| Latest Forum Topics / Avarga |
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oil and gas laggard to RECOVERY
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JerryMaple
Veteran |
01-Mar-2021 13:35
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Should hv list it in Canada haha.. Anyway hope there is a special dividend next quarter.. This year should still be a good year.. Anyway still holding tight as ever.. Fundamental still strong.. Hope will bear fruits soon..
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pkli899
Supreme |
01-Mar-2021 13:26
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Yes, yes......they updated on this in their report. I' m still positive about them generally. Only 50 to 60c TP is a bit far fetch......at least for now.
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JerryMaple
Veteran |
01-Mar-2021 13:19
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Hmm PK.. I think they increased their Taiga holding from 69.7 to 71.6%..at average price of 1.06cad.. The price now is 3.3cad.
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pkli899
Supreme |
01-Mar-2021 13:13
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So there is a reason for reduced DPU. Didn' t read their latest announcement when I posted the below. My bad......sorry. They bought into a listed in KLSE company (10%).
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Eatall
Veteran |
01-Mar-2021 12:43
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Ya... Pearce...
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Bryant24
Member |
01-Mar-2021 12:38
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You are right that this is a free chat. So i can always warn others about how crappy and nonsensical you are in your postings. Dont get so agitated unless i hit you right at the spot. Peace out.
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shk363
Elite |
01-Mar-2021 12:37
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yes sounds like a strategic move. cannot only depend on timber
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JerryMaple
Veteran |
01-Mar-2021 12:34
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Then you can dont read...Its a free chat..If you find it nonsense then so be it..Some other ppl might find it valuable..Dont have to warn here warn there..Its all on the internet..Its still better than you empty shell just making nuisance comment..
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Ligaya
Master |
01-Mar-2021 12:33
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There will be no silent readers without content.
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Bryant24
Member |
01-Mar-2021 12:25
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Friend,why get so heated up? I am just asking the general public to be wary of you and thats all.  To me,what you posted is a shitload of nonsense. Dont matter to me if you are winning tons of money. That is your own business. Just here to warn others about you. Peace out.
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JerryMaple
Veteran |
01-Mar-2021 12:21
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Did i say the stock price will go up for sure?I am just sharing the info that i did daily..Isnt the share price went up to 37.5cents?I tell u la..Its only ppl behave like you that will stop ppl from sharing..Go do your own homework then..Go fxxKing see the counters i am in...All historical record profit.,Did i send ppl to holland? If you cant hold stocks then sorry for you...no way you can make money if you are paperhand..
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AttasBoss
Elite |
01-Mar-2021 12:17
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I think the Co use the dividend receivables from Taiga to purchase a list Co logistic Co in Bursa, reinvest the dividend to acquisition instead of payout to maximize return.. Positive move for long run. | ||||
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Bryant24
Member |
01-Mar-2021 12:16
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Sorry friend to dissapoint you,i have mentioned that i am a slient reader,vested since 20 series last year. The only reason why i am posting here is because i am vested in this counter. Your antics is really too much. Just asking the general public that read this thread to be careful of you,why get so heated up unless you did something wrong? Your actions really deserved to be looked at by relevant authorities. 
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JerryMaple
Veteran |
01-Mar-2021 11:56
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Friend..you lose ah?Flame me bcos of your paperhand?Most ppl here make money though..Get a life man..
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shk363
Elite |
01-Mar-2021 11:52
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ya think taiga dividend should be in next quarter's dividend pay out
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pkli899
Supreme |
01-Mar-2021 11:36
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There may be some reasons for price drop. First of all, we got it wrong, thinking since subsidiary Taiga giving CAD27.64 cents DPU, Avarga will correspondingly also give fat dividend. We didn' t take in the fact that Avarga will get Tiaga' s dividend sometime this month only. They can only give us after receiving from Taiga. That' s provided they want to be generous. Another reason many may overlook is they had revised their dividend policy again. This time is 30% of profit. Down from 40 - 50%. This is not favourable, as investors will think they are fickle minded. Having announced the 40 - 50% dividend policy not too long ago. They changed it so soon. The trust in them is affected by this event.  They also mentioned Taiga performance may not be repeated in 2021. All this factors contributed to current price movement. We can only hope they announce a good dividend during 1st Qtr business update or latest 2nd Qtr results reporting. Another event we may look forward to is the IPO of Paper Business. As for the sales of Power Plant, I' m fairly sure it is off already. Not a single word was mentioned in the latest reporting.  Better DYODD before deciding on your next move for this counter. I' m vested and my holding is still intact. |
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Piston88
Supreme |
01-Mar-2021 11:16
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Ya drop 12 %
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chiachiawee
Elite |
01-Mar-2021 11:12
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pick at 0.28-0.29. keep going. cheers. | ||||
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hokpin
Supreme |
01-Mar-2021 11:12
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Almost every counter sells on news. A dump lousy SGX. LOL!
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gravity8888
Supreme |
01-Mar-2021 11:10
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Really sell on news.. Sgx stock all like that | ||||
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