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pkli899 Supreme	21-May-2021 14:07        pkli899 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Today getting dividend (21.5.21). Less than one month getting another (18.6.21). Where to find such qtrly pay out.....except for some reits & DBS. Really worth to keep long term.
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pkli899 Supreme	20-May-2021 13:20        pkli899 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Totally agree. Good prospect. WBdisciple      ( Date: 20-May-2021 11:07) Posted: Share buybacks are a way for management to show their confidence in the Company' s fundamentals and prospects.  Avarga has been pro-active in giving dividends and share buybacks...such small cap companies are a rarity in equity markets.
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pkli899 Supreme	20-May-2021 13:18        pkli899 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Thank you for the good read. WBdisciple      ( Date: 20-May-2021 07:31) Posted: Strong boost for AVARGA since their Canda company, Taida,  is the leading independent wholesale distributor of building materials.  Taiga operates 15 distribution centres in Canada, 3 distribution centres in the Western USA and 6 reload stations in Eastern USA Surging lumber prices weigh on US homebuilding THU, MAY 20, 2021 - 5:50 AM US homebuilding fell more than expected in April, likely pulled down by soaring prices for lumber and other materials, but construction remains supported by an acute shortage of previously owned homes on the market. The plunge in homebuilding reported by the Commerce Department on Tuesday was concentrated in the single-family housing market segment. The number of houses authorised for construction but not yet started increased to the highest level since 1999, suggesting hesitancy on the part of builders. " Builders are delaying starting new construction because of the marked increase in costs for lumber and other inputs," said Mike Fratantoni, chief economist at the Mortgage Bankers Association in Washington. " These supply-chain constraints are holding back a housing market that should otherwise be picking up speed, given the strong demand for buying fuelled by an improving job market and low mortgage rates." Housing starts tumbled 9.5 per cent to a seasonally adjusted annual rate of 1.569 million units last month. Data for March was revised lower to a rate of 1.733 million units, still the highest level since June 2006, from the previously reported 1.739 million units. Economists polled by Reuters had forecast starts would fall to a rate of 1.710 million units in April. Starts surged 67.3 per cent on a year-on-year basis in April. Groundbreaking activity dropped in the Midwest and the densely populated South, but rose in the North-east and West. Demand for bigger and more expensive accommodations amid the Covid-19 pandemic, which has forced millions of Americans to work and study from home, has fuelled a housing market boom. But the virus has disrupted labour supply at saw mills and ports, leading to shortages of lumber and other raw materials, boosting prices and threatening to sideline first-time homebuyers from the market. The inventory of previously-owned homes is near record lows. Tariffs on steel imports are also adding to building costs. Lumber prices surged 89.7 per cent on a year-on-year basis in April, showed the latest producer price data. A survey from the National Association of Home Builders (NAHB) on Monday showed confidence among single-family homebuilders holding steady in May. The association noted that " some builders are slowing sales to manage their own supply chains" . A survey by the Institute for Supply Management published early this month showed that businesses in the construction industry reported challenges finding and retaining skilled and unskilled workers, with some companies saying " we are not accepting all the work that we could if we had the labour" . Permits for future homebuilding rose 0.3 per cent to a rate of 1.760 million units in April. They soared 60.9 per cent compared to April 2020, and are running ahead of starts, which suggests a rebound in homebuilding in the months ahead. Single-family homebuilding, the largest share of the housing market, dropped 13.4 per cent to a rate of 1.087 million units in April. It retreated further below the more than 14-year high scaled in December - a sign that builders could be holding back because of the more expensive materials and lack of labour. Building permits for single-family homes fell 3.8 per cent to a rate of 1.149 million units. The number of housing units authorised to be built but not started surged 5 per cent to a rate of 232,000 at the end of April, the highest since the government started tracking the series in January 1999. " It is currently somewhat uncertain when exactly supply issues could be resolved," said Isfar Munir, an economist at Citigroup in New York. " Eventually, however, we expect that backlogs of demand could keep housing activity supported into the end of the year." The housing market has been the star performer in the economy' s recovery from the Covid-induced recession, which started in February 2020. Residential construction investment has enjoyed double-digit growth since the third quarter of last year. Most economists expect housing will have a neutral impact on gross domestic product growth in Q2 2021. Starts for the volatile multi-family segment rose 0.8 per cent to a pace of 482,000 units in April. Building permits for multi-family housing projects accelerated 8.9 per cent to a rate of 611,000 units. With more than a third of the American population vaccinated against Covid-19 and restrictions on services businesses being lifted, people are flocking back to cities. Housing completions fell 4.4 per cent to a rate of 1.449 million units last month. Single-family home completions edged up 0.1 per cent to a rate of 1.045 million units. Realtors estimate that single-family housing starts and completion rates need to be in a range of 1.5-1.6 million units per month to close the inventory gap. The stock of housing under construction increased 0.6 per cent to a rate of 1.312 million units last month.
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MarcLim Veteran	20-May-2021 11:09        MarcLim About Contact  Quote this Post!
x 0   x 0  Alert Admin	👍 🏻 🤝 🍻 WBdisciple      ( Date: 20-May-2021 11:07) Posted: Share buybacks are a way for management to show their confidence in the Company' s fundamentals and prospects.  Avarga has been pro-active in giving dividends and share buybacks...such small cap companies are a rarity in equity markets.
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WBdisciple Elite	20-May-2021 11:07        WBdisciple About Contact  Quote this Post!
x 0   x 0  Alert Admin	Share buybacks are a way for management to show their confidence in the Company' s fundamentals and prospects.  Avarga has been pro-active in giving dividends and share buybacks...such small cap companies are a rarity in equity markets.
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MarcLim Veteran	20-May-2021 11:02        MarcLim About Contact  Quote this Post!
x 0   x 0  Alert Admin	Mai Lai. Better tank more, so new investor can buy. easily 5-6% dividend.  shk363      ( Date: 15-May-2021 10:18) Posted: would have tanked to 20s if not for share buyback
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WBdisciple Elite	20-May-2021 07:31        WBdisciple About Contact  Quote this Post!
x 1   x 0  Alert Admin	Strong boost for AVARGA since their Canda company, Taida,  is the leading independent wholesale distributor of building materials.  Taiga operates 15 distribution centres in Canada, 3 distribution centres in the Western USA and 6 reload stations in Eastern USA Surging lumber prices weigh on US homebuilding THU, MAY 20, 2021 - 5:50 AM US homebuilding fell more than expected in April, likely pulled down by soaring prices for lumber and other materials, but construction remains supported by an acute shortage of previously owned homes on the market. The plunge in homebuilding reported by the Commerce Department on Tuesday was concentrated in the single-family housing market segment. The number of houses authorised for construction but not yet started increased to the highest level since 1999, suggesting hesitancy on the part of builders. " Builders are delaying starting new construction because of the marked increase in costs for lumber and other inputs," said Mike Fratantoni, chief economist at the Mortgage Bankers Association in Washington. " These supply-chain constraints are holding back a housing market that should otherwise be picking up speed, given the strong demand for buying fuelled by an improving job market and low mortgage rates." Housing starts tumbled 9.5 per cent to a seasonally adjusted annual rate of 1.569 million units last month. Data for March was revised lower to a rate of 1.733 million units, still the highest level since June 2006, from the previously reported 1.739 million units. Economists polled by Reuters had forecast starts would fall to a rate of 1.710 million units in April. Starts surged 67.3 per cent on a year-on-year basis in April. Groundbreaking activity dropped in the Midwest and the densely populated South, but rose in the North-east and West. Demand for bigger and more expensive accommodations amid the Covid-19 pandemic, which has forced millions of Americans to work and study from home, has fuelled a housing market boom. But the virus has disrupted labour supply at saw mills and ports, leading to shortages of lumber and other raw materials, boosting prices and threatening to sideline first-time homebuyers from the market. The inventory of previously-owned homes is near record lows. Tariffs on steel imports are also adding to building costs. Lumber prices surged 89.7 per cent on a year-on-year basis in April, showed the latest producer price data. A survey from the National Association of Home Builders (NAHB) on Monday showed confidence among single-family homebuilders holding steady in May. The association noted that " some builders are slowing sales to manage their own supply chains" . A survey by the Institute for Supply Management published early this month showed that businesses in the construction industry reported challenges finding and retaining skilled and unskilled workers, with some companies saying " we are not accepting all the work that we could if we had the labour" . Permits for future homebuilding rose 0.3 per cent to a rate of 1.760 million units in April. They soared 60.9 per cent compared to April 2020, and are running ahead of starts, which suggests a rebound in homebuilding in the months ahead. Single-family homebuilding, the largest share of the housing market, dropped 13.4 per cent to a rate of 1.087 million units in April. It retreated further below the more than 14-year high scaled in December - a sign that builders could be holding back because of the more expensive materials and lack of labour. Building permits for single-family homes fell 3.8 per cent to a rate of 1.149 million units. The number of housing units authorised to be built but not started surged 5 per cent to a rate of 232,000 at the end of April, the highest since the government started tracking the series in January 1999. " It is currently somewhat uncertain when exactly supply issues could be resolved," said Isfar Munir, an economist at Citigroup in New York. " Eventually, however, we expect that backlogs of demand could keep housing activity supported into the end of the year." The housing market has been the star performer in the economy' s recovery from the Covid-induced recession, which started in February 2020. Residential construction investment has enjoyed double-digit growth since the third quarter of last year. Most economists expect housing will have a neutral impact on gross domestic product growth in Q2 2021. Starts for the volatile multi-family segment rose 0.8 per cent to a pace of 482,000 units in April. Building permits for multi-family housing projects accelerated 8.9 per cent to a rate of 611,000 units. With more than a third of the American population vaccinated against Covid-19 and restrictions on services businesses being lifted, people are flocking back to cities. Housing completions fell 4.4 per cent to a rate of 1.449 million units last month. Single-family home completions edged up 0.1 per cent to a rate of 1.045 million units. Realtors estimate that single-family housing starts and completion rates need to be in a range of 1.5-1.6 million units per month to close the inventory gap. The stock of housing under construction increased 0.6 per cent to a rate of 1.312 million units last month.
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shk363 Elite	15-May-2021 10:18        shk363 About Contact  Quote this Post!
x 0   x 1  Alert Admin	would have tanked to 20s if not for share buyback
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ysh2006 Supreme	15-May-2021 08:50        ysh2006 About Contact  Quote this Post!
x 0   x 0  Alert Admin	This stock Peter Lim he himself buy the shares too under his name...
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pkli899 Supreme	14-May-2021 20:01        pkli899 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Another buy back of 4 m shares today. Managed to keep price at respectable 0.31. Well, for those who still want to short, go try lor. Later backside get burnt until cannot recognise, don' t cry hor.
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money4life Senior	14-May-2021 10:37        money4life About Contact  Quote this Post!
x 0   x 0  Alert Admin	Seems like it doesn' t help. I think I better queue at 0.275 to get more  pkli899      ( Date: 12-May-2021 15:47) Posted: Yesterday buy back 5 m shares.......very good job. Now shortist dare not anyhow try luck. They need to guess when do buy back......that' s the way.
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SgYuan Supreme	12-May-2021 18:58        SgYuan About Contact  Quote this Post!
x 0   x 0  Alert Admin	strong rebound from day 150ma 275 w1 hit cloud 33 also upper trendline
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pkli899 Supreme	12-May-2021 15:47        pkli899 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Yesterday buy back 5 m shares.......very good job. Now shortist dare not anyhow try luck. They need to guess when do buy back......that' s the way.
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MarcLim Veteran	08-May-2021 20:54        MarcLim About Contact  Quote this Post!
x 0   x 0  Alert Admin	👍 🏻 pkli899      ( Date: 08-May-2021 16:37) Posted: Last 2 days sell down probably because leak out of putting on hold of Paper Business IPO. The announcement of better than expected 1st qtr results, especially Tiaga' s performance, should help arrest the decline on Monday. 4 times increased in net profit, comparing to 1st qtr last year, for Taiga is spectacular. Lumber price is still on up trend (USD 1,700 currently, compare to below USD 400 on average). Hence, Taiga' s coming few qtrs will still be good. As for the Power Plant, no impact felt as of now. Anyway, the revenue contribution is just a few percents. Really no adverse effect even if it' s affected by the unrest. Management should do shares buy back to support price as and when required. This will deter shorting. I' m quite optimistic that the total dividend will add up to about 2 cents for the entire year.  This will mean 6% yield base on share price of 33 cents. So much better than FD. I' ll keep my holding for long term for sure.  DYODD
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alfredx Senior	08-May-2021 20:20        alfredx About Contact  Quote this Post!
x 0   x 0  Alert Admin	The price tank due to XD on 6May .. actually i rather the listing deal off.. they too harsh in listing le.. might do harm to avarga if thing dont work out.. i rather collect dividend stable.. i believe mid to long term is a good stock for everyone.. shk363      ( Date: 08-May-2021 20:02) Posted: upp listing deal off no wonder price tanked
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shk363 Elite	08-May-2021 20:02        shk363 About Contact  Quote this Post!
x 0   x 0  Alert Admin	upp listing deal off no wonder price tanked
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KenMcGormick Member	08-May-2021 19:49        KenMcGormick About Contact  Quote this Post! Style: Flexible   Mood:
x 0   x 0  Alert Admin	OK la... looks like my estimates quite good KenMcGormick      ( Date: 20-Apr-2021 16:20) Posted: Just checked from the annoucement. " Taiga does not generally hedge its commodity price risk through the purchase of lumber futures contracts. Substantially all purchases are made based on current orders and anticipated sales, and most sales are made from inventory or against product on order. Inventory levels are monitored in an attempt to achieve balance between maximum inventory turnover and anticipated customer demand. Although Taiga strives to reduce the risk associated with price changes by maximizing inventory turnover, Taiga maintains significant quantities of inventory, which is affected by fluctuating prices. Taiga selectively utilizes Chicago Mercantile Exchange Random Length lumber futures contracts. Each contract calls for mill delivery of 110,000 board feet (plus or minus 5000 board feet) of random length 8-foot to 20-foot nominal 2-inch x 4-inch pieces. The contracts can be settled in cash or by delivery of a commodity. These positions are immaterial relative to the Company&rsquo s consolidated inventories. " Anyway, i think as long as lumber price is supported above 1000 and the demand for lumber remains strong. Taiga would be able to maintain a high turnover which would mean the revenues should increase with margins being stable. PE ratio of 6 for a company in commodities sector is quite hard to find in the current climate. I' ll just wait until the Aug results ba... superstartup      ( Date: 20-Apr-2021 12:01) Posted: Bro, Actually not really. This was also explained by company in one of their previous result announcement. Last year, spike in lumber price is good for Taiga. Why? Cause before that, the price is stagnant. So Taiga' s existing inventory on hand is at low cost. When lumber price spiked last year, Taiga is able to sell / price their building materials at prevailing high price (while cost is very very low). Hence Taiga made one time (big) from the spike in lumber price for its existing inventory. That Q (2Q ago) where Taiga made substantial increase in profit. Subsequently, Taiga will have to buy new inventory at the higher price.  As Taiga is not a lumber producer. Housing starts, will influence the performance of Taiga. Just sharing.
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alfredx Senior	08-May-2021 17:06        alfredx About Contact  Quote this Post!
x 0   x 0  Alert Admin	Much more agreed with u totally.. gonna increase my stake on monday.. hope the price won't spike up so fast first.. long term so much better than bank FD.. pkli899      ( Date: 08-May-2021 16:37) Posted: Last 2 days sell down probably because leak out of putting on hold of Paper Business IPO. The announcement of better than expected 1st qtr results, especially Tiaga' s performance, should help arrest the decline on Monday. 4 times increased in net profit, comparing to 1st qtr last year, for Taiga is spectacular. Lumber price is still on up trend (USD 1,700 currently, compare to below USD 400 on average). Hence, Taiga' s coming few qtrs will still be good. As for the Power Plant, no impact felt as of now. Anyway, the revenue contribution is just a few percents. Really no adverse effect even if it' s affected by the unrest. Management should do shares buy back to support price as and when required. This will deter shorting. I' m quite optimistic that the total dividend will add up to about 2 cents for the entire year.  This will mean 6% yield base on share price of 33 cents. So much better than FD. I' ll keep my holding for long term for sure.  DYODD
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pkli899 Supreme	08-May-2021 16:37        pkli899 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Last 2 days sell down probably because leak out of putting on hold of Paper Business IPO. The announcement of better than expected 1st qtr results, especially Tiaga' s performance, should help arrest the decline on Monday. 4 times increased in net profit, comparing to 1st qtr last year, for Taiga is spectacular. Lumber price is still on up trend (USD 1,700 currently, compare to below USD 400 on average). Hence, Taiga' s coming few qtrs will still be good. As for the Power Plant, no impact felt as of now. Anyway, the revenue contribution is just a few percents. Really no adverse effect even if it' s affected by the unrest. Management should do shares buy back to support price as and when required. This will deter shorting. I' m quite optimistic that the total dividend will add up to about 2 cents for the entire year.  This will mean 6% yield base on share price of 33 cents. So much better than FD. I' ll keep my holding for long term for sure.  DYODD
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MarcLim Veteran	08-May-2021 16:07        MarcLim About Contact  Quote this Post!
x 0   x 0  Alert Admin	Ops! Every quarter, more than 2c dividend... MarcLim      ( Date: 08-May-2021 15:19) Posted: up from 36 to 42. Not bad 😅 78 +42+42 : 162.  based on price 0.295c. 5.49% dividend. New players to join in after XD.  Octavia      ( Date: 08-May-2021 14:05) Posted: Dividend 0.42c Ex-date:28May21 Payable date:18Jun21   Very fast another round of dividend coming up.
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