On a Price/Book basis, TWR still looking very cheap compared to peers. Management are doing a good job of refocusing the business and putting the Christchurch disaster behind them. If you assess the Christchurch claims performance, they are seriously outperforming their peers, which is a great reflection on the vastly improved operating efficiency of the new TWR.
A simplified GI business, plenty of surplus capacity on the balance sheet, cheapish valuation metrics, a somewhat fragmented (at least compared to Australia ) but consolidating NZ GI market .... who knows, could they be preparing themselves for a sale process?
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Last
$1.49 |
Change
0.000(0.00%) |
Mkt cap ! $510.4M | |||
| Open | High | Low | Value | Volume |
| $1.49 | $1.49 | $1.47 | $8.296K | 5.583K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 20547 | $1.46 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.50 | 800 | 1 |
View Market Depth
| Last trade - 15.34pm 01/07/2025 (20 minute delay) ? |
| TWR (ASX) Chart |