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

[Fortunecookie]

Well done to everyone. Solid result.

[Rawz]

great update , still surprised by the strenght in used cars.
they should aggressively aim to be the dominaNT NZ player in the space

they already dominate the NZ sourced vehicle market. Cant see that ever changing

[ronaldson]

And remember the boost in share price escalates the market cap, hence increases the probability of NZX 50 inclusion.

Given the number of shares offered for sale at any time is generally not large any index fund seeking to build a holding will need to bid the market up further in my opinion. So price is a positive indicator for momentum here.

[777]

Ex dividend today as well.

[bull....]

they already dominate the NZ sourced vehicle market. Cant see that ever changing

Market share growth on track to exceed 10% in the near-term
The highlight of the period has been the sustained market share growth in Auto Retail, which now exceeds 9%, a more than doubling of Turners retail market share over 5 years.

quicker growth is possible i reckon

[percy]

Todd Hunter will be speaking at 11 am today on
NZX Virtual Investor Event | 11 October 2023

[winner69]

Todd Hunter will be speaking at 11 am today on
NZX Virtual Investor Event | 11 October 2023

Always a good rave ….will get a few new punters excited while wowing the loyalists

[bull....]

whats the talk from the webinar

[percy]

whats the talk from the webinar

As always Todd Hunter presents well.
Auto retail growing both number of branches and market share.
Timaru new branch looks the goods, and will open shortly.More branches in Christchurch too.
All divisions operating well.Lower interest rates will benefit their Oxford finance.Dividend growth continues.
NZX 50 inclusion looks close.

[Sideshow Bob]

In the meantime, up another 3% today.