20 there has also been an interim in October, so my expectation (maybe optimistic - newbie remember ;-) ) was that there would be one this October?
Haven't seen anything to confirm that though.

Regards.

With alot of companies, historic dividend schedules have been messed up with Covid, especially if they took a prudent approach to conserving cash after the initial lockdown last year. Some companies have paid out later, paid special divvys or just maintained cash.

For TRA and an October divvy, might be a little late to announce now, but I guess just keep an eye out on their announcements.