TRA - Turners Automotive Group

[seaweed]

this post is off topic but related to cars.... and investors with AUS portfolios...

It appears that china needs resources and it will do anything to get them for EV's

https://www.youtube.com/watch?v=SNag4j0nmKU

Wow what a shocker. That documentary should be put on TVNZ to show all the EV drivers how wrong they are in trying to save the planet. Someone should also let the Greens know there is nothing wrong with a farting cow compared to the thousands of tons of crap that these Chinese monster factories are pumping out, not to mention the 8 to 10 people getting horrifically injured every day and many dying. Shame on those Indonesian and Chinese governments.

[Waltzing]

off topic again... sorry..

now if you can find one of these on the auction floor the NZDF should consider these for areas to defend like the re woods in roto vagas....and the south island....


great value for money... none left though they look to be all sold out..


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


and if your worried about cow pollution dont tell GP tell wellington career govt officials....

now polluting engines you cant go far past this...

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

and whar about the number if freight liners on the road everyday in NZ... there are hundreds in the Golden Triangle...

[Waltzing]

this auction well...

https://www.youtube.com/watch?v=IgYMO1FbUC4

[Basil]

Wow what a shocker. That documentary should be put on TVNZ to show all the EV drivers how wrong they are in trying to save the planet. Someone should also let the Greens know there is nothing wrong with a farting cow compared to the thousands of tons of crap that these Chinese monster factories are pumping out, not to mention the 8 to 10 people getting horrifically injured every day and many dying. Shame on those Indonesian and Chinese governments.

Interesting post, thanks for sharing, mate. I think hybrids with small batteries that halve your fuel consumption are the sweet spot mate.  Small batteries don't cause much pollution making them, but fuel consumption can be approx. halved and no range anxiety or road user charges.  I need to save some CO2 emissions to make up for all the fuel my boat uses lol

Looking forward to Turners reporting later this month.

[Dolcile]

The problem I have with hybrids is there is twice as many things to go wrong and you don't get the maintenance savings that you do on an EV. 

Glad my ev battery doesn't contain nikel. 

[SmallSteps]

The problem I have with hybrids is there is twice as many things to go wrong and you don't get the maintenance savings that you do on an EV. 

Glad my ev battery doesn't contain nikel. 

I used to think that, but it's not really the case. No alternator, no starter motor, so no drive belts (I think, it's raining so can't check). Less brake wear because of power regen. Less engine idling / slow running.
I liked the idea of electric but wouldn't want to deal with the charging side of things.
Also no extra Tax !
 

[Waltzing]

there is no doubt about it... nuclear powered car is the only solution...

go nuclear!!!

[Basil]

Had one of these with the gorgeous tan leather for about 9 months now, really happy with it and nothing has gone wrong so far. Really impressed with the quality and technology for the pretty reasonable money.  Effectively a 4WD EV powered by electric motors which is charged with an on-board generator motor, 1.5 liter.   Range about 1,000 km and takes 2 minutes to fill up with petrol.  No road user charges and averaging only 5.1 liters per 100 km for a 2 ton SUV.  Agree there's lots of equipment to go wrong but that's what the 5 year 150,000 km warranty is for lol.  https://www.youtube.com/watch?v=PpK7Fv_QNd0&t=124s
I could easily spend 4-5 times the money on some luxury Euro SUV which would probably have a lower level of technology and equipment and depreciate like it is falling off a cliff, but what's the point.  Todd actually recommended I stick with Japanese made because they're far more reliable.  Avoid the Euro's he said.  Vastly higher level of depreciation and number of problems.

[Waltzing]

you had one of those... yup this is the one alright... are there any shows around like this one?


https://www.youtube.com/watch?v=vFRyxz2Agq8

[winner (n)]

Our man Todd posted this on other channel ....hope it doesn't intrude into my life but no doubt some of you will be in raptures with it

From Todd -

Hot off the press ... Tina 2.0 launches this Sunday night during TV1 News with a 90 second ad. Not many car dealers running 90 second ads!

You can see it here.

Supported with a massive digital campaign as well.

https://www.turners.co.nz/tina-from-turners-new-ad/?utm_source=internal&utm_medium=email&utm_content=TinasRoadTrip&utm_campaign=EDM-Cars-SEL-TinasRoadTrip-TOF_Brand

Hope you all like it.
Cheers

Todd

[Pierre]

Our man Todd posted this on other channel ....hope it doesn't intrude into my life but no doubt some of you will be in raptures with it

Its definitely going to intrude on your life Winner - you won't be able to get the tune out of your head!

This ad will be massively popular - and I look forward to Turners brand recognition, market share and SP increasing as a result.

[Waltzing]

https://www.youtube.com/watch?v=t-0nFtnlY7k

det är upp .....

[Dolcile]

Maybe, I'm forecasting eps of 50.5 cps in FY26 and based on the mid point of 65% divvy payout that's nearly 33 cps so they're certainly capable of paying 4 x 8 cps.  If 33 cps fully imputed was to be paid, that's 33 / 0.72 = 45.83 cps gross and on a share price of $5.87 (when I last looed an hour or so ago that's 7.8% gross yield which is a very solid yield considering its prospects for ongoing growth in the future.

The more and more I look at Turners the more I like it.   Roughly a 7.5% gross dividend with 35% of earnings reinvested in growth. I just wish I could get a few more - but the sell depth is non existent.

[BlackPeter]

The more and more I look at Turners the more I like it.   Roughly a 7.5% gross dividend with 35% of earnings reinvested in growth. I just wish I could get a few more - but the sell depth is non existent.

Pretty sure you could fix the problems with the sales depth pretty easily. Just put a proper offer into the market. I would probably start thinking about selling my shares around $9 ... (obviously given the current conditions).

[Basil]

Turners remains my #1 investment position on the NZX.  I have complete confidence in Todd, Aaron and the rest of the team.  I have them on a FY26 PE estimate of 12 based on my estimate of FY26 eps of 50 cps.  Given their astonishing track record of resilience and growth over the last 5 years and the brand power being grown with their award winning marketing, I see the shares as rock solid value at $6 and am looking forward to all the growth in the future.

As you say Dolcile, their ability to grow retaining approx 35% of earnings while contemporaneously paying a high, sustainable, reliable and rapidly growing level of fully imputed quarterly dividend income, marks them out as a standout investment.  Knowing that all the senior management are fellow Alumni from Auckland University gives me an additional level of comfort that these guys have their heads well and truly screwed on properly.    Additionally, Todd holds about 800,000 shares so our interests are aligned.

I noted 10,000 on offer all day yesterday at $6.04.  It crossed my mind several times to take advantage of that...and I might still do so next week, but I am pretty well positioned already. 

Looking forward to them reporting FY25 later this month.  My pick is NPBT of $55 to $56m, and that's where analysts have their estimates for FY26 !  Analyst upgrades will be forthcoming, in my opinion.