Ann: Annual Report to shareholders, page-3

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!!!