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

[winner69]

"IF" coming from u makes me nervous ....U r the main supporter of NZX50 inclusion thought going on here ...got me involved

Sorry mate, lapse of concentration …changed if to when

[alokdhir]

Dont see the inclusion helping much. What has it done for HLG? Nothing major in the long run- after initial pop

Inclusion did its part ...especially a huge pop on huge vols ...then the fundamentals took over

TRA has better fundamentals at present and looking ahead as per current crystal ball readings ...so it shud do better then HLG after inclusion

[alokdhir]

Sorry mate, lapse of concentration …changed if to when

Still question remains buddy ...why sell now when two big and positive announcements round the corner ?

Logic of huge selling going on at present !!! Fails me ....enlighten us mate on why now part ...

[winner69]

Dont see the inclusion helping much. What has it done for HLG? Nothing major in the long run- after initial pop

Initial pop from 550 was great …and ‘pop’ has stayed in place

If it hadn’t got into index share price would below 500 by now I reckon

[BlackPeter]

Still question remains buddy ...why sell now when two big and positive announcements round the corner ?

Logic of huge selling going on at present !!! Fails me ....enlighten us mate on why now part ...

Just a general observation - people and organisations with large holdings (including funds and so called "smart" money) find it much easier to sell when the market expects positive news.

Maybe just some large investors proactively rebalancing their portfolio to avoid later on the rush to the exits?

No doubt - after the inclusion party it will be difficult for large holders to rebalance such an illiquid share.

I wouldn't read too much into the selling pressure other than maybe - some smart money thinking that the current price might well be fair value.

[alokdhir]

Just a general observation - people and organisations with large holdings (including funds and so called "smart" money) find it much easier to sell when the market expects positive news.

Maybe just some large investors proactively rebalancing their portfolio to avoid later on the rush to the exits?

No doubt - after the inclusion party it will be difficult for large holders to rebalance such an illiquid share.

I wouldn't read too much into the selling pressure other than maybe - some smart money thinking that the current price might well be fair value.

Agree with your thoughts that nothing to worry on the business side ...but when and if inclusion happens then we will get super high vols also ...if HLG example is something to keep in mind ...HLG equally illiquid ...had 1.7 Mil traded ...very easy to exit at that time I think ...so maybe Dec 3rd week will be high vols week if it gets included on 2nd Dec announcement

Smart money not waiting is also possible they maybe not expecting inclusion this time around ??

[Muse]

Agree with your thoughts that nothing to worry on the business side ...but when and if inclusion happens then we will get super high vols also ...if HLG example is something to keep in mind ...HLG equally illiquid ...had 1.7 Mil traded ...very easy to exit at that time I think ...so maybe Dec 3rd week will be high vols week if it gets included on 2nd Dec announcement

Smart money not waiting is also possible they maybe not expecting inclusion this time around ??

There are 3 index inclusion trackers that I’m aware of and they universally expect inclusion in Dec.

[alokdhir]

There are 3 index inclusion trackers that I’m aware of and they universally expect inclusion in Dec.

I am so happy with your assurance mate ...W69 is also a great tracker along with Mr B ...lol

[Muse]

Just repeating what I read in the reports, nothing more

[alokdhir]

W69 ...if TRA does cross $ 5 then will join u all at Mr B 's boat party ....fingers crossed and holding breath

What are the chances ? First over $ 4.50 on HY results rest on index inclusion announcement ??