Nice write up in the latest The Boat Fund Monthly Report:
"In summary there are a lot of reasons to like TWD. In particular, in our view TWD:
• Is a well-run business established by a current director with plenty of skin in the game;
• Is run by a well-regarded management team with extensive industry experience;
• Has a demonstrable track record as a listed entity over nearly 15 years across various economic conditions;
• Is a capital light business with a partially variable cost base more able to adjust to economic conditions;
• Exhibits a very robust balance sheet with no debt;
• Provides strong income returns to investors through a high dividend payout ratio (with scope for further increases in the payout ratio);
• Generates very high return on equity;
• Will achieve diversification out of key the SEQ market with earning upside opportunity through expansion into Sydney and Melbourne markets; and
• Reasonable valuation.
For these reasons we have built a position in TWD over the last 8+ months and retain it as a core larger holding within the Fund."
- Forums
- ASX - By Stock
- TWD
- Ann: Half Year Accounts and Appendix 4D
Ann: Half Year Accounts and Appendix 4D, page-5
Featured News
Add TWD (ASX) to my watchlist
(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) ? |
Featured News
TWD (ASX) Chart |