TRA - Turners Automotive Group

[Pierre]

How anyone learns the language without growing up with it I'll never know lol

You only have to read some of the comments on social media to realise that even growing up with the language doesn't work for many people!

[Waltzing]

back to this flag ship company that reflects the true state of the economy...

not long till the RBNZ sends a message about the year ahead ...

https://www.youtube.com/watch?v=iqu132vTl5Y

mean while the KIWI continues to take such  a hammering that the prospect of a 50 handle lurks out there...economic hammer slammer..

this stock could actually outperform the lower the kiwi goes...its a SHORT on the KIWI!!!

HLG is a bet on the KANGA...

oil maybe about to plummet as the US unleases its oil and gas reserves.

could this push NZ inflation down? and pump TRA up? Higher margins ?

its looks to be a winner either way...

[BlackPeter]

Off topic and just shooting the breeze but I can see why the English language is so difficult for immigrants to learn.  As you suggest, there's so many curious mannerisms we carry through from years gone by.  Not just that but there are so many words that sound the same but are spelt so many different ways with different meanings.  e.g pour, poor, pore, paw, or hair, here, hare or even heir.   How anyone learns the language without growing up with it I'll never know lol

If you think English is difficult to learn - have a go at Chinese ;

[Waltzing]

the state of the economy and the aspirations of its classes can best described by this report...

https://www.nzherald.co.nz/nz/toyota-aqua-hatchback-retains-title-for-new-zealands-most-stolen-car-in-2024/T2UEWKHWKZDZBDKIVGQ7FUSPLM/

[Waltzing]

at least the marketing of this company makes sense ... it understands it target market and how to speak and sometime sing to it... TINA does a fair attempt song and hold her high notes...

more than crown research can do with whales songs to trees... 4 million project.

is there something that business in NZ still understands and government department dont...

and that is why this number 8 wire company works... it keeps to the basics..and it ... WORKS..

[Waltzing]

Is oil about to crash the market and that is why interest rates may over the next 12 months actually move lower as surprise surprise inflation reverses its stubborn patterns?

well beach it people and take that boat out as bunkering cars, boats and planes by next summer could bring on a indian summer...

TRA 10 dollars by 2030?

[Basil]

Looks like Turners have had a ripper third quarter.  They posted a record first half result for the six months to 30 Sept https://api.nzx.com/public/announcement/442516/attachment/432694/442516-432694.pdf despite dealer to public sales being very weak, (see dealer to public sales for the months of April to Sept 2024 compared to 2023, top right box), so decent market share gains must have been made in the first half.

Since then, sales have been much stronger, up 11.5% in October, 6% in Nov and 10.7% in December 2024.  Additionally, Turners commented in late November at their half year announcement, vehicle margins are recovering. On top of that will be market share gains this third quarter.
Net interest margin on their finance book is set to grow strongly with OCR cuts this year. 
https://www.turners.co.nz/globalassets/terms-and-conditions/market-report-cars---December-2024.pdf

Disc: I topped up with more TRA shares this week and am subscribed to the DRIP so will get even more later this month at $5.26

I noticed in the consumer price index statistics this week that used car prices were up by 4.7% in the last quarter and were a major contributor to the December quarter inflation number.  Bodes very well for a strong full year result.  With inflation well under control a 50 bps cut by RBNZ in February looks highly likely now with significant further cuts to come this year to lift the economy out of the doldrums.

[Waltzing]

That rise in the price of second hand cars is very interesting.

Its causes could tell us a lot about the economy as there surely is not a lack of stock out there.

[Waltzing]

Talking of stock where have all those V8 holden and Fords gone in the countries inventory...

Havnt seen a Holden on the roads in ages...

Who still owns one?

Did they all get shipped out and to which country? or which disassemble plant...re they cant be crushed already.

and speaking of being crushed ... it appears this market was pulverised..

and people wonder why money is leaving for other higher valued economies...

read it and weep... luck you all have some TRA ... TINA...

https://www.nzherald.co.nz/business/economy/new-zealand-economy-took-developed-worlds-biggest-hit-in-2024-hsbc/7VXRYHUWAVC3ZCYRE6KSYH5YSE/

[BlackPeter]

Talking of stock where have all those V8 holden and Fords gone in the countries inventory...

Havnt seen a Holden on the roads in ages...

Who still owns one?

Did they all get shipped out and to which country? or which disassemble plant...re they cant be crushed already.

and speaking of being crushed ... it appears this market was pulverised..

and people wonder why money is leaving for other higher valued economies...

read it and weep... luck you all have some TRA ... TINA...

https://www.nzherald.co.nz/business/economy/new-zealand-economy-took-developed-worlds-biggest-hit-in-2024-hsbc/7VXRYHUWAVC3ZCYRE6KSYH5YSE/

No doubt - TRA is a well run and profitable company. But still - what a joke our bourse and economy must be to allow a second hand car dealer to outshine most (or all?) of our primary industries. Clearly - not TRA's fault, but wouldn't we need these brains to run our country and our primary industries instead of a second hand car dealer?

[Waltzing]

 
It just that is this exco that isnt going anywhere the best brains have gone ballistic... (rocket off into the while blue yonder) ... while the conservative best of breed know where the bread and butter is ... finance markets for people popular transport  ...

in germany this company may save the transport industry...


https://www.youtube.com/watch?v=DABzuWLVPu4

[BlackPeter]

It just that is this exco that isnt going anywhere the best brains have gone ballistic... (rocket off into the while blue yonder) ... while the conservative best of breed know where the bread and butter is ... finance markets for people popular transport  ...

in germany this company may save the transport industry...


https://www.youtube.com/watch?v=DABzuWLVPu4

Maybe - its really cheap - only 1/3rd of a Leo 2 ($15m vs $42m) - and hey, German industry always produced superior tanks.

Not sure though, tanks will be very useful to win future wars. Too dear and too easy to stop with cheap landmines. My money would be on (as well) cheap AI controlled drones combined with a handful of hypersonic rockets. 

[BlackPeter]

Maybe - its really cheap - only 1/3rd of a Leo 2 ($15m vs $42m) - and hey, German industry always produced superior tanks.

Not sure though, tanks will be very useful to win future wars. Too dear and too easy to stop with cheap landmines. My money would be on (as well) cheap AI controlled drones combined with a handful of hypersonic rockets. 

Actually - just found that: https://hungarytoday.hu/germanys-new-superweapon-to-be-manufactured-in-hungary/#:~:text=It%20is%20also%20noted%20that,of%20a%20new%20Leopard%202.

If its produced in Hungary, than it will equip the Russian army. Hungary is run by another Putin loving tyrant.

Better not tell them that tanks might not be that useful in future ... though, they should know, shouldn't they?

Edit: Apologies to followers of this thread for the last 2 posts. I replied without checking the thread thinking we are on the Geopolitical risks thread.
Shall keep my peace on the TRA thread in future, unless its about TRA.

[Waltzing]

yes wrong thread... sorry about that comment on tonka toy's ...

If the US ships a lot more gas and oil over the next 3 to 4 years and oil comes down TRA should benefit as it will give people more coin to spend on getting about...

holidays in this country are not by train and planes as per europe but CARS....

miss those Swedish trains... would post a video of the commute in LandsKrona showing off the country side and wind farms...

complete with aussi ascents as they reach out drag your oversized bike bags on board just when you thought you had escaped that awful sound of Kanga's and kIWIS's. You cant escape them in even sweden.....

[Basil]

Tina said I've been a good dog, patted me and gave me another 1375 shares today.  That's pretty cool.  Onward and upward.  😃