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UPP Spin-off + Tiaga Building Shares 52wk high Post Reply Rate topic
PQTPQK Supreme	24-Nov-2020 09:03        PQTPQK About Contact  Quote this Post!
x 0   x 0  Alert Admin	cheong 0.30 tpday !! OngBak      ( Date: 24-Nov-2020 09:02) Posted: Hosay liao, fly liao
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OngBak Veteran	24-Nov-2020 09:02        OngBak About Contact  Quote this Post!
x 0   x 0  Alert Admin	Hosay liao, fly liao
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johnng Supreme	23-Nov-2020 21:13        johnng About Contact  Quote this Post!
x 0   x 0  Alert Admin	Based on the above, I think the motivation to drive monetization of UPP (Power) to completion is present. The merits of the expansion and/or potential listing of UPP (Paper) are as follows: 1. Listing of UPP (Paper) will inject fresh capital into the business with no need to depend on existing retained earnings. Reliance on retained earnings can mean that expansion is slower. UPP (Paper)&rsquo s listing will also provide it with an additional avenue for capital whenever it requires expansion it can do its separate equity or debt issuance with little or no reliance on Avarga to grow. 2.Listing of UPP (Paper) immediately provides investors with a market value of UPP (Paper) removing ambiguity to its valuation which creates a more stable share price for Avarga. 3.Listing of UPP (Paper) can result in partial monetization of shares and result in bumper one-off dividend for shareholders. We are seeing companies like Wilmar International Limited taking this route. 4.UPP (Paper) can expand its brand recognition through a listing exercise. 5. Nine Dragons Paper (Holdings) Ltd (2689 HK) had announced their results last week, and they had performed above analysts&rsquo expectations. Analysts from HSBC, Credit Suisse, Daiwa and Goldman Sachs had lifted its target price on the back of the positive surprise and expectations of improving performance going into 2021. This bodes well for paper manufacturing businesses looking to seek a listing as they are able to achieve a higher valuation. " Avarga has a strong track record of returning cash to investors when they dispose assets, this allows investors in Avarga to share in the fruits of the company&rsquo s success. " The plans for UPP (Power) and UPP (Paper) will likely catalyze further upside to shareholder' s dividends." Listing is a process that needs to run its course and based on Avarga&rsquo s reply we know this is still in its preliminary
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johnng Supreme	23-Nov-2020 21:06        johnng About Contact  Quote this Post!
x 0   x 0  Alert Admin	UPP Spin-off + Tiaga Building Shares 52wk high
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