TWR - Tower Insurance.

[Rawz]

There is another 50% appreciation on the table over the next 12 months IMO. Still cheap at these levels and with projected demand for the stock. Being in the NZX50 is worth another couple of turns on the multiple.

TWR guidance for FY26 i.e. 2 years out of $70m uNPAT or eps of 0.184. Say you apply a conservative 10 P/E to that multiple then its $1.84 sp target. This really is conservative considering TWRs industry peers are trading on much higher than 10 multiples.

So yes 50% appreciation on the cards for next 12 months is definitely doable.
Then more after that for 24 months out.

SP is in a strong up trend and we are entering the cycle of interest rates dropping (not good for investment income but good for risk on assets). A lot to like holding TWR.

And as i type it hits $1

[bull....]

30% roughly what hlg , tra went up on index inclusion , gentrack well that was to the moon

[Leemsip]

Looks like another good day for TWR. Started at $1 on decent volume. The ride continues...

[bull....]

forbar's research in june on twr. they rate it well undervalued

https://www.forsythbarr.co.nz/assets...rojections.pdf

[peat]

forbar's research in june on twr. they rate it well undervalued

https://www.forsythbarr.co.nz/assets...rojections.pdf

insurance sector very quiet now (claims wise) so could be right

[Sideshow Bob]

Looks like another good day for TWR. Started at $1 on decent volume. The ride continues...

Toot Toot. The Tower train continues, another 4.5%.

Keep stoking FB!!