TWD

1.11%

$2.67 tamawood limited

Ann: Annual Report to shareholders, page-11

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noomxx

7,336 Posts.

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27/10/23

21:38

Post #: 70586876
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Originally posted by spider5: ↑

I do agree with a lot of what you have said but I do not think we are returning to Great Depression or GFC scenarios. There is still a lot of pentup funds unspent. It might be that they are in the wrong demographic to alleviate the problem but I believe that it will mitigate it to some extent. The boomers in particular (ie the Bank of Mum & Dad or even Grandma & Grandpa BMD) are still holding a lot of uncommitted money. If you check with brokers you would find that there are quite a lot of loans propped up by BMD during refinance. If that is milked as well then I would be more inclined to consider the possibilities which you set out. During the GFC which was a quite different cause but with similar effects the severity of the downturn from a market point of view was more than 50% corrected between 27th Feb 2009 when the ASX was 3296 and 31st Dec 2009 when it was 4882. Like it did not flatline for 2-3 years. I think the current still bouyant housing market and the lack of supply together with the industry inability to provide that supply will continue to keep prices above any rock-bottom scenarios we might see predicted. Outside of that I think we are on the same page - particularly regarding TWD resilience.

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lol this is the problem of trying to extrapolate macro factors onto an individual stock.

Very very happy with my position in TWD and managed to acquire at low prices.

Now the tide is potentially turning, the selling volume dries up and positions can't be created.

A case of buy straw hats in winter, with a major insider, that runs the company very well for shareholders as a whole.

TWD Price at posting: $2.40 Sentiment: Buy Disclosure: Held
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(20min delay)
Last $2.67		Change -0.030(1.11%)		Mkt cap ! $100.6M

Open	High	Low	Value	Volume
$2.67	$2.67	$2.67	$29.37K	11K

Buyers (Bids)

No.	Vol.	Price($)
2	2919	$2.60

Sellers (Offers)

Price($)	Vol.	No.
$2.67	547	1

View Market Depth

No.	Vol.	Price($)
2	2919	2.600
2	4400	2.580
1	2000	2.550
1	3552	2.530
1	10000	2.510

Price($)	Vol.	No.
2.670	547	1
2.760	186	1
2.800	2778	1
2.880	250	1
2.990	3650	1

Last trade - 12.39pm 16/08/2024 (20 minute delay)

TWD (ASX) Chart

Ann: Annual Report to shareholders, page-11

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Ann: Annual Report to shareholders, page-11

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