Happy with the results under the circumstances.
I appreciate the non-sanitised, non-corporate talk, direct engagement with shareholders:
Then remember this announcement on 5th of June, and so important for total context:
Hence my continued belief that TWD is through an industry level two year turn around in results.
There is a massive undersupply of houses required, so the demand side will just keep building up.
Two years is a while to wait, but the reason I wait is I am reasonably confident in two years time as all the residential building issues fix themselves I will be collecting 21c - 30c FULLY FRANKED dividends per share. Thats a 10-15% fully franked yield.
By the time those dividends come to fruition the share price will be 50% higher.
So its a case of buy now and be patient.
Happy to wait and be patient!!!
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$2.74 |
Change
-0.010(0.36%) |
Mkt cap ! $103.2M |
Open | High | Low | Value | Volume |
$2.75 | $2.76 | $2.74 | $5.527K | 2.017K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 4297 | $2.74 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.76 | 186 | 1 |
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No. | Vol. | Price($) |
---|---|---|
1 | 4297 | 2.740 |
1 | 366 | 2.730 |
1 | 370 | 2.700 |
1 | 10000 | 2.520 |
4 | 9400 | 2.500 |
Price($) | Vol. | No. |
---|---|---|
2.760 | 186 | 1 |
2.800 | 2778 | 1 |
2.880 | 250 | 1 |
2.950 | 3700 | 1 |
3.010 | 2819 | 1 |
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