Apprecaite your regular posts about news from the ground so to speak, but not too sure about your maths! You forecast 1-2% growth per day x 18 months and said that would double the price.. I just ran the calculation, using the £1.31 share price when you posted; 1% daily growth gives £302 in 18 months (£302 not £3.02) 1.5% gives £4500 and 2% gives £66000 I'd be happy with 1% growth per month, never mind per day
There's only me n you banging this drum mate. SP is all over the place with the talk of dividends and possible FTSE100. I'd be happy with a penny dividiend and the rest retained in the business. I think the next move may be buying out a few local builders to get even more prime land, but the important thing is for the business to have the cash available to move on any opportunities.
Not sure why there is speculation re dividend payments, of amounts discussed on this Board. Last years payment was 0.62p and the rest was retained in the business . So one would expect a rise commensurate with stated policy, forecast 0.98p. The only other option would be a one off special payment, say 5p, in which case this means the company has excess cash (or assets it can realise) and can find nothing better to do with it. For example, if a special dividend of 5p is paid, then the business has less assets, and the share price should fall accordingly. Current ROCE is likely to be 14%(ish), therefore better to retain earnings and get 14% return on that 5p, rather than pay out as a dividend and get 2% in a building society ? Or, one could spend it of course, and help the consumer driven economy. Unless, TW decide to announce that all excess cash will be paid out as special dividends (similar to PSN), in which case you cannot expect the share price to rise in future.
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