Originally Posted by
banter
Agree - I make it 3.8m bought back; 13.9m to go, approx.
2016 estimated EPS is 25 cps, using post-buyback shares-on-issue of 155m.
Past 7 years mid-point PE is approx 10.2, giving a share value of around 2.55
In 2014 they made and paid out 14.5cps.
This year 20.1c and next year 25c, as above, is my guess.
Given a growth factor of 12%, 2016 gross dividend yield of up to 13%, and present (apparent) depressed share price, TWR looks like a good long term bet (second best of the shares I track).
Market certainly not too excited about TWR though.