| Latest Forum Topics / Avarga |
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papayaface
Supreme |
28-Feb-2021 14:33
Yells: "This is the best time to enter....when everythings uncertain" |
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Need to be cautious cos price already surged 3 cts or nearly 10% on high volume on Friday. So it may prompt those who bought on Friday to dump on Monday after price rise.  Be very care fooo please as recent good result announcements from Jiutian etc has met with immediate sold down. Good luck.
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OngBak
Veteran |
28-Feb-2021 11:50
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Cross $0.4 next week, stay tune
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papayaface
Supreme |
28-Feb-2021 11:49
Yells: "This is the best time to enter....when everythings uncertain" |
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Yes maybe Avarga will lead the SG market up tomorrow as it is time SG market huat. Good luck   
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AttasBoss
Elite |
28-Feb-2021 11:01
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Many good pints here:
Taiga as main contributors segment Lumper price surging Low interest rate in Canada and usa Suburban homes demand as a result of covid
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ghetto
Master |
28-Feb-2021 10:52
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Overview The Group achieved record revenue and profitability in 2020, despite the challenging global economic conditions caused by the spread of the COVID-19 coronavirus pandemic. The strong performance was attributed to Taiga Building Products Ltd (&ldquo Taiga&rdquo ), the building products business of the Group. A surge in commodity prices, particularly lumber, boosted margins for Taiga. In addition, Taiga benefitted from strong housing markets in Canada and the US, caused by record low interest rates, and the trend towards suburban homes as homeowners shifted away from densely populated cities and spent more time working from home due to the COVID-19 pandemic. For 2H2020, the Group reported net profit of S$54.4 million , an increase of 307% or S$41.0 million from S$13.4 million for 2H2019. The Group reported net profit of S$74.8 million for 12M2020, an increase of 84% or S$34.2 million from S$40.6 million for 12M2019. The Group&lsquo s revenue for 2H2020 was S$973.0 million, compared to S$715.3 million for 2H2019. Overall gross profit increased by S$87.2 million or 112% to S$165.1 million. Overall gross profit margin percentage increased from 10.9% for 2H2019 to 17.0% for 2H2020. The Group&lsquo s revenue for 12M2020 was approximately S$1.7 billion, compared to S$1.4 billion for 12M2019. Overall gross profit for 12M2020 increased by S$97.4 million or 65% to S$247.7 million. Overall gross profit margin percentage increased from 10.7% for 12M2019 to 14.6% for 12M2020.   |
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JerryMaple
Veteran |
28-Feb-2021 10:52
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Y are all of you talking about special dividend?Did Avarga say they are giving? They didnt mention about any special dividend on the FY report...Just one final dividend 0.78sgd..Total for 2020 will be 1.5cents..
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tcctcc
Senior |
28-Feb-2021 10:26
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Taiga special dividend will mean Avarga will receive around S$21 million. If divided by Avarga outstanding shares, around 2.2 cents.  How will the share perform tomorrow is anybody guess. Hope to see some analyst coverage than will move higher.    
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Beachlover0181
Member |
28-Feb-2021 10:06
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For those who want to read the details. https://www.theedgesingapore.com/capital/results/avarga-achieves-record-revenue-and-profitability-fy20-proposes-final-dividend-078 | ||||
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PQTPQK
Supreme |
28-Feb-2021 08:56
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Hope Cheong tomorrow!
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pkli899
Supreme |
28-Feb-2021 01:20
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We may get it wrong. Taiga dividend of CAD 27.64 cents will be payout sometime in Mar 21 only. Means money not yet reach Avarga.  So, obviously they can' t pay us before they get theirs right? Hence, we should hear about the divivdend in1st Q business update or latest 2nd Q/half year reporting. By that time, we may get news on IPO of Paper Business also. Another push up by then......huat ah.
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papayaface
Supreme |
27-Feb-2021 22:10
Yells: "This is the best time to enter....when everythings uncertain" |
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Wah another one with nice profits.  After Jiutian, its Oceanus, then Avarga ... the mrket should be huat and not crash, right ??? Good luck
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Piston88
Supreme |
27-Feb-2021 21:07
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Wow wow wow . :) Jerry power
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JerryMaple
Veteran |
27-Feb-2021 20:33
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Wow dude..Mai leh...Easily?We humble abit can?haha..Although i promote this counter few month liao but BB dont like smart alec..We lie low can liao..If up we celebrate..cheers..
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AttasBoss
Elite |
27-Feb-2021 19:19
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No idea, everything is positive, by right should gap up and close higher high
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hokpin
Supreme |
27-Feb-2021 18:29
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Hm, how much can it go Monday? | ||||
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JerryMaple
Veteran |
27-Feb-2021 17:18
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Paisei all..Earning amended..I haven deduct the non shareholders attributes: 1)Actual Result 2020 :54++mil net profit EPS:0.59 PE Ratio X10=59cents TP 2)Goldenapple estimate:54mil net profit EPS:0.056 PE ratioX10=56cents TP So you all know what to do?wait what? |
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PQTPQK
Supreme |
27-Feb-2021 17:07
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Big gap up monday !!!!
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chiachiawee
Elite |
27-Feb-2021 16:59
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From this, it seems they met goldenapple estimate. Now left to see what PE ratio the market will deem justify for co. Anyway, huat is huat! Doesn?t matter more huat or less huat.. Cheers
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Eatall
Veteran |
27-Feb-2021 16:52
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Wah.. Song song. Gao jurong
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Eatall
Veteran |
27-Feb-2021 16:50
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Ok huat
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