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
$2.74 |
Change
0.180(7.03%) |
Mkt cap ! $103.2M |
Open | High | Low | Value | Volume |
$2.56 | $2.74 | $2.56 | $3.497K | 1.311K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 11200 | $2.60 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.72 | 1 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 11200 | 2.600 |
1 | 1650 | 2.570 |
1 | 3274 | 2.560 |
1 | 744 | 2.530 |
1 | 396 | 2.520 |
Price($) | Vol. | No. |
---|---|---|
2.720 | 1 | 1 |
2.740 | 3500 | 1 |
2.750 | 2000 | 1 |
2.800 | 1615 | 1 |
2.880 | 250 | 1 |
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