TWD

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$2.67 tamawood limited

It definitely smelt of conflicting interest ( partic that of...

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spider5

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06/08/23

14:21

Post #: 69185280
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Originally posted by PetrStiff: ↑

I think the separation of durable consumer goods (i.e. kitchen sinks) from discretionary vegan products made sense for Astivita. Reading some AIR reports, it suggests kitchen sinks were profitable while the vegan stuff wasn't. After some snooping I am comfortable with the AIR purchase by Tamawood but it definitely smells of conflicting interest. i.e. the kitchen sink division of AIR will profit more from the buy out than TWD and TWD is likely to be burdened in the short to midterm if not long term. Not too sure about the synergies. There is some for sure. Seems like almost shareholders except Lev disapproved the buy out (according to the general meeting results).

On another note SenterpriSYS is listed on the NSX! WTF. I've been amateur investing for 4years and wasn't even aware the NSX existed. This blows my mind.

@noornmxx agree with all your comments. The no BS management, repulsion to debt and Lev's major founding shareholding makes me very bullish. TWD doesn't seem speccy to me at all. Its just a tiny neglected microcap with near zero growth. Very safe imo. Most certainly safer now then the many highly leveraged blue chips who are desperately selling their assets to cover rising interest and lease payments.

We are also due for an el nino phase which is good for free cash flow. These can last for a year if not years... I am an eminent shareholder. just a bit more reading to do.

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It definitely smelt of conflicting interest ( partic that of Lev) but it was not to a point where it was damaging to TWD and I believe there were some synergies albeit very slight. My point at the time was that it was very protective of Lev's interest but not to the disadvantage to any degree of TWD shareholders. Anyway no real affects have occurred and the deal was seen to be legal.

TWD Price at posting: $2.10 Sentiment: Buy Disclosure: Held
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(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)

TWD (ASX) Chart

It definitely smelt of conflicting interest ( partic that of...

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It definitely smelt of conflicting interest ( partic that of...

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