Turners announcement 30th July;Turners FY 20 Investor Roadshow.page 4
[perhaps a kind poster will post a screenshot of page 4]
...............NZ USED CAR MARKET STILL AT STRONG HISTORIC LEVELS............
.......................Underlying demand still strong.
.......................Margins have recovered from low point Oct/Nov 2018..
And from attending the Roadshow I found out Turners are trading well.
Registrations of used import vehicles were down yet again in July – as the market continues to struggle in what appears to be a declining economic environment.
Registrations of passenger vehicles were down 7.6% for the month to 12,791 – now down 8% for the year to a total of 81,642.
Registrations of used import vehicles were down yet again in July – as the market continues to struggle in what appears to be a declining economic environment.
Registrations of passenger vehicles were down 7.6% for the month to 12,791 – now down 8% for the year to a total of 81,642.
Read page 4.of The Roadshow.perhaps you can put up a sreen shot of it for us.
Less than 10% of Turners volume comes from used imports.
Percy wants you all to read this Slide from Roadshow
It’s all looking good for Turners ...and I remain a (small) disillusioned shareholder who was sucked in by ST hype along with a delusional Board.a couple more divies and i’ll be OK
“ At the top of every bubble, everyone is convinced it's not yet a bubble.”
Percy wants you all to read this Slide from Roadshow
It’s all looking good for Turners ...and I remain a (small) disillusioned shareholder who was sucked in by ST hype along with a delusional Board.a couple more divies and i’ll be OK
Thanks Winner 69.
Yes buying companies that pay good dividends,and who have the capacity to keep paying them,or even increasing them,is worthwhile.
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