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

[Muse]

I am failing to understand the psyche of big sellers these days ? What thoughts they have to sell just before two super positive announcements ??

Fails me completely !! Any logical explanations can update my knowledge of the markets behaviour please

agree - if one wanted to sell - seems logical to want to do it on or close to index inclusion day based on trends seen from HLG/WHS/CEN & MEL (green index) inclusions. Not all selling holders will be aware of the index inclusion, maybe for some it is just their own cashflow situation & timing requirements, and plenty of holders have seen good gains at the spot price. maybe used car aficionados rebalancing into the 2cc excitement

Would expect to see higher volumes w/ the good recent momentum and traders buying positions early to sell into the index pop but for every buyer there is a seller and can only guess what the sellers motivations are. I'm not aware of anything more than that.

average daily volume over the last yr about 29,000 shares/pd
Last 5 sessions: ~32k (+10%)
Last 10 sessions: ~39k (+36%)
Last 20 sessions: 38k (+33%)

Certainly no where near where the volume we will get to closer to the day.

[alokdhir]

agree - if one wanted to sell - seems logical to want to do it on or close to index inclusion day based on trends seen from HLG/WHS/CEN & MEL (green index) inclusions. Not all selling holders will be aware of the index inclusion, maybe for some it is just their own cashflow situation & timing requirements, and plenty of holders have seen good gains at the spot price. maybe used car aficionados rebalancing into the 2cc excitement

Would expect to see higher volumes w/ the good recent momentum and traders buying positions early to sell into the index pop but for every buyer there is a seller and can only guess what the sellers motivations are. I'm not aware of anything more than that.

average daily volume over the last yr about 29,000 shares/pd
Last 5 sessions: ~32k (+10%)
Last 10 sessions: ~39k (+36%)
Last 20 sessions: 38k (+33%)

Certainly no where near where the volume we will get to closer to the day.

Thanks Muse for your very helpful and informative inputs ...hopefully it will work out very well for the holders like us ...next 30 days can be fun !!

[Sideshow Bob]

Pencil in for Wednesday morning....

https://www.nzx.com/announcements/421841

Weblink for Turners HY24 Results Presentation
Todd Hunter (Group CEO) and Aaron Saunders (Group CFO) will present the HY24 financial results followed by Q&A at 10:30am on 22 November 2023.
To register for the meeting please click the link:
https://turners.zoom.us/webinar/regi...QKG8ER5kdLlYNw
ENDS

[alokdhir]

Next 10 days will see two important announcements ...fingers crossed they go as per plan

[ronaldson]

Pencil in for Wednesday morning....

https://www.nzx.com/announcements/421841

Weblink for Turners HY24 Results Presentation
Todd Hunter (Group CEO) and Aaron Saunders (Group CFO) will present the HY24 financial results followed by Q&A at 10:30am on 22 November 2023.
To register for the meeting please click the link:
https://turners.zoom.us/webinar/regi...QKG8ER5kdLlYNw
ENDS

Half an hour ahead of the OCA call at 11.00am will make it hard to do both.

[bull....]

Next 10 days will see two important announcements ...fingers crossed they go as per plan

picking a slight beat on update

[winner69]

Half an hour ahead of the OCA call at 11.00am will make it hard to do both.

One’ll be upbeat …other funeral like I reckon

[toddhunter]

Hi there everyone wanted to schedule in the Q&A with Aaron Saunders and myself for this Friday (24/4) at 5pm. Link below for registration.

You can ask questions on Friday either through the audio function, or the Q&A function or you can email me any questions to todd.hunter@turners.co.nz


You are invited to a Zoom webinar.
When: Nov 24, 2023 17:00 Auckland, Wellington
Topic: Turners Q&A for Sharetrader Community
Register in advance for this webinar:
https://turners.zoom.us/webinar/regi...R0SqI304ByfFRQ
After registering, you will receive a confirmation email containing information about joining the webinar.

[Muse]

Thanks todd nice work

[percy]

A cracker.

https://www.nzx.com/announcements/422080