| Latest Forum Topics / Avarga |
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UPP
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superstartup
Supreme |
24-Aug-2020 15:36
Yells: "Enjoy doing Fundamental Research" |
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That one likely fake support. Sell to them please. Need change hands / players.
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superstartup
Supreme |
24-Aug-2020 15:34
Yells: "Enjoy doing Fundamental Research" |
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Medical King Medtecs and big Gloves companies may drag all medical counters down with it. I hope don' t drag our lumber counter with it also. Possible some medical $ switch over to lumber? Price of lumber increased 100% since end of Jun 20. In Avarga latest Annual Report, the Chairman took pain to explain its business. He even included the price chart of lumber, and explain why increasing lumber price is good for the company.   |
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eric998
Supreme |
24-Aug-2020 15:30
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200 may not hold.. need big hands to buy up the 215, 210.. | ||||
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Noob-me
Member |
24-Aug-2020 15:25
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How Long are we looking at? And what tp?
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Wind22i
Supreme |
24-Aug-2020 14:53
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Shld huat , with peter , tong and the rise in timber prices
Tong is also the owner of theedge.. |
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superstartup
Supreme |
24-Aug-2020 14:29
Yells: "Enjoy doing Fundamental Research" |
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Did some further research. Avarga is 20% owned by Peter Lim Eng Hock, which needs no further introduction. The other major shareholder is Tong Kooi Ong, holding 31% of the company. Who is this guy? TONG KOOI ONG Executive Chairman Mr. Tong is an entrepreneur and an analyst. He has business interests in media, property development, digital technologies and other businesses in Singapore, Malaysia and Canada. He is on the board of M+S Pte Ltd, a joint venture between Khazanah Nasional Berhad and Temasek Holdings (Private) Ltd. Just sharing additional info.   |
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Contratrader
Elite |
24-Aug-2020 13:34
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standard procedure la..
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Wind22i
Supreme |
24-Aug-2020 13:33
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Well it has fundamental and dividend 4%..
canada unit profit if continue go up due to lumber price increase... It will be positive for avarga.. |
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superstartup
Supreme |
24-Aug-2020 13:23
Yells: "Enjoy doing Fundamental Research" |
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See SGX web. Company announcement.
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Noob-me
Member |
24-Aug-2020 13:15
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Where' s the query?
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Wind22i
Supreme |
24-Aug-2020 12:54
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Taiga is Canada's largest wholesale distributor of building materials, such as lumber, panels, mouldings, sidings, engineered wood, flooring etc | ||||
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Wind22i
Supreme |
24-Aug-2020 12:52
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I am excited more on taiga...its canada lumber material distribution and operation.. since prices of lumber has dramaticly rise... | ||||
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superstartup
Supreme |
24-Aug-2020 12:49
Yells: "Enjoy doing Fundamental Research" |
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Just realised company tio query by SGX. So far, companies ganna queried by SGX all chiong la. Hope Avarga no exception, and keep climbing north over this week and next.   |
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Wind22i
Supreme |
24-Aug-2020 12:40
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Yes lumber now usd 800++..!
So will likely be even better next results ... Dyodd... |
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superstartup
Supreme |
24-Aug-2020 12:33
Yells: "Enjoy doing Fundamental Research" |
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But then, do your own due diligence la.
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superstartup
Supreme |
24-Aug-2020 12:30
Yells: "Enjoy doing Fundamental Research" |
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Here you go. Extracted from Taiga Buildings' latest financial statement:  Gross Margin Gross margin for the quarter ended June 30, 2020 increased to $42.7 million from $34.9 million over the same period last year. Gross margin percentage was 12.0% for the three months ended June 30, 2020 compared to 9.8% in the same period last year. These increases were primarily due to rising commodity prices Gross margin for the six months ended June 30, 2020 increased to $73.3 million from $62.4 million over the same period last year. Gross margin percentage was 10.8% for the six months ended June 30, 2020 compared to 9.7% in the same period last year. These increases were primarily due to rising commodity prices.  Extracted from Avarga' s latest financial statement: Revenue from the building products business of Taiga for 1H2019 increased by 6% to S$692.5 million from S$655.1 million over the same period last year. The increase was largely due to the Group experiencing higher selling prices for its commodity products during the period which was offset by a significant decline in revenue during April 2020 as a result of Covid-19. Gross margin for 1H2020 increased by S$11.3 million or 18% to S$74.9 million from S$63.6 million over the same period last year. Gross profit margin percentage increased from 9.7% for 1H2019 to 10.8% for 1H2020. The increase in gross profit margin percentage was primarily due to rising commodity prices. 
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Starship
Supreme |
24-Aug-2020 12:24
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Does UPP own and produce Lumber or they buy lumber to produce Paper Products? If it' s the former, then it' s good for the company. But if it' s the latter then it' s terrible for them.
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ysh2006
Supreme |
24-Aug-2020 12:19
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So share price should jump 1.5 times too!!
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superstartup
Supreme |
24-Aug-2020 12:04
Yells: "Enjoy doing Fundamental Research" |
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When CPO prices up a lot, brokerage houses initiated research coverage on listed companies. Hope these brokerage houses do the same for lumber related companies. (or they are the ones accumulating now? as seen from the strong Bids.) Avarga (UPP) EPS ended 30 Jun 2020 1.57c.  Annualised EPS will be say, 3.14c PE Ratio say 10x = Share Price 31.4c [Yet to factor in the super jump in Lumber price from around USD400 as at end Jun to over USD800 as of to-date.]    
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Wind22i
Supreme |
24-Aug-2020 11:55
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PE ratio 6.8x
Dividend yield 4%.. And lumber price going up.. |
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