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

**bull....** · 03-12-2014, 10:32 AM

those updated profit figures make the pe looks cheap

**percy** · 03-12-2014, 11:05 AM

Originally Posted by janner

Have cast my eyes back over this one ..

Now a holder.. ..

Janner buying has certainly propelled the sp to new heights
Welcome aboard.

**Snoopy** · 03-12-2014, 03:50 PM

Originally Posted by biker

I think it's easy to pluck figures out of the air but I'm sure 40c is attainable on current form.
Not so sure about soon, but a nice steady upwards trend would be just fine.

If it does go to 40c, some of us (the bondholders) will only have to pay 30c to pick up what the rest of you will be buying at 40c. I am more than happy with that deal.

SNOOPY

**bunter** · 03-12-2014, 03:59 PM

Yes, I sure wish I'd had the intelligence and foresight to take bonds instead of shares for my TUA shares. Oh well, too late now.

**percy** · 03-12-2014, 04:40 PM

Originally Posted by bunter

Yes, I sure wish I'd had the intelligence and foresight to take bonds instead of shares for my TUA shares. Oh well, too late now.

Why???
Your bonds are unsaleable,while your shares have increases 28%.and you with receive a divie.

**Snoopy** · 03-12-2014, 06:57 PM

Originally Posted by percy

Why???
Your bonds are unsaleable.<snip>

My bonds are unsaleable are they?

Anyone buying a DPC bond off me will be able to buy DPC shares for 30c (The actual number of shares being calculated from the face value of the bond) in October 2016. As a bonus, while you are waiting, you will receive 9.0% interest (gross) on the face value of the bond. However if the share price goes down below 30c by October 2016, you retain the option of getting the face value of the bond back in cash in October 2016.

Now, how much would you Bunter, (or anyone else), pay me for say $10,000 worth of bonds at face value on those terms? (genuine question)

SNOOPY

**percy** · 03-12-2014, 08:42 PM

Originally Posted by Snoopy

My bonds are unsaleable are they?

Anyone buying a DPC bond off me will be able to buy DPC shares for 30c (The actual number of shares being calculated from the face value of the bond) in October 2016. As a bonus, while you are waiting, you will receive 9.0% interest (gross) on the face value of the bond. However if the share price goes down below 30c by October 2016, you retain the option of getting the face value of the bond back in cash in October 2016.

Now, how much would you Bunter, (or anyone else), pay me for say $10,000 worth of bonds at face value on those terms? (genuine question)

SNOOPY

Great post.
I really don't see why you could not sell them,and use an off market transfer form.
I think it would pay to check with the share registry first of all, to make sure they will process the transfer.