TRA - Turners Automotive Group

[Perky]

Yes guilty as charged winner on STU earnings. They certainly aren't a poster child for consitency...Last few years going the right way.

Both TRA and STU probably a traders dream..buy low, ride the wave..sell high...collect the nice divvy along the way. ...then get out....rinse and repeat...shame I'm not that clever.

Ultimately to me it comes down to going into a recession or likely period where consumers have cost of living inflation and higher interest rates and less money...do you want to be selling a lump of steel (used cars) or just the steel.

Don't remind Basil that fuel taxes about the come back on and local and central govt want consumers out of their cars

[winner (n)]

Turners haven't had a share buy back for a while

Mustn't be thinking the shares are 'undervalued' at the moment

[winner (n)]

Share price holding above 3 bucks

Baker et al said ad nauseam 3 to 4 years ago it's intrinsic value was way over 3 bucks.

Nothing seems to have changed

[KW]

The only surprise is it took this long to get told off by KW...I knew it was coming lol
In my defense, I am investing for retirement income and the age old cliche "don't bite the hand that feeds you" springs readily to mind.  With a payout ratio of under 70%, (which could be tweaked to maintain the dividend if absolutely necessary), and with Turners coping with the prevailing headwinds really well I thought I would take the opportunity to post below a full list of other stocks on the NZX paying you a 10% gross yield on a quarterly basis.

What if I told you you could get similar, a 6.5% dividend yield on a payout ratio of 69% but the chart looks like this?  The stock market is a game of risk vs reward and it helps if you have an uptrend to act as a tailwind 
 
You cannot view this attachment.

[Basil]

Share price holding above 3 bucks

Baker et al said ad nauseam 3 to 4 years ago it's intrinsic value was way over 3 bucks.

Nothing seems to have changed

Earnings and dividends have increased nicely since then.
Some guy once said "be greedy when others are fearful".  I believe you know who some guy is 

Worth chatting about some more in due course KW.

[KW]

Earnings and dividends have increased nicely since then.
Some guy once said "be greedy when others are fearful".  I believe you know who some guy is 

Worth chatting about some more in due course KW.

Also from my pictured company  "As a Board we are very aware that our share price has been disappointing and sits below its IPO price despite the group recording 7 years of consistent sales growth and with earnings per share twice that of the company at IPO."

You can be greedy, but timing is still everything 

[Fiordland Moose]

What if I told you you could get similar, a 6.5% dividend yield on a payout ratio of 69% but the chart looks like this?  The stock market is a game of risk vs reward and it helps if you have an uptrend to act as a tailwind 
 
You cannot view this attachment.

old adairs eh

[BlackPeter]

Well, yes - Chat AI is great! Here are its reasons why you should buy in a downtrend:

You cannot view this attachment.

[winner (n)]

Nick Cave a bit grumpy about this ChatGPT thing

https://www.theguardian.com/music/2023/jan/17/this-song-sucks-nick-cave-responds-to-chatgpt-song-written-in-style-of-nick-caveAnd f

[LoungeLizard]

Nick Cave a bit grumpy about this ChatGPT thing

https://www.theguardian.com/music/2023/jan/17/this-song-sucks-nick-cave-responds-to-chatgpt-song-written-in-style-of-nick-caveAnd f

Fair enough too. The "song" did suck.

[Ricky Bobby]

A bit more buyer depth finally coming back in! If u are thinking about it, nows a good time top up??..

[Basil]

A bit more buyer depth finally coming back in! If u are thinking about it, nows a good time top up??..

Only you can decide that Ricky.  Maybe go back right to the start of this thread and read every post and read the recent presentation the company made, link provided in post #104

[Left Field]

Turners do a good job with their market statistics.....

See them here; https://www.turners.co.nz/globalassets/terms-and-conditions/market-report-cars---december-2022.pdf

A few headwinds in this market it would seem.

[winner (n)]

Turners do a good job with their market statistics.....

See them here; https://www.turners.co.nz/globalassets/terms-and-conditions/market-report-cars---december-2022.pdf

A few headwinds in this market it would seem.

ee they didn't includr the share price chart lol .... would have looked out of place

[winner (n)]

Turners do a good job with their market statistics.....

See them here; https://www.turners.co.nz/globalassets/terms-and-conditions/market-report-cars---december-2022.pdf

A few headwinds in this market it would seem.

If you want to receive each month Raymond.chan@turners.co.nz will put you on the distribution