LOL nice one mate...just for you seeing as Turners is a vehicle business https://www.bing.com/videos/search?q...B952&FORM=VIRE
In this day and age maybe we're both wrong and this "electrifies" Turners performance ;)
LOL nice one mate...just for you seeing as Turners is a vehicle business https://www.bing.com/videos/search?q...B952&FORM=VIRE
In this day and age maybe we're both wrong and this "electrifies" Turners performance ;)
Trade Me: Median price for used cars spikes $3500 in two years
https://www.nzherald.co.nz/business/...3DFAVJ7CJFK2Q/
Nice money if you're selling...since when do used cars appreciate in value? Now they do!
Turners clipping the ticket on both transactions, plus there's at least a 6 cent quarterly div arising shortly. Go Turners!
Turners were also interviewed on Radio NZ this afternoon regarding the increase in second hand car prices. Good exposure as the spokespeople for the second hand car trade.
It is easier to get the required mark up on higher price vehicles than lower prices. Higher prices also equal higher loans which is another key part of the business
Results out from WHS and HLG this week, (in particular recent trading), show the lockdown effects on business at the moment are very real and they hurt. Last year they paid 20 cents in total, (from memory), so even if they maintained that run rate with the pending quarterly dividend at 5 cents in my opinion that would be an outstanding result in the circumstances.
On the subject of liking one's own car...sometimes the fine art of contentment is a difficult art to master but its much easier when the value is going up :t_up:
Moola owner looking to raise $30m to expand into vehicle finance market
https://www.nzherald.co.nz/personal-...ectid=12476327
Bit more competition for Turners
Probably a newbie question sorry, but is there likely to be another dividend payout this year?
Historically sometimes there has been, other times not. Is there anywhere to find out that information?
I can find the historical data easily enough but not upcoming (until they have been announced).
https://www.nzx.com/instruments/TRA/dividends
You will find the NZX site quite useful, good luck.
Duplicate Post
Hi, thanks.
Yes, that is one of the places I looked.
July is the Final, but in 18 / 19 / 20 there has also been an interim in October, so my expectation (maybe optimistic - newbie remember ;-) ) was that there would be one this October?
Haven't seen anything to confirm that though.
Regards.
With alot of companies, historic dividend schedules have been messed up with Covid, especially if they took a prudent approach to conserving cash after the initial lockdown last year. Some companies have paid out later, paid special divvys or just maintained cash.
For TRA and an October divvy, might be a little late to announce now, but I guess just keep an eye out on their announcements.