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Pinned straw:
Curious if others have looked at TRA.ax or TRA.nzx
Price is 4.11 NZX or 4.48 ASX
MC - 396 mill
PE 11.31
Revenue 417 mill
Quarterly divi -around 8%
revenue has increased from 26 mill in 2021 to 33 mill in 2024
Great ad campaign with Tina from Turners, treat employees good (share program for employees)
4 main divisions - Auto retail, Insurance, Finance and Credit Management
Entered the NZX50 Portfolio index in 2024
New Zealand is a small market which is Negative.
TRA up significantly since earnings released:
Key HY24 financial metrics
• Revenue $209.0m (- 2%)
• EBIT $31.0m (+3%)
• NPBT $26.9m (+5%)
• NPAT $19.3m (+4%)
• Earnings per share 21.8 cps (+2%)
• Q2 dividend declared at 7.0 cps
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