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

[winner69]

How many times has Todd said 'That's a great question'

[sb9]

Nice ASM, nothing earth shattering, few headwinds but all in all business in good growth mode. Time to shift to FBU webcast.

[toddhunter]

How many times has Todd said 'That's a great question'

I was just trying to encourage some more questions!

[winner69]

I was just trying to encourage some more questions!

Fair enough ... but suppose most shareholders are happy with way things are going going and you guys had covered most things off in the good presentations.

Not really a dig at you but that saying is on the unofficial ASM Bingo Card

[Rawz]

I missed the asm. is there a recording anywhere?

Looking at the presentation- those profit and dividend charts. could look at them all day long. When does TRA get a re-rate?

[Muse]

I missed the asm. is there a recording anywhere?

Looking at the presentation- those profit and dividend charts. could look at them all day long. When does TRA get a re-rate?

Hopefully not until I am well overweight with it at some point in the future.

I never bother with the ASM for this one.

But also would love a DRP priced at 2.5% discount and no brokerage. Would set it at that for years and dilute the holy heck out of the cash takers, flick it over to cash and agitate like hell it should be turned off because it was dilutive. Ah - sounds like a dream.

[peat]

they sold over 500 cars from a new site before it had been finished being built!! haha thats awesome. pg 23

[clearasmud]

I missed the asm. is there a recording anywhere?

Looking at the presentation- those profit and dividend charts. could look at them all day long. When does TRA get a re-rate?

Copy and paste the YouTube site shown on the 16.8.22 announcement. It's still there.
It doesn't get a re-rate soon, dividend yield only 8%.

[Rawz]

Copy and paste the YouTube site shown on the 16.8.22 announcement. It's still there.
It doesn't get a re-rate soon, dividend yield only 8%.

Thanks!

8% yield and growing EPS and DPS. Clear pathway of growth. Strong brand. It can trade on a better multiple. 6% yield?

[Muse]

Thanks!

8% yield and growing EPS and DPS. Clear pathway of growth. Strong brand. It can trade on a better multiple. 6% yield?

In the short term (up to the next 24 months) I'd say people will be wary of a recession and what happens to margins per car when/if used car prices recede. But agree for such a well run business with so many pistons would be nice to see a re rating. we are pretty well rewarded in the meantime.