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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$2.79 |
Change
0.180(6.90%) |
Mkt cap ! $105.1M |
Open | High | Low | Value | Volume |
$2.78 | $2.85 | $2.78 | $16.28K | 5.823K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 4644 | $2.79 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.85 | 2442 | 2 |
View Market Depth
No. | Vol. | Price($) |
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1 | 4644 | 2.790 |
1 | 1650 | 2.630 |
1 | 1000 | 2.610 |
2 | 11200 | 2.600 |
1 | 2500 | 2.570 |
Price($) | Vol. | No. |
---|---|---|
2.850 | 1827 | 1 |
2.880 | 250 | 1 |
3.010 | 2819 | 1 |
3.100 | 767 | 1 |
3.120 | 3250 | 1 |
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