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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Last
$2.65 |
Change
-0.070(2.57%) |
Mkt cap ! $102.5M | |||
| Open | High | Low | Value | Volume |
| $2.74 | $2.74 | $2.61 | $34.63K | 12.98K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 234 | $2.65 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.80 | 5000 | 1 |
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| Last trade - 16.10pm 04/07/2025 (20 minute delay) ? |
| TWD (ASX) Chart |