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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1 | 5000 | 2.400 |
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1 | 1276 | 2.350 |
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Price($) | Vol. | No. |
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2.470 | 5221 | 1 |
2.580 | 462 | 1 |
2.990 | 3376 | 1 |
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