if they acheive those npat figures the share price at the moment would mean there on a pe of 2-4 with div/share of 10cps + lol rediculous cheap if they acheive that. of course it takes a bit of faith to think they will.
And heading to 130 where most said it should have been a few years ago
Let’s say 130 by Christmas eh
And any takeover price looking better
Forget about the takeover this is a growth story now. Double engine growth dream. SP needs to catch up to fundamental value and then multiple expansion
All super encouraging today but we all need to remember that this all turns to crap with just one bad weather event. But for holders - let's bask in a little light in an otherwise quite dark NZ sharemarket.
Lets say TWR deserve 14 PE (morningstar say industry avg is 16.. so 14 is conservative).
If they do $80m npat in FY26 (upper end of guidance/target) that's $80mx14= $1,120 market cap.
Current market cap is $265m. I.e. over next 2 years if all is rosy and with a bit of luck its a 322% gain
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