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

[sb9]

Except for the one-offs which are becoming habitual?

Yes, agree to that. I've more regard for Hunter and his team than Baker and Board. Let's see how it pans out.

[winner69]

From today's presentation...

"All business divisions tracking ahead of budget and ahead of FY19 at end of Q1"

Don't forget Q119 was pretty disappointing and weak

[sb9]

Don't forget Q119 was pretty disappointing and weak

Yes, got that. And also note its not just ahead of FY19, but also ahead of Budget. Two different parameters to compare against.

Sounds like positive start for FY20.

[sb9]

From today's NBR online behind paywall (pretty much everything is)...
Turners plot growth with refreshed business plan

[Joshuatree]

A teaser thanks, anyone got a summary? TRA and PAZ the only stocks in my portfolio not in the red atp. Only 9000 sold maybe to the buyback.

[Balance]

http://nzx-prod-s7fsd7f98s.s3-websit...682/304798.pdf

Another 4m shares to sell by Milford.

Guess TRA's management has failed to convince Milford that there are wonderful news in the offing?

[percy]

http://nzx-prod-s7fsd7f98s.s3-websit...682/304798.pdf

Another 4m shares to sell by Milford.

Guess TRA's management has failed to convince Milford that there are wonderful news in the offing?

Looks as though Milford are going to be happy sellers for some time, as the buy back is only for 1.834mil shares.

[Balance]

Looks as though Milford are going to be happy sellers for some time, as the buy back is only for 1.834mil shares.

You would think that TRA should just let the sp drift down to $2 before buying off Milford, now that it is soooooo obvious that Milford has had enough of TRA's strategic confusion?

Why use the company's funds to bail out one shareholder unless?

[percy]

You would think that TRA should just let the sp drift down to $2 before buying off Milford, now that it is soooooo obvious that Milford has had enough of TRA's strategic confusion?

Why use the company's funds to bail out one shareholder unless?

Agreed.
Under $2 would be fun.
The share buy back is avaliable for any share holder who wants to sell.It is on market,so anyone who wants to sell better get on with it,before Milford run the price even lower..

[Balance]

Agreed.
Under $2 would be fun.
The share buy back is avaliable for any share holder who wants to sell.It is on market,so anyone who wants to sell better get on with it,before Milford run the price even lower..

Now, don't you go scaring away the other buyers who are on the sideline hoping to pick up a few 'cheap' and getting cheaper (since 2017) shares!