TWD 0.81% $2.45 tamawood limited

Ann: Half Year Accounts, page-34

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    I am happy to share with you - I know you have dug deep and that in itself gives me some comfort above what I held before. Over the years I have held I have mostly been concerned about the volume of inter-related trades. Rents, computer services and some accounting are all within the director's interests. I have eventually formed the opinion that to some extent they are actually keeping the costs down via these transactions. In most other investments and circumstances I would expect that some milking was taking place. Nevertheless I guess you have got a weather eye on them as I have over the last 10 years or so.
 
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