TRA - Turners Automotive Group

[winner (n)]

thinking the NZ market is not a growth market ... and if this is a growth stock ? well it is dominate and well run...

JOB market holding up in US and rates wont be coming down any time soon...

Like your chart you posted yesterday waltz ...quite cool

TRA's EPS trends is it

[winner (n)]

NZX50 inclusion could see TRA share price go to $5 plus ....if HLG experience anything to go buy

Take into account it'll probably be over $4 before the announcement

[Waltzing]

No winner thats the CIGAR chart from an investor site for people who want to know which button to press on DA calculator for that fancy growth formula from MR B G H..

BGH.... Ben G....

https://en.wikipedia.org/wiki/Benjamin_Graham_formula

[winner (n)]

NZX50 inclusion could see TRA share price go to $5 plus ....if HLG experience anything to go buy

Take into account it'll probably be over $4 before the announcement

Seems you need to read the footnotes of Bens book to learn its just a guess

[Basil]

NZX50 inclusion could see TRA share price go to $5 plus ....if HLG experience anything to go buy

Take into account it'll probably be over $4 before the announcement

Agreed.  HLG's index inclusion was good for 28% juice to the upside.  I think my good mate Seaweed is going to be licking his wounds if he misses out on $5 this summer.  Going to have a $5 Turners celebration party on my boat this summer so my mates can toast their success in style.   You're very welcome to come along and join in the fun mate. 👍

[Waltzing]

yes but what about the rest of the NZX?

https://www.nzherald.co.nz/business/stand-off-why-the-nzx-may-be-next-in-line-for-double-digit-correction/UUZJJWA5AJEVZIG6A6BWFCMZAI/

Does one stock a summer make!!!!

[BlackPeter]

yes but what about the rest of the NZX?

https://www.nzherald.co.nz/business/stand-off-why-the-nzx-may-be-next-in-line-for-double-digit-correction/UUZJJWA5AJEVZIG6A6BWFCMZAI/

Does one stock a summer make!!!!

Mmh - just wondering how good ForBars record is in predicting share price movements?

[Waltzing]

oh no sky's falling !!!!

https://www.youtube.com/watch?v=e-U2NguwMmc

[winner (n)]

Last year H1 npbt was $23.4m....this year $25m plus

That's pretty good .....amazing really


http://nzx-prod-s7fsd7f98s.s3-website-ap-southeast-2.amazonaws.com/attachments/TRA/419682/404766.pdf

[Waltzing]

Cant be right... an OP Shop company business selling old bangers is the market leader and now get all the attention here when on the forums a few years ago it was all retirement property development....

it is truly amazing ...

but technology is the future and energy is the new frontier to power economies... wind powered cars? will the new nuclear powered rocket in the land of the EVIL empire mean nuclear powered cars anytime soon?

but of course nuclear power is banned in NZ...

can we turn this thead is a complete mess...

ok we will need a comprehensive data set for this stock as it become the new market darling ...

but wait there is more... its got a loan book... AAA plus over old bangers!!!

really its is truly AMAZING!!

[Basil]

Measured in the context of a very weak economy, a cost-of-living crisis, very weak retail, a very weak sharemarket and very strong headwinds on finance margins this really is a very, very encouraging update.

Once we get through the current headwinds, with their future branch expansion, increasing market share, normalized finance margins and normal economic conditions, oh my goodness we are set for some great years ahead.

[Waltzing]

sell side is almost empty... 

hens teeth...

would someone sell some ....

hiding like Kiwis in the BUSH...

[Basil]

Why would anyone in their right mind sell this, given pending NZX50 inclusion will probably be confirmed less than 2 months away by S&P indices on Saturday 2 December our time?  The more important thing is the metrics.  Still only on a froward PE of only 10 @$4 for a company with a decade long history of growing earnings at a CAGR of 7%!  That PE makes no sense to me and hasn't for quite some time, hence backing up the truck some time ago.

The real risk here for those like me already very well positioned is selling too cheaply.  As I see it the intrinsic value of a stock that's proven to be this resilient and has a CAGR of 7% is its worth a PE of 14.5 (no growth PE of 7.5 + 7) so on 40 cps that's $5.80.    Never sell high quality growth stocks on compelling fundamentals too cheaply is how I see it.

[LoungeLizard]

Gone ex-dividend today and stock has gone UP 19c! Remarkable. Basil and Winner have called it bang on again.

[winner (n)]

Share price on way to 5 bucks

Todd seduced the market again with a good rave