TRA - Turners Automotive Group

[lorraina]

https://stockhead.cmail19.com/t/d-l-vlhlhut-yupddjlly-m/

[Onemootpoint]

No, Tina from Turners didn't die

https://www.stuff.co.nz/entertainment/tv-radio/300897291/no-tina-from-turners-didnt-die

[Basil]

Saw it posted elsewhere that BP has bought a medium sized parcel.  Oh my goodness,...after all these years of such overt negativity.

Curious what's changed for you BP ?     

[Onemootpoint]

Saw it posted elsewhere that BP has bought a medium sized parcel.  Oh my goodness,...after all these years of such overt negativity.

Curious what's changed for you BP ?   

Haha, yes, I saw that too and wasn't sure whether I should repeat that 'feat' here or not. You would have seen Todd comment that he considers it a win.

[Basil]

Yes Todd made it clear it was one of his KPI goals to get BP on board.  Maybe BP was invited to attend a personal meeting with Todd and Tina and Tina gave him a big hug   Maybe now I have over 100,000 shares I get a hug as well lol.

[BlackPeter]

Saw it posted elsewhere that BP has bought a medium sized parcel.  Oh my goodness,...after all these years of such overt negativity.

Curious what's changed for you BP ?     

Why don't you just ask me in the other forum, given you read it anyway? It is quite unpolite that you always seem to have the need to comment on the other forum, but over here. Its like talking about others behind their back. Didn't your parents taught you that this is unpolite?

Just post over there if you dare. ;

But anyway - sure, opposed to you who only seems to see just the positive or just the negative (depending on whether you are in up or down ramping mode) do I normally see both risks as well as opportunities for any stock.

Given that you make no secrets out of the opportunities, I used to emphasize the risks to create some balance - this is not overt negative.

The reason I see now the opportunities weighing heavier than the risks is that it looks in my view more and more likely for NZ to get reasonably smooth and in full employment through the announced recession (which may or may not come).

This would moderate the risks I saw related to loan defaults rising and a demand dropping. May still come, but if it does probably in a manageable way.

Incidentally it appears the market shares this view with SP currently approaching the golden cross.
 

[LoungeLizard]

Why don't you just ask me in the other forum, given you read it anyway? It is quite unpolite that you always seem to have the need to comment on the other forum, but over here. Its like talking about others behind their back. Didn't your parents taught you that this is unpolite?

Just post over there if you dare. ;

But anyway - sure, opposed to you who only seems to see just the positive or just the negative (depending on whether you are in up or down ramping mode) do I normally see both risks as well as opportunities for any stock.

Given that you make no secrets out of the opportunities, I used to emphasize the risks to create some balance - this is not overt negative.

The reason I see now the opportunities weighing heavier than the risks is that it looks in my view more and more likely for NZ to get reasonably smooth and in full employment through the announced recession (which may or may not come).

This would moderate the risks I saw related to loan defaults rising and a demand dropping. May still come, but if it does probably in a manageable way.

Incidentally it appears the market shares this view with SP currently approaching the golden cross.
 

I think we're all singing from the same page here, BP. We've all analysed the risk/rewards and seen an opportunity.  I have a small holding and may add a few more. And hey - whisper it - there remains the chance of TRA being included in the NZX50

[Basil]

Blatant attempted deflection BP.  Just admit it, you have FOMO after missing the strong HLG gains and can't stand to miss out again   

[BlackPeter]

Blatant attempted deflection BP.  Just admit it, you have FOMO after missing the strong HLG gains and can't stand to miss out again   

May I suggest you stop trolling and spreading untruths.

At the time you were ramping HLG on the other forum (like early last year), SP was above $7. What an amazing investment HLG was since then. But I recon you rely on people having exceptional short memories, do you?

[winner (n)]

May I suggest you stop trolling and spreading untruths.

At the time you were ramping HLG on the other forum (like early last year), SP was above $7. What an amazing investment HLG was since then. But I recon you rely on people having exceptional short memories, do you?

Those were the days ....HLG over $7 and TRA about $4.50

Both companies just as good, maybe even better, than back then but market views as to what they are 'worth' has changed

Even my views have changed since then ....nothing wrong with that

[Basil]

Yeap, NZX50 gross index inclusive of dividends is down 15% from the peak, (~ 13,800 to ~ 11,800) so a company that's paid high dividends over that time and is down ~ 15% has well and truly outperformed the market. Arguably the biggest key factor undermining the current valuation of stocks relative to where they were is the rise in the 10 year risk free Govt stock rate from approx. 0.5% a couple of years ago to ~ 4.5% yesterday.  That and the steepest rate of OCR increases ever.

A rising tide lifts all boats and unfortunately a falling tide has the opposite effect.  In this market unfortunately it's been a case of where's best to hide and.
HLG and TRA have been better than most.

I'm very confident that once we get through to the other side of this recession, quality will shine through and in due course, both stocks will make new highs.
In the meantime, unlike the vast majority of other stocks, we're being paid very handsomely with gross yield of approx. 9% to wait.

Both are classic GARP stocks, (growth at a reasonable price), despite the resident naysayer calling them pure cyclical's for so many years I have lost count.

[winner (n)]

Way the new 2 Cheap Cars are talking Turners need to up their game to maintain their so-called 'market leadership'

[lorraina]

Turners have raised "The Bar" for all second hand car dealers.
The sector is so much better because of Turners' leadership.

ps.They also have a good number of Kias for sale..lol

[BlackPeter]

Turners have raised "The Bar" for all second hand car dealers.
The sector is so much better because of Turners' leadership.

ps.They also have a good number of Kias for sale..lol

Do they?

Just checked their Christchurch branch (on
TradeMe). 58 cars currently listed, of them zero Kia's.

Which sort of makes sense. They buy their used cars in Japan. Kia is made in South Korea.

[BlackPeter]

Do they?

Just checked their Christchurch branch (on
TradeMe).
https://www.trademe.co.nz/a/motors/dealer/2-cheap-cars-christchurch
58 cars at time of writing this listed, of them zero Kia's.

Which sort of makes sense. They buy their used cars in Japan. Kia is made in South Korea.